...unless you are employed in education or government, or both!
In his defense, Rutgers losing $73MM in the big picture of Rutgers (the entire system) having a budget of $4.8B, the loss is approximately 2% of the budget. Of course that number climbs significantly was you pare down the campuses and realize the $73MM is lost by one campus only.
That said, the numbers show that the AD is still a very small piece of the overall university operations budget. Even Rutgers losing $73MM does not move the needle, why would anyone thing UVA, UNC, Duke, Clemson, FSU, et al worry about $10-$30MM for a move to another conference when the schools have much more inside and accurate information than we have. Ex: the B1G still shares gate revenue and includes the shares with the payouts. This artificially increases the payouts because they paid half their gate to the conference. Does anyone think Rutgers adds a significant value to the share of the gate revenue?
The same holds true for any P5 university. The AD is less than 10% of each budget. Most schools run them poorly. SU has a history of running the AD fiscally correct. Of course, they lack the state government funding utter foolishness so there is that reality.