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FSU, Mike Norvell agree to restructured contract that includes over 4 million dollar contribution to new fundraising initiative

Florida State announced on Monday that head coach Mike Norvell’s contract had been restructured, part of which includes a $4.5 million contribution to help launch the university’s Vision of Excellence initiative, a new fundraising campaign that “ seeks to immediately raise Florida State athletics to new heights of comprehensive excellence by setting ambitious goals for the future of the student-athlete experience, coaching, facilities and fan engagement.”

The restructuring of the contract, of which the details were not immediately available, was offered by Norvell.

“I presented this to our administration in an effort to boost the support of our student-athletes while recognizing that the results and expectations need to be upheld to the highest level,” Norvell said.