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Florida State is paying $1.3 million for Saturday’s game at Doak Campbell Stadium in Tallahassee against Memphis, the former school of Seminoles head coach Mike Norvell.
Norvell spent four seasons at Memphis compiling a 38-16 record and was hired by Florida State in December 2019, taking over for the fired Willie Taggert after guiding the Tigers to four straight postseason appearances, including the Cotton Bowl.
The Memphis contract was executed six months after Norvell’s hiring, and the $1.3 million payment must be made on or before February 15, 2025.
Mike Norvell buyout
Florida State, which lost its first two games this season, is invested in Norvell for the time being. At present, firing him would result in the school paying him $65 million not to coach or 85% of his base salary and supplemental pay over the remainder of a contract set to expire on Dec. 31, 2031.
The amount would be subject to Norvell’s duty to find another job with the income from that position offsetting what FSU would owe him.
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This article originally appeared on USA TODAY: Florida State paying Memphis $1.3 million for Saturday’s game
Source link : https://sports.yahoo.com/florida-state-paying-memphis-1-190153452.html
Author : USA TODAY Sports
Publish date : 2024-09-14 19:01:53
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