Is Mike Norvell Leaving FSU? How Much is Mike Norvell Buyout at Florida State?

Is Mike Norvell Leaving FSU?

No, Mike Norvell is not going anywhere. Florida State University (FSU) and their head football coach, Mike Norvell, have agreed on a new contract extension. This new deal will keep Norvell at FSU for eight more years and will increase his salary to over $10 million per year.

Previously, Norvell signed a contract extension in February that paid him an average of $7.8 million per year and was set to last until December 31, 2029. The details of the new extension, including how much he would be paid if he were to leave FSU (called a buyout), are not yet known. His buyout was $4 million before the 2024 season, and this amount might increase with the new deal.

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How Much is Mike Norvell Buyout at Florida State?

Mike Norvell, the head coach of Florida State University (FSU), would have been the sixth highest-paid coach in 2023, with his salary for 2024 set at $10 million. This puts him just behind Mel Tucker, who was the head coach at Michigan State, and slightly ahead of LSU's Brian Kelly.

The amount of money it would take to buy out Norvell’s contract was a big discussion among fans, especially when his contract was extended. A high buyout can make it difficult for other schools to hire him away.

Who is Michael Norvell?

Michael Kelly Norvell is a famous American college football coach and currently the head coach at Florida State University. He has previously coached at Memphis, Arizona State, Pittsburgh, Tulsa, and Central Arkansas. As a player, he was a wide receiver at the University of Central Arkansas from 2001 to 2005 and holds the school record for the most receptions.

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Michael Norvell Net Worth

In December 2019, Florida State gave Mike Norvell a six-year contract worth $26.5 million, showing their confidence in him to lead the team. In 2023, they extended his contract and gave him a big raise. His new contract averages $8.05 million per year.

For the 2024 season, Norvell’s salary is $9.875 million and it will keep increasing each year until it reaches $10.835 million by the end of his contract in December 2031. With this new contract and salary boost, Norvell’s net worth is expected to be around $53.095 million, putting him among the highest-paid coaches in college football.

Michael Norvell Playing Career

Mike Norvell played wide receiver at Grace Preparatory Academy in Arlington, Texas, where he was coached by former Houston Oilers player Mike Barber. After high school, because he was small in size, he chose to wait a year before joining a college football team. During that year, he took online college courses and became an assistant coach at Grace Prep when he was 17.

In 2000, Norvell joined Louisiana Tech as a walk-on player. He later transferred to the University of Central Arkansas (UCA) from 2001 to 2005, where he played wide receiver. At UCA, he set the school record with 213 catches for 2,611 yards, 15 touchdowns, 1 rushing touchdown, and 2 passing touchdowns. In his senior year, Norvell helped his team win the Gulf South Conference championship and reach the quarterfinals of the NCAA Division II playoffs, finishing with an 11–3 record.