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The all-inclusive Rutgers dumpster fire thread...
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[QUOTE="DJSpanky, post: 1772157, member: 4828"] Unfortunately it's our Olympic sports that pull us into the red. Also, we do some bizarre accounting that just about every other school doesn't do, which drives up the cost side of the ledger. Finally, the subsidy includes student fees, which a lot of other colleges charge, and which also covers the 10K+ student tickets for football and whatever student tickets there are for the revenue sports. [I](I believe the current subsidy is around $10 million - not sure on that though.)[/I] Now outside of all that, the ironic thing about all of this is that football has been in the black the last couple of years. And whenever people go on the attack in the local papers, it's always football that they target. As for when RU Athletics stops losing money, it could be as soon as when the revenues from the new TV deals hit the coffers. Although we will still be getting a prorated share, whatever the increase is in a full share we will receive. So, for example, [I](and I'm pulling these numbers out of thin air)[/I], if a full share jumps from $20 million to $37 million, we will get the full $17 million increase. [/QUOTE]
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