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Report: FSU CFB Team Has $12M NIL Budget Amid 0-2 Start to 2024 Season

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No team is getting a lower ROI in college football right now than Florida State.

The Athletic's Bruce Feldman reported Wednesday the Seminoles have a team NIL budget totaling $12 million. That investment so far has netted a 24-21 loss to Georgia Tech and a 28-13 defeat to Boston College.

The reigning ACC champions were 10th in the Associated Press preseason Top 25 poll and fell out of the ranking entirely for Week 2.

This article will be updated soon to provide more information and analysis.