Florida State’s 34-17 win over New Mexico State felt like a gut-punch, not a triumph—leaving fans frustrated and betting markets shaken. Facing a ranked SMU team next, the Seminoles look diminished, struggling with roster depth, coaching instability, and mounting financial woes that threaten recruiting and future investment. With SMU’s explosive offense and stout run defense poised to exploit FSU’s vulnerabilities, now might be the time to “buy the dip”—but the program’s decline runs deeper than one bad game.
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