​Melina Myers-Imagn ImagesFlorida State rumors: The $100 million obstacle to firing Mike Norvell appeared first on ClutchPoints. Add ClutchPoints as a Preferred Source by clicking here.Florida State dropped to 1-1 on the season with a 27-24 loss to SMU on Monday. After another ACC loss, calls to fire Mike Norvell as head coach have resurfaced.While Norvell is firmly on the hot seat, there is a major financial reason not to make the move, per Pete Nakos of On3.“The Seminoles opted to bring him back after a disappointing season, in part due to the finances of making a move. Norvell’s buyout currently sits at roughly $49 million, and sources have told On3 the all-in cost of a coaching change, new roster and new staff sits around the $100 million mark,” Nakos wrote. “Another lingering question sources have mentioned in recent days is if Florida State moves on from Norvell, who would make the next hire. Athletic director Michael Alford has been in his role since 2022. The Seminoles’ roster budget sits in the lower half of the ACC.”Watch sports LIVE with fuboTV (free trial)Norvell became the head coach of FSU for the 2020 season, after four successful seasons at Memphis. The first year did not go well, going just 3-6, but slowly, Norvell turned things around. In 2022, the team went 10-3 with a win in the Cheez-It Bowl. Then, in 2023, the team was at its best. FSU opened the season 11-0, but Jordan Travis suffered a season-ending injury against North Alabama.FSU would go on to defeat Florida and then Louisville in the ACC Championship, but was left out of the playoffs, despite being 13-0. They would then fall 63-3 to Georgia in the Orange Bowl. From there, it has been downhill. Florida State went just 2-10 in 2024 and won just once in ACC play. Then, in 2025, the team went 5-7, but with just two wins in the ACC.It is going to take a lot to get Norvell off the hot seat. They are off this week before visiting Alabama. They also have games against Virginia, Louisville, and Miami on the schedule.Related: North Carolina football rumors: Bill Belichick’s seat still labeled ‘hot’ despite TCU upsetRelated: Bill Belichick’s North Carolina hit with punishment for recruiting violations