FSU shared the details of Norvell's extension, which was signed on Feb. 16 by him and athletics director Michael Alford, through a public records request. The FSU head coach will make $10 million for the fifth year of his contract in 2024, a heavy leap up from his base salary of $5.55 million in his fourth contract year in 2023.
It's also a sizable raise from the $7.550 million Norvell was set to make in 2024 according to the contract extension he signed in February 2023.
From his current salary of $10 million, Norvell's base salary will go up by $150,000 per year going forward, getting all the way up to $11.05 million in the 12th and final year of the current contract in 2031.
Here's a year-by-year breakdown of Norvell's base salary for the next eight years:
Contract Year Five (2024): $10,000,000
Contract Year Six (2025): $10,150,000
Contract Year Seven (2026): $10,300,000
Contract Year Eight (2027): $10,450,000
Contract Year Nine (2028): $10,600,000
Contract Year Ten (2029): $10,750,000
Contract Year Eleven (2030): $10,900,000
Contract Year Twelve (2031): $11,050,000
Norvell also has a number of incentives built into his contract which will pay him additional money for achieving certain on and off-field benchmarks within his program.
Conference Championship Game ($250,000 maximum)
Conference Championship Game Appearance: $100,000
Conference Championship Game Win: $250,000
Post-Season Bowls ($950,000 maximum)
Non-College Football Playoff ("CFP") Bowl Appearance: $100,000
CFP First Round Game Appearance: $250,000
CFP Quarterfinal Game Appearance: $375,000
CFP Semi-Final Game Appearance: $500,000
CFP National Championship Game Appearance: $750,000
CFP National Championship Game Win: $950,000
Coach of the Year ($150,000 maximum)
Conference Coach of the Year: $50,000
National Coach of the Year: $100,000
Academic Performance ($200,000 maximum)
Single-Year APR of 950 or above: $100,000
Single-Year APR of 970 or above: $125,000
Single-Year APR of 990 or above: $150,000
Single-Year APR of 1000: $200,000