Florida State athletics cuts 25 jobs, slashes budget by 20%
TALLAHASSEE, Fla. (WCTV) - Florida State athletics has made major cuts to its operating budget, including the elimination of 25 jobs, according to a statement from Athletic Director David Coburn.
In addition to eliminating positions, the athletic department will reduce the salary of all employees making $43,000 or more including a 10% pay cut for those who make more than $150,000 annually.
The overall budget for the department is being cut 20%.
Head football coach Mike Norvell and head basketball coaches Leonard Hamilton and Sue Semrau, along with AD Coburn “have taken significant salary reductions,” according to the release.
Norvell took a 25% pay cut: His salary for the upcoming year will be $3.3 million.
Hamilton will see his salary drop to $1.91 million, which is around a 15% deduction. Semrau will take the same reduction.
Coburn had a 20% cut, according to a source.
The department is also putting in action other cost saving measures, such as all non-coaching staff being transitioned from a department provided phone to a stipend. Coburn has stated that furloughs in addition to these cuts remain a possibility.
Coburn says that while the pandemic is “primarily responsible” for the current numbers crunch he goes on to state “declines in football season ticket sales and donations to the annual fund of Seminole Boosters, and the unanticipated expenses related to replacing the football coaching staff have resulted in revenue shortfalls.”
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