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Tiger Titan [50801]
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Mike Norvell recently agreed to reduce his salary by $4.5 million
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Dec 30, 2024, 11:10 AM
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to help fund FSU's "Vision of Excellence" initiative, which will help with upcoming revenue sharing that goes into effect this summer.
I applaud this, and hope we will see other college football coaches take pay cuts to help fund the programs they are paid handsomely to oversee.
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Orange Blooded [2203]
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Re: Mike Norvell recently agreed to reduce his salary by $4.5 million
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Dec 30, 2024, 11:11 AM
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Is Brad under 500,000 yet?
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1st Rounder [649]
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Re: Mike Norvell recently agreed to reduce his salary by $4.5 million
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Dec 30, 2024, 11:12 AM
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Seems like an insinuation. Who could JK be talking about?
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National Champion [7105]
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Re: Mike Norvell recently agreed to reduce his salary by $4.5 million
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Dec 30, 2024, 11:13 AM
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His insulation is that he is trolling the fan base again and people will fall for it
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Orange Elite [5529]
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110%er [3911]
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Re: Mike Norvell recently agreed to reduce his salary by $4.5 million
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Dec 30, 2024, 11:13 AM
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Norvell won 2 games this season
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TigerNet Immortal [174641]
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Sounds to me, he is trying to save his job.***
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Dec 30, 2024, 11:13 AM
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TigerNet Elite [69825]
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^^^^THIS^^^^***
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Dec 30, 2024, 11:47 AM
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Tiger Titan [50801]
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His buyout is $64 million.
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Dec 30, 2024, 12:21 PM
[ in reply to Sounds to me, he is trying to save his job.*** ] |
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He is just one year removed from a great season.
If you are suggesting that FSU told him to take a salary reduction to keep his job, I would disagree with that. He and his attorney would justifiably laugh at FSU if they proposed something like that.
Most likely, he wants to see FSU be successful and sees the challenges ahead with revenue sharing and is putting his money where his mouth is. I applaud that.
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Campus Hero [13575]
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Re: His buyout is $64 million.
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Dec 30, 2024, 12:23 PM
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That $4.5mil is over the life of his contract. He isn't cutting his salary in half for 2025.
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Tiger Titan [50801]
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It's still $4.5 million he is giving back to the school they can use now.***
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Dec 30, 2024, 12:27 PM
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CU Guru [1552]
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Re: His buyout is $64 million.
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Dec 30, 2024, 12:34 PM
[ in reply to Re: His buyout is $64 million. ] |
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It’s amazing how certain facts are omitted, seemingly deliberately so, to frame a weak narrative. I’m hoping certain posters on here will take heed and act appropriately.
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Tiger Titan [50801]
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What was omitted?
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Dec 30, 2024, 12:58 PM
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As I stated in my initial post, he is donating $4.5 million of his salary to FSU's revenue sharing initiative.
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Tiger Titan [50801]
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This article suggests otherwise:
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Dec 30, 2024, 1:03 PM
[ in reply to Re: His buyout is $64 million. ] |
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From a FOIA request, the $4.5 million is a reduction in his 2025 salary:
Originally intended to be paid $9,935,000 in 2025, the restructured contract now reflects an updated salary of $5,435,000.
The contract states that “the difference...($4,500,000) will be utilized to create a Program Enhancement Pool to be applied in support of the football program during Coach’s tenure,” adding that “decisions regarding the use of Program Enhancement Pool funds will be made by the Employee, in consultation with the University.”
https://www.tomahawknation.com/florida-state-football-fsu-seminoles-college-cfb-acc-norvell-team-roster-schedule-game/2024/12/16/24322805/restructured-buyout-contract-vision-excellence-nil-portal-season-salary-donation-contribution#:~:text=Originally%20intended%20to%20be%20paid,Year%20Twelve%20(2031):%20$0
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CU Medallion [18524]
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Re: This article suggests otherwise:
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Dec 30, 2024, 7:15 PM
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So you found the article but choose to ignore that A) “ With the reduction of pay coming for the 2025 season, the updated contract reflects that a buyout will also include a prorated sum to offset the difference in salary.” and B) increased his performance incentives. Unless he desperately needed $4.5 million now, it’s a net positive for him. This is a very silly hill on which to expose your willingness to deliberately lie to push narratives. You’re linking the very article that disproves your assertion, hoping no one bothers to read it.
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Tiger Titan [50801]
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I didnt lie. Norvell is donating $4.5 million to the revenue sharing initiative
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Dec 30, 2024, 9:25 PM
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at FSU.
The article I posted provided additional details since some people were unclear as to how it was structured. It disproved nothing I asserted.
Your pathetic attempt to criticize and discredit me is laughable.
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CU Medallion [18524]
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Re: I didnt lie. Norvell is donating $4.5 million to the revenue sharing initiative
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Dec 30, 2024, 9:42 PM
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It literally does not say that. He is allowing FSU to use $4.5m now to fund NIL and the value has been redistributed into the buyout of the contract. There is no potential financial sacrifice by Mike Norvell. Your presentation is false. I know you thrive on people not verifying your assertions but this is genuinely odd even by your standards.
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Top TigerNet [30478]
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Re: His buyout is $64 million.
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Dec 30, 2024, 12:38 PM
[ in reply to His buyout is $64 million. ] |
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Before NIL became what it is FSU was paying high school players that were uncommitted under the table with $1000s a week, allegedly lol. Don’t think money is an issue for them.
Your constant sarcasm and digs at Dabo gets tiring. You think you come off as intelligent, but really just affirm you are a #########. Dabo’s done more for Brad keeping his basketball job than Brads done over this time to keep it. If Dabo was losing then that glare would have been on Brad’s constant failures. Dabo has allowed for Brads 14 year plan to come in effect
One last question, Judge Keller®, if Brad leaves for Miami will you also? It would make you much closer to Jamaica 🇯🇲
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Tiger Titan [50801]
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I am not sure why you are bringing up Dabo or Brownell.
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Dec 30, 2024, 12:59 PM
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The thread is about Norvell at FSU.
Weird.
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CU Medallion [20868]
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^^^ Lying troll.***
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Dec 30, 2024, 1:04 PM
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Top TigerNet [30478]
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Ultimate Tiger [33770]
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Game Changer [1852]
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1st Rounder [649]
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Heisman Winner [79795]
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Brad's done that TONS of times. Hasn't he?
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Dec 30, 2024, 12:02 PM
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He's just the dreamiest.
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Legend [6955]
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Orange Elite [5265]
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I'm sure it was all about the vision,
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Dec 30, 2024, 11:14 AM
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and nothing about leading the program from 13-1 to 2-10 in 10 short months.
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Tiger Titan [50801]
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So you think FSU told him to give nearly half of his salary back to the school?
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Dec 30, 2024, 12:22 PM
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LOL.
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Orange Elite [5265]
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Of course not. I think he suggested it.
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Dec 30, 2024, 12:52 PM
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As anyone with any sense of self-preservation would do after taking a winning product and flying it straight into the ground.
He doesn't need the money. But he does need to pull his career out of the ditch. Doing this buys him a little time and goodwill from a lot of different groups.
I personally think Norvell is a mediocre coach who is in way over his head and used the portal to catch lightning in a bottle, but who can't build a perennial winner the way Dabo Swinney has.
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Tiger Titan [50801]
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LOL, Norvell's career isn't in the ditch.
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Dec 30, 2024, 1:01 PM
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He is one season removed from a conference championship and undefeated regular season. He just signed a new contract and is set for life.
They had a really bad year this year, but his career is fine.
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Orange Elite [5265]
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So lemme get this straight:
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Dec 30, 2024, 10:59 PM
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FSU finishes last in the ACC this* year but "LOL, Norvell's career isn't in the ditch. He won the ACC last* year! And obviously believes in himself!"
Clemson wins the ACC/returns to the CFP this* year, and you "don't trust Dabo anymore."
Now that's comedy.
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CU Medallion [18524]
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Re: Of course not. I think he suggested it.
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Dec 30, 2024, 7:23 PM
[ in reply to Of course not. I think he suggested it. ] |
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He’s not actually sacrificing anything. Per Tomahawk Nation “ With the reduction of pay coming for the 2025 season, the updated contract reflects that a buyout will also include a prorated sum to offset the difference in salary.” AND, he got increased performance incentives. His total compensation remains the same as his original contract even if he goes winless next year and gets fired. Alternatively, if he manages to win 9 games a year over the next decade (not a terribly tall order in the ACC plus a bowl game) he’ll make an additional $7.5 million not originally on the table. His other bonus remain intact. It’s actually a huge net positive for Norvell and points to the desperate financial situation at FSU. They obviously need to make these concessions to have the money to spend in the portal.
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Tiger Titan [50801]
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The potential payback is in incentives.
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Dec 30, 2024, 9:26 PM
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He obviously believes in himself and the initiative. Good for him.
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CU Medallion [18524]
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Re: The potential payback is in incentives.
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Dec 30, 2024, 9:39 PM
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The incentives take him over and above the original contract value. Is “pro rata” a confusing term for you?
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Orange Elite [5265]
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I think we have a difference of opinion
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Dec 30, 2024, 10:27 PM
[ in reply to Re: Of course not. I think he suggested it. ] |
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and not a dispute over the facts.
Norvell deferred compensation. I didn't say he sacrificed anything.
And they can call it whatever they want -- redirecting funds, repurposing funds, restructuring his contract, deferring compensation -- but if this clown wins the ACC this season instead of Clemson this conversation never takes place, because there's nothing to fix, no investment needed.
No, this is a face-saving move both for him and FSU, because I doubt FSU needs the money. And I doubt he'll survive long enough to trigger much if any of that $7.5M kicker.
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Tiger Cub [-94]
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Re: Mike Norvell recently agreed to reduce his salary by $4.5 million
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Dec 30, 2024, 11:15 AM
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He needs to take a pay cut and have it redistributed to the 110 Society. Maybe then we can compete with schools like Georgia Tech and Duke in recruiting.
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Game Changer [1973]
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Re: Mike Norvell recently agreed to reduce his salary by $4.5 million
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Dec 30, 2024, 11:29 AM
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I doubt Norvell would want to find the 110 Society, but I’d be okay with it.
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Game Changer [1973]
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Re: Mike Norvell recently agreed to reduce his salary by $4.5 million
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Dec 30, 2024, 11:30 AM
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Fund
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Oculus Spirit [42301]
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Nice underhanded balless attempt to attack Dabo.***
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Dec 30, 2024, 11:15 AM
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TigerNet Immortal [174641]
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My take as well. At least Norvell has won an ACC Championship***
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Dec 30, 2024, 11:41 AM
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Commissioner [1228]
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Re: Mike Norvell recently agreed to reduce his salary by $4.5 million
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Dec 30, 2024, 11:16 AM
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This is an attempt to save his job.
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Tiger Titan [50801]
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Save his job?
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Dec 30, 2024, 12:23 PM
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He has a $64 million buyout. He is set for life if FSU decided tomorrow to fire him.
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Ultimate Clemson Legend [102255]
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He doesnt want to get fired and probably wont make
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Dec 30, 2024, 11:17 AM
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it past another losing season at fsu.
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Tiger Titan [50801]
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It's amazing how you default to that.
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Dec 30, 2024, 12:26 PM
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You don't think he might actually want to see revenue sharing at FSU be successful?
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Ring of Honor [22746]
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Re: Mike Norvell recently agreed to reduce his salary by $4.5 million
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Dec 30, 2024, 11:19 AM
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If we ever go 2-10, I'm sure Dabo would give it some thought. Until then...
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Top TigerNet [30051]
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Lot of details in that agreement.
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Dec 30, 2024, 11:23 AM
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I like Mike. I hope he succeeds. But, it's not like he ust agreed to write a check for 4.5 million bucks to FSU. And, it's not like he just agreed to cut his salary by 4.5 million this year.
He did agree to cut his salary, that is true.
But, Jimmy Sexton is his agent. There are lots of details in the agreement. I don't have a list of all of them but the gist of it is this: If he is successful in the coming years he will recoup all of that money.
The restructuring of the contract was a great PR move. FSU, like all schools, has to come up with 20.5 million bucks to pay athletes (assuming the House bill passes). All schools are looking to find ways to do that.
FSU decided to start a campaign to raise the money. The campaign is called somethng like "Vision for Excellence." Norvell agrees to restructure his contract and all 4.5 million bucks that he is foregoing this year will go into "Vision for Excellence."
Jimmy Sexton is no dummy. He takes care of his clients.
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Standout [241]
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Re: Lot of details in that agreement.
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Dec 30, 2024, 1:16 PM
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I think you are right to point out that there are/ or likely are agreements that help him recoup this money. And it is a great "Public Relations" move regardless of what his final record was this year. This is about the next 10 years. Not the present.
Early on in Dabo's career I believe he passed on additional Salary to ensure he was able to pay his assistants more. That made me a believer in him. Because to me, after you are already making a million dollars in Clemson, SC, you are rich. Now how do you keep the riches coming in. Make sure the program has everything it needs, and then watch it take off. Which is what happened.
With College football's revenue model changing to include pay for athletes, this is another time when smart thinking ensures long term success. Teams that are not tethered to market max coaching salaries or have the ability to defer that compensation down the road will have more flexibility in their budgets to push towards players. This should directly affect the results on the field. I think it would be very smart for both Clemson and Dabo to openly participate in an initiative like this. Its not about what Dabo deserves at this point. And I am not looking to admonish/ or penalize him or anything like that because we haven't won a national title in 5 years. He is intitled to his contract that he signed.
That said, the world/ game is always changing. And to not take current condition into account is not smart. I also have to believe that the money that Dabo is making at this point cant make or break him anymore. Its merely a pride thing. If I had his net worth, I would be retired. To see him still coaching, its not about the money (though it does not hurt), its about his legacy at this point. To be included in the conversation when names like Bowden, Saban, Bryant, etc are discussed. He is only 55. He can/ and likely will get to 300 wins. Now if he can improve his chances on landing another Trevor Lawarence. Or get a D-Line again that included talent equal to Dexter Lawrence, Christian Wilkens, Clelin Ferrell, and Austin Bryant. Now we are talking about being in National Championships which enhances that National Legacy. I have to think that might be worth it. It would also benefit Clemson as well.
Anyway, I think its a smart move by Norvel and FSU. Sometimes you have to prime the pump to get it to work.
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Top TigerNet [30051]
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FSU is a public institution. FL has pretty strong FOI rules.
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Dec 30, 2024, 7:46 PM
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I have not read the contract, wouldn't understand it if I did. But, I listened to guys who are far more familiar with the details than I and it included things like incentives and bonuses for wins that would recoup the 4.5 million if he met those totals (over several years, not just one year). It also changed things about his guarantees if he is fired in the next coup[le of years.
Don't remember all the details. Just saying that Jimmy Sexton did a good job in restructuring his contract and it is not equivalent to taking a 50% cut in salary this year and no other changes made.
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Game Changer [1973]
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Re: Mike Norvell recently agreed to reduce his salary by $4.5 million
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Dec 30, 2024, 11:27 AM
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Pay cuts. Best way ever to build morale and improve performance. 🙄
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Head Coach [923]
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Imagine living your life constantly dreaming how to craft troll posts
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Dec 30, 2024, 11:45 AM
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intended to aggravate the very fandom you claim to share.
It’s sad and pathetic.
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Dynasty Maker [3495]
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Bingo. Its all she knows. What an odd life.***
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Dec 30, 2024, 12:05 PM
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Tiger Titan [50801]
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What are you talking about?
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Dec 30, 2024, 12:31 PM
[ in reply to Imagine living your life constantly dreaming how to craft troll posts ] |
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The guy who coaches the other major college football program in our conference just agreed to donate $4.5 million of his salary to fund this revenue sharing initiative. It is noteworthy because revenue sharing is new, and it has the potential to drastically change college football as we know it. There are a lot of unknowns, and it will be interesting to see how it all plays out.
I am not a Norvell fan, but I applaud him for donating a sizable amount of his own money to this initiative. He clearly wants to see it succeed at FSU.
The fact that you default to "troll post" is sad.
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National Champion [7105]
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Head Coach [923]
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The problem with this retort is what its always been.
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Dec 30, 2024, 9:36 PM
[ in reply to What are you talking about? ] |
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You’re a disingenuous person, and you portray circumstances at the expense of others for sport:
Using a simple metaphor, you’ve poisoned the pond. You have a body of work, and the public verdict is rendered.
You will always find a few small minded peons to carry your poisonous water, but as with “Dante’s Inferno”, you will only rule in hell and never serve in heaven.
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CU Medallion [20868]
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Snarcasm with a Seinfeld quality of learning absolutely nothing
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Dec 30, 2024, 11:50 AM
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from post to post.
Pro trolling at its best, and worst.
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Paw Warrior [4851]
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Re: Mike Norvell recently agreed to reduce his salary by $4.5 million
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Dec 30, 2024, 12:23 PM
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####### idiot.
How much did the Bradster reduce his salary for the years he was stealing from Clemson?
Dabo did reject raises and bonusses to fund assistant salaries.
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Oculus Spirit [44810]
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Re: Mike Norvell recently agreed to reduce his salary by $4.5 million
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Dec 30, 2024, 12:31 PM
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After this year I believe Norvell should give up a little more than 4.5 million. He wouldn’t get that any where else.
Kudos to Norvell for a crap season and rewarding him self with a justified pay cut.
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Paw Warrior [4622]
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Re: Mike Norvell recently agreed to reduce his salary by $4.5 million
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Dec 30, 2024, 12:58 PM
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That was a one time thing. He only reduced it for this one year and not every year left on his contract.
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Tiger Titan [50801]
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Correct, but $4.5 million is a lot of money.
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Dec 30, 2024, 1:05 PM
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I haven't heard about any other coaches donating millions of dollars to fund their school's revenue sharing initiatives.
If I missed some, please let me know. I find it admirable, as it really shows a dedication to the cause.
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Head Coach [923]
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Letterman [154]
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Re: Mike Norvell recently agreed to reduce his salary by $4.5 million
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Dec 30, 2024, 1:05 PM
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I hope you agree to take a pay cut at your job as well to donate to this charity
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Valley Legend [13038]
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Re: Mike Norvell recently agreed to reduce his salary by $4.5 million
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Dec 30, 2024, 1:18 PM
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Internet 101: if you want a troll to go away, ignore him by not responding. The more you reply, the more he will troll as he is seeking attention and a reaction.
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Tiger Titan [50801]
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Since you responded, I assume that means you don't think I am a troll
1
Dec 30, 2024, 2:00 PM
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and don't want me to go away.
So thank you!
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CU Medallion [18393]
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Re: Mike Norvell recently agreed to reduce his salary by $4.5 million
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Dec 30, 2024, 1:26 PM
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Is Norvell setting up a fund in case he's sued over missed NIL payments? Just ask the FSU men's BB coach, Leonard Hamilton, how that's working out.
How can a coach be sued when a business/3rd party is paying a player for their NIL? It appears the schools and coaches are more involved with buying players and making false claims than they are indicating.
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Top TigerNet [32929]
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Re: Mike Norvell recently agreed to reduce his salary by $4.5 million
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Dec 30, 2024, 1:39 PM
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Agree 100%. Brad should definitely take the lead on this, given his underperformance for the past 13 years.
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Game Changer [1904]
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Re: Mike Norvell recently agreed to reduce his salary by $4.5 million
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Dec 30, 2024, 7:22 PM
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You're pathetic
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Game Changer [2065]
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Re: Mike Norvell recently agreed to reduce his salary by $4.5 million
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Dec 30, 2024, 7:24 PM
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Going 2-10 will do that ,, highly doubt he did that on his own lol
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Rock Defender [55]
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Re: Mike Norvell recently agreed to reduce his salary by $4.5 million
Dec 30, 2024, 9:20 PM
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Hey JK- are you aware that FSU went 2-10? And one of those wins was a lucky last second escape against... Cal! Your hatred for dabo is hilarious
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Tiger Titan [50801]
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What does their record this year have to do with it?
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Dec 30, 2024, 9:29 PM
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Norvell voluntarily suggested this to FSU’s administration.
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CU Medallion [18524]
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Re: What does their record this year have to do with it?
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Dec 30, 2024, 9:54 PM
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Pretty big flaw in your argument. If Mike Norvell was truly “donating” the money to NIL he wouldn’t need to restructure his contract. He could simply have made the donation.
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National Champion [7105]
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Valley Legend [12780]
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Letterman [151]
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Re: What does their record this year have to do with it?
Dec 31, 2024, 9:42 AM
[ in reply to What does their record this year have to do with it? ] |
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Interesting that Norvell suggested a restructuring of his contract after a 2-10 season and not after a 13-1 season.
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Orange Elite [5563]
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Re: Mike Norvell recently agreed to reduce his salary by $4.5 million
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Dec 31, 2024, 6:48 AM
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He cooked...He's got zero core to build around via the portal and has no foundation within his program....This is the gamble of win now and build your teams through the portal on an annual basis...They're going to have to blow it up again in the next year or 2. Serves him right...Balance the old style and new style of roster management is insanely difficult but it's the only recipe for continual success.
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Orange Blooded [2529]
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Re: Mike Norvell recently agreed to reduce his salary by $4.5 million
Dec 31, 2024, 9:24 AM
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Norvell will be fired sometime between now and end of 2027.
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