Mike Norvell's High Buyout Costs for FSU

• Norvell's buyout is 85% of remaining salary
• Estimated buyout amount is $58.7 million
• Contract includes equal monthly payments or lump sum options
• Recent contract extension significantly raised Norvell's salary to $84.2 million
• Norvell has a current record of 36-31 overall
• Contract was extended through 2029 after successful seasons
• His 2026 salary would place him among the top-paid coaches

Florida State University faces a substantial financial obligation if they choose to fire head coach Mike Norvell, with a buyout clause amounting to 85% of his remaining contract compensation. As of late November, this buyout could total nearly $58.7 million, reflecting the growing financial stakes in college football coaching contracts.