Thursday, August 13, 2026

FSU’s Guarantee Game Loss to Memphis Comes With $1.3M Price

  • Memphis beat Florida State 20–12 in Tallahassee, while also getting a guaranteed $1.3 million.
  • FSU falls to 0–3 on the season after a preseason top-10 ranking.
Sep 14, 2024; Tallahassee, Florida, USA; Memphis Tigers wide receiver Koby Drake (10) celebrates after a big play against the Florida State Seminoles during the first half at Doak S. Campbell Stadium
Melina Myers/Imagn Images

Florida State came into the year ranked 10th in the preseason AP college football poll. Now they can’t buy a win. The Seminoles lost to Memphis 20–12 at home on Saturday, dropping their season record to 0–3. 

To rub salt in a raw wound: FSU paid the Tigers $1.3 million to play the guarantee game. Instead of walking away with an expected loss, Memphis is not only taking home the W, but also a hefty payout. Increasingly, major conference teams are finding these cupcake games are not always the assumed cakewalk.

In Week 0, Montana State earned $360,000 to travel to New Mexico, but came home with a surprising 34–31 victory. The biggest sticker shock yet is Notre Dame’s Week 2 loss to Northern Illinois: the Fighting Irish had dangled $1.4 million to a team that went 7–6 in the Mid-Atlantic Conference last year, only to put an early dent in its College Football Playoff hopes when it fell short 16–14 in South Bend.

Today, it was Florida State’s turnt. The reigning ACC champions entered the matchup a 6.5-point favorite against the Tigers, which have been looking to play their way out of the AAC and into a Power 4 conference. 

That spread might have been larger had the Noles not put in two underwhelming performances to start the year. On Aug. 24, they opened the season with a loss to unranked Georgia Tech, then fell Sept. 2 to Boston College at home. FSU is the only winless team in the 17-team ACC.

This field is for validation purposes and should be left unchanged.

Sign up for
The Memo Newsletter

Get the biggest stories and best analysis on the business of sports delivered to your inbox twice every weekday and twice on weekends.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

First at FOS

Illinois’s $30M Busey Bank Deal: Exec Road Trips, Player Job Pipeline

The jersey patch deal is part of an overall $30 million sponsorship.
Mar 15, 2024; Las Vegas, NV, USA; FS1 announcer Jason Benetti during the game between the Colorado Buffaloes and the Washington State Cougars at T-Mobile Arena. Mandatory Credit: Kirby Lee-USA TODAY Sports
Exclusive

Jason Benetti Will Call NBA Games for NBC This Season

Benetti will supplement NBC’s roster, not replace any of its NBA voices.
Varsity Brands

Varsity Brands CEO on PE Ownership and the Business of Cheer

Varsity includes a cheerleading business and an athletic apparel division.
Josh Kushner and Karlie Kloss attend the annual Allen and Co. Sun Valley Media and Technology Conference at the Sun Valley Resort in Sun Valley, Idaho, U.S., July 8, 2026.

Who Is New Lakers Owner Josh Kushner?

His older brother, Jared Kushner, is married to Donald Trump’s daughter Ivanka.
podcast thumbnail mobile
Front Office Sports Today

Lakers’ Shocking $12.5B Sale, Cuban Drops Mavs Suit, Field of Dreams Tickets Soar

0:00

Featured Today

Trendy Golf Hat Divide Is More Than a Fashion Fight

As golf has gotten trendier, so has the sport’s style.
Joey Spallina of the Maryland Whipsnakes
August 6, 2026

How Eye Black Became ‘War Paint’ on the Field

“You’re going into battle, doing something you only do on game days.”
August 6, 2026

Tom Brady Explains His Aggressive Push Into Trading Cards

Brady talked to FOS about his eponymous card company.
FILE PHOTO: Cricket - Indian Premier League - IPL - Mumbai Indians v Chennai Super Kings - Wankhede Stadium, Mumbai, India - April 23, 2026 Mumbai Indians' Suryakumar Yadav in action
August 5, 2026

India Is Stealing Cricket’s Throne From England and Australia

India’s insatiable appetite for cricket has shifted the traditional locus of power.
WPBL
July 30, 2026

Who’s Playing Women’s Professional Baseball?

Sixty players from 11 countries are descending on Illinois for six weeks.

Knicks’ Title Run Creates $67 Million Bump for MSG Sports

The NBA team’s parent company reported across-the-board financial lifts. 
U.S. President Donald Trump speaks during an event to sign an executive order regarding vaccine flexibility, in the Oval Office at the White House in Washington, D.C., U.S., August 10, 2026.
August 12, 2026

White House Denies Involvement in Lakers Sale to Kushner

“This has nothing to do with President Trump or his administration.”
Mar 26, 2026; Los Angeles, California, USA; Los Angeles Dodgers owner and chairman Mark Walter walks on the field after the game against the Arizona Diamondbacks at Dodger Stadium.
August 13, 2026

‘Totally Nuts’: Mark Walter’s Lightning-Fast Lakers Flip

“It is the fastest flip I know of,” a sports economist tells FOS.
Sponsored

Saints Great Turns to Ownership

Marques Colston discusses his Champions Fund launch and finding success after football.
May 9, 2026; Los Angeles, California, USA; Former Disney CEO Bob Iger watches pregame warm ups before the game between Angel City FC and the San Diego Wave at BMO Stadium.
August 12, 2026

Iger, Kushner, Walter Have Sports Empires Beyond the Lakers

The three businessmen already own stakes across major sports leagues.
Jan 24, 2026; Dallas, Texas, USA; A view of the Los Angeles Lakers logo on the shorts of Los Angeles Lakers forward LeBron James (23) during the game against the Dallas Mavericks at the American Airlines Center. Mandatory Credit: Jerome Miron-Imagn Images
August 12, 2026

Lakers Sold to Kushner, Iger for $12.5B Amid Walter Investigation

It’s the second time in 14 months the team has been sold.
August 7, 2026

The Rams Juggernaut Is More Than ‘F Them Picks’

How a Super Bowl favorite was built in L.A.
Jul 22, 2026; Bronx, New York, USA; New York Yankees left fielder Cody Bellinger (35) hits a double against the Pittsburgh Pirates during the fourth inning at Yankee Stadium
August 6, 2026

Yankees Are Polymarket’s Latest Big Sports Swing

Polymarket became the exclusive prediction-market partner of MLB in March.