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The all-inclusive Rutgers dumpster fire thread...
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[QUOTE="richmondcuse03, post: 5650214, member: 984"] The math in here is crazy...and is pre revenue sharing so the costs will go up another $20M. We're missing more of the numbers because the big buckets below only account for $136.5M of the $193M in total expenses. They've more than doubled total spending in six years and got...what out of that? The AD argues they have a revenue problem vs spending and compared to Big Ten peers, she's not wrong. But they have a tiny amount of donations to their AD coffers and it seems like their ticket sales are a fraction of a typical Big Ten school, too. Something is missing... From the article: The report shows $146.6 million in total operating revenues, thanks to a record $61.3 million from the Big Ten for its media rights and $10.7 million from the conference as its share of the league’s Football Bowl revenue fund. Those gains were offset by an 8.7% increase in Rutgers’ sports spending from the previous year. The highest expenditures included $46.1 million in coaching salaries, $31 million in support staff and administrator salaries, $23.1 million in scholarship aid, $14.4 million in facilities debt, $13.5 million in team travel and $8.4 million in student-athlete meals. The ledger shows a $47.2 million shortfall. When added to the $7 million subsidized from the school’s general budget, $8 million from the state budget and $15.8 million in student fees, the department’s deficit reached a record $78 million. [/QUOTE]
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