Categories: Sports

FSU Seeks to Raise $320 Million for Stadium Renovations and Football Facility Construction Through Revenue Bonds

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Florida State University is making big moves in the world of college football with plans to raise $326.6 million through revenue bonds for renovations to Doak Campbell Stadium and the construction of a new football-only facility. This news comes as Grand Valley State defensive tackle transfer Jay’Viar Suggs visited Tallahassee over the weekend, adding to the excitement surrounding FSU football.

The revenue bonds, to be issued by the State of Florida Board of Governors, will be backed by revenue generated by the Seminoles, including conference payouts, ticket sales, booster donations, and sponsorships. The funds will go towards the $372.3 million project, with completion expected by August 2025.

In other football news, CBS Sports’ Clint Brewster gave Florida State an A+ rating for their success in the transfer portal, highlighting key additions like DJ Uiagalelei and Marvin Jones Jr. The Seminoles are building a strong roster through strategic transfers.

On the academic front, Florida State celebrated the graduation of 7,813 students, including 101 athletes. Notable graduates from the athletics program include football standout Toafili and diver Jesco Helling. The Seminoles’ commitment to academic excellence was further highlighted by the recognition of student-athletes across various sports for their achievements in the classroom.

With these developments in football, academics, and more, Florida State University continues to make waves in the world of collegiate sports and education.

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