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Found this interesting. That Rutgers has lost $115 mill in 5 years on its football program
Football beats grades every time
The University of Maryland is pulling a Rutgers. It’s dropping eight team sports, including swimming, cross country and tennis — teams that regularly produced high graduation rates — in order to save money so it can be spent on basketball and football, teams that regularly produce miserable graduation rates.
Rutgers, a N.J. state university, did similarly, dropping sports that produced genuine student-athletes, while its football program, between 2005-10, lost $115 million and head coach Greg Schiano’s deal was sweetened to be worth nearly $3 million per year.
So what that Rutgers academic departments and students are suffering mightily from cut-backs. Have you seen the varsity weight room and the athletes’ TV lounges? Wow!