Rutgers

[Ha Who]

‘Unsustainable’: How Rutgers athletics quietly racked up $265M in debt

This was the year Rutgers University athletics expected to be on firm financial ground. Instead, the move to the Big Ten means anything but that.

www.njherald.com

 

[uconntailgater]

The BIG has to regret accepting them into the conference.

 

[LoyalFanCT]

Will the B10 throw them out? Can UConn get in, along with Kansas?

 

[ClifSpliffy]

‘Unsustainable’: How Rutgers athletics quietly racked up $265M in debt

This was the year Rutgers University athletics expected to be on firm financial ground. Instead, the move to the Big Ten means anything but that.

www.njherald.com

this is a monster story. quite surprised that it's flying far under the radar here.


nice catch.

 

[WestHartHusk]

Will the B10 throw them out? Can UConn get in, along with Kansas?

Kick them out of what, Rutgers doesn't have a copy of their agreement on Big10 membership. To repeat, Rutgers was gifted access to the richest conference in college sports on non-athletic grounds, and lost the contract. How is that possible?

 

[UconnU]

They’re using credit as revenue? They’re a public university. Horrible.

 

[geordi]

Will the B10 throw them out? Can UConn get in, along with Kansas?

So.... let me get this straight! UConn has a $40M shortfall from the athletic department. You want us to join the BIG, which will lose pretty much all of the revenue we currently get from conference, TV, etc. and increase costs for non revenue sports. We'll get a reduced share of the BIG revenue for several years, so we can run a $60M deficit???

 

[WestCoastHusky]

After all these years, it is still hard to believe a school as inept as RU hit the lottery over UConn.

 

[ClifSpliffy]

After all these years, it is still hard to believe a school as inept as RU hit the lottery over UConn.

obviously, they didn't.
'objects in the mirror may be closer/further than you think.'
(posted in respect for those who can balance their checkbook using just a pencil and a piece of paper. we need way moar of youse.)

 

[CL82]

So.... let me get this straight! UConn has a $40M shortfall from the athletic department. You want us to join the BIG, which will lose pretty much all of the revenue we currently get from conference, TV, etc. and increase costs for non revenue sports. We'll get a reduced share of the BIG revenue for several years, so we can run a $60M deficit???

Nah, only Rutgers could screw that up quite so badly.