Mike Norvell's net worth in 2024 is $53 million. The former NCAA Division II wide receiver has made quite a name for himself as a coach at the Division I level, most recently at Florida State. Here is a look at Mike Norvell's net worth in 2024.
What is Mike Norvell's net worth in 2024?: $53 million (estimate)
All Norvell wanted was to get a shot at winning his first National Championship. However, in 2023, it wasn't meant to be, as the committee left him out of the College Football Playoff. Mike Norvell's net worth in 2024 sits at about $53 million, according to Sportskeeda.
Norvell was born on Oct. 11, 1981, in Irving, Texas. He played wide receiver at Grace Preparatory Academy in Arlington, Texas. He waited a year after graduating to try walking on to a college football team.
Norvell enrolled in online college courses and became an assistant coach at his alma mater. He walked on at Louisiana Tech in 2000 and then transferred to the University of Central Arkansas from 2001 to 2005, playing wide receiver.
He set the school's all-time reception record with 213 pass receptions for 2,611 yards, 15 receiving touchdowns, one rushing touchdown, and two passing touchdowns during his college career. In his senior season, the team won the Gulf South Conference championship and made it to the quarterfinals of the NCAA Division II playoffs.
Mike Norvell's early coaching career
In 2007, Tulsa hired Norvell as a coaching assistant under Gus Malzahn. He had the title of graduate assistant for a year and was then the wide receivers coach for two years.
Pittsburgh hired him as their co-offensive coordinator in 2011 while serving as the wide receivers coach. Arizona State hired him as the lone offensive coordinator in 2012, and he held the position until 2015.
Norvell's first head-coaching position came with the Memphis Tigers in 2016. He was the youngest FBS head coach in the nation at the time. Memphis felt like he was ready for the job due to having one of the best offenses in FBS while at Arizona State.
Justin Fuente was the same type of coach as Norvell when Memphis brought him in for the 2012 season, but Fuente left the Tigers to coach Virginia Tech. The University of Memphis agreed to a five-year contract with Norvell, paying him $1.8 million in his first season, with that number escalating over time.
Norvell led the Tigers to an 8-5 record in his first season but couldn't win the Boca Raton Bowl game. In the following two seasons, he won the Conference division title in the American Athletic Conference West but failed to win the conference title or the corresponding bowl game.
His best season came in 2019 when the Tigers finished with a 12-1 record, finished No. 17 in the AP poll, and won the American Athletic Conference. They were invited to play in the Cotton Bowl, but Norvell wouldn't be there to see the season through.
Mike Norvell takes over Florida State
Florida State announced that Norvell had agreed to a six-year, $26.5 million contract on Dec. 8, 2019. Norvell's first season was cut short due to the strength of the COVID-19 pandemic, as Florida State played just nine games. They finished with a 3-6 record.
The team was 5-7 in 2021 but showed plenty of improvement. Norvell solidified the return of Florida State football in 2022 when the team finished with a 10-3 record and a No. 10 ranking in the AP Poll. The team then went on to win the Cheez-It Bowl.
Hopes were high going into the 2023 season, and the Seminoles didn't disappoint. They started the preseason by extending Norvell to a contract worth $8.05 million annually.
They beat the No. 5-ranked LSU Tigers in Week 1 and went undefeated through the season, setting up a matchup with the Louisville Cardinals in the ACC Championship game. Florida State was No. 4 in the AP Poll entering conference championship week. They beat Louisville 16-6 and looked poised to head to the College Football Playoff.
However, the committee excluded the Seminoles, making them the first ever undefeated Power Five conference champion to be left out. The Seminoles had to settle with facing the Georgia Bulldogs in the Orange Bowl, another team with a case to be included in the playoff. However, Georgia embarrassed FSU by a score of 63-3.
Shockingly, FSU started 2024 by going 1-9 and losing many games in blowouts. Norvell fired offensive coordinator/offensive line coach Alex Atkins, defensive coordinator Adam Fuller and receivers coach Ron Dugans after the Seminoles fell to 1-9. FSU made the changes in a bye week and then will finish its season against Charleston Southern and in-state rival Florida.
Norvell has a long career as a head coach despite his age. Nevertheless, was Mike Norvell's net worth in 2024 a surprise?