When I was an undergraduate at Rutgers, many RU football games had more security guards and concession workers than fans in attendance. The team is now much more competitive in D-1 Football, but did that success come with a hefty price tag?
USA Today reports that since 2006, Rutgers has used $115 million of student fees and government funds to cover shortfalls in the athletics budget โ more than twice the amount of the next highest D-1 school. Even after the school eliminated six teams, the budget continues to grow and the school still needs more funds to balance its books.
The article ends on a disconcerting note concerning the financial state of Rutgers athletics:
For now, with the end of another fiscal year near, Rutgers and [Athletic Director] Tim Pernetti are trying to total how 2011 will end.
โI anticipate that we will be running a deficit this year in athletics,โ Pernetti says. โThe magnitude is not something I can really say yet because thereโs a lot of variables in place.โ
Does โrunning a deficit this year in athleticsโ mean the university will need to provide late-fiscal-year assistance to balance the books?
โIf youโre saying, โIs it similar to โ09-10 where there was an increase in university support?โ The answer would be yes.โ
At least the Grease Trucks are doing well.





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