ACC Program Reports $306M in Debt After Firing $50M Football Head Coach

Last week, Florida State’s season took another hit when Clemson won 36-24 on Saturday at home. It dropped the Seminoles to 3-5 and 1-4 in the ACC. The very next day, headlines were expected . Head coach Mike Norvell, who joined FSU in 2019, has been fired following a series of disappointing seasons. That wasn’t the surprising element. It was that the buyout comes to roughly $50.3 million, and it grows once the other dismissed staff are counted. The school also carries significant debt from its stadium and football facility construction, which could complicate its next steps.