Report
Florida State's reported debt exceeds $430 million, complicating a potential coaching payout
SBJ, citing ESPN, says most of the debt is facility-related, making it difficult for FSU to take on more debt.
TLDR
Florida State is more than $430 million in debt, most of it facility-related, SBJ reports, citing ESPN. The debt makes it difficult for FSU to take on more and complicates a potential $68 million payout to part with football coach Mike Norvell and his staff.
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