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RandomAsianGuy

FSU became a debt king

Florida State closed fiscal year 2025 with $437 million in athletics-related debt, according to its latest financial disclosures to the NCAA, a $200 million increase from the prior fiscal cycle and a higher total than any public FBS program reported in FY24. The figure likely placed the Seminoles atop the list of most heavily leveraged athletics departments in the country. ————— For FSU, it's Do or die Swim or sink B10 or bust But would the Big Ten actually save FSU from the misery of the ACC (lol) when Miami is AAU and flying high? I’ve said this before: It’s likely that at least one of Miami, FSU, and Clemson will have to stay in the ACC, and it's very possible only one of the three gets a call-up to the P2.
Link: Sportico
Posted: 02/03/2026 at 06:10 PM ET

Thread Replies (29)

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FSU became a debt king ◄
RandomAsianGuy • 02/03/26 06:10 PM ET
FSU is still the biggest brand in the ACC. They will be fine
HokieAl • 02/04/26 09:06 PM ET
Debt is one thing, it can be managed, brand value is different
1947Sunbowl • 02/06/26 09:16 AM ET
FSU will be fine for sure. But I don’t know if they will get an invite. **
RandomAsianGuy • 02/05/26 12:08 PM ET
You don't think the Big Ten would want to add FSU given all their snowbird
VTHokie2000 • 02/05/26 01:28 PM ET
I don't. I could see Miami ahead of FSU. **
reestuart • 02/06/26 10:39 AM ET
Given that Northwestern and USC are the only private schools currently in
VTHokie2000 • 02/06/26 01:15 PM ET
My thinking is the draw on TV is likely a wash. If you're talking trying
reestuart • 02/06/26 01:18 PM ET
I don't disagree that the TV ratings are probably a wash. Likewise, I
VTHokie2000 • 02/06/26 01:34 PM ET
Aside from JAX, the other cities are as close to Miami as Tallahassee.
reestuart • 02/06/26 02:24 PM ET
Right now, I agree with you that it would be a lot easier to get tickets in
VTHokie2000 • 02/06/26 02:34 PM ET
As I said, it’s an open race and FSU has a chance. But they’re behind Miami**
RandomAsianGuy • 02/05/26 11:14 PM ET
I'm not sure anyone is necessarily ahead in that race though. Given the
VTHokie2000 • 02/06/26 01:23 PM ET
No they are not. Butts in seats and viewership matters. FSU better for both**
HokieAl • 02/06/26 10:17 AM ET
Lots of schools run up construction debt
TerryD • 02/04/26 01:21 PM ET
Colorado State and SDSU are meeting their stadium
Big12 guy • 02/04/26 01:36 PM ET
Amortized Bonds for infrastructure
lord4bid • 02/04/26 01:04 PM ET
True,.......
2hhoop3 • 02/04/26 01:21 PM ET
Of course
lord4bid • 02/04/26 02:31 PM ET
Don't think that kind of debt can be considered a good thing
SpeakToDamien • 02/04/26 01:19 PM ET
71% of the university's institutional debt.**
reestuart • 02/04/26 08:44 AM ET
Major stadium renovation just completed - less cheap seats,
PadrosWindup • 02/03/26 08:26 PM ET
I know it’s trendy to renovate but FSU's stadium capacity has been reduced
RandomAsianGuy • 02/04/26 01:13 PM ET
From FSU site
lord4bid • 02/04/26 04:28 PM ET
Can I purchase club level or suite seating at Lane? It's
Big12 guy • 02/04/26 01:23 PM ET
Exactly how I feel about going to games. After going to a few NFL games
reestuart • 02/06/26 02:28 PM ET
Most importantly, 21st century toilets
PadrosWindup • 02/04/26 01:56 PM ET
As an elder football guy
lord4bid • 02/05/26 10:25 AM ET
I've got a 3-5 year window before my wife
Big12 guy • 02/05/26 11:31 AM ET
Qlso costs for legal fees**
1947Sunbowl • 02/03/26 09:11 PM ET