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[QUOTE="HtownOrange, post: 5233220, member: 622"]
Really?  You ask about financial mismanagement when you have to check record from decades past to determine the last time the Rutgers AD was in the black?  And the AD still takes student fees, too.

If not for the Rutgers bank and other state resources, Rutgers AD would have been  down, many times over.

The AD's total debt will never be repaid to the State, the institution, the students.  And this is with the B1G money thrown in!

Sure, the debts are generally cancelled as they will not be repaid but Rutgers' AD has been one long and egregious financial mismanagement scheme for decades.  If the Rutgers AD was a proper business it would have been bankrupt many, many years ago and never resurrected.  Only by using funds, and never paying them back, not intended to finance athletics can the Rutgers AD maintain operations.

Ridicule SU all you want, you are not a fan.  However, the SUAD remains a net positive to the university bottom line and rarely runs a deficit.

Anyway, check the financial reports for the last couple of decades and see how the Rutgers AD was in the red annually.  And generally more so than any other university.  That is the epitome of financial mismanagement in the CFB world.
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