Here’s what Florida State is going to pay Mike Norvell through six years
Mike Norvell is set to make $26.5 million through six years as Florida State’s coach, according to multiple reports.
Norvell’s FSU deal means $4.416 million per year, an improvement from the $2.6 million salary Memphis paid him this season, though the Seminoles contract is structured as a back-end heavy deal.
He’s slated to make $3.53 million the first year, $3.785 in the second year, $4.035 million in the third year, $4.285 million in the fourth year and $4.785 million in the last two years, according to 247 Sports.
Norvell’s buyout is 85 percent of the remaining money if he’s terminated early and he gets $5.25 million to pay 10 assistants, The Athletic reported.
There are also performance bonuses attached to his contract.
They are as follows: $250,000 per year Norvell is retained as coach, $100,000 for making the ACC Championship and $250,000 for winning that game; $100,000 for a bowl appearance that increases to $200,000 for a New Year’s Six bowl game, $300,000 for making the College Football Playoff, $500,000 for making the CFP title game and $800,000 for winning the national title; $50,000 for winning ACC Coach of the Year and $100,000 for National Coach of the Year; and can receive a bonus of up to $200,000 depending on a single-year APR score.
Norvell was hired last weekend. He led Memphis to the program’s first outright conference title in 50 years and a berth into this year’s Cotton Bowl, a New Yerar’s Six bowl game.
On Sunday, he was formally introduced as FSU’s next head coach, replacing Willie Taggart, who was fired Nov. 3 and hired at FAU on Wednesday.
FSU owes Taggart roughly $18 million in a buyout for his dismissal less than two years into his tenure.
Norvell is the third FSU coach following Bobby Bowden’s retirement. Bowden spent 44 years leading the Seminoles before assistant Jimbo Fisher became his successor. Fisher led the Seminoles to a national title during his tenure, which lasted eight seasons. He left in 2017 for Texas A&M, which led to Taggart’s hiring.
Norvell has already began forming his staff as he’s been on the road recruiting for FSU’s early signing class, which gets locked up next week during the early period when football players can sign national letters of intent binding them to a school.
So far this week, Norvell has hired Auburn offensive coordinator Kenny Dillingham and Memphis defensive coordinator Adam Fuller to take over those same positions at FSU, while retaining longtime Seminole assistant Odell Haggins, according to multiple reports.
This story was originally published December 12, 2019 at 3:22 PM.
