
the staff of the Ridgewood blog
New Brunswick NJ, Rutgers University athletics is now outspending many of its Big Ten counterparts, and for the sixth consecutive year athletics department posted a deficit of more than $50 million , this despite getting its largest amount yet of Big Ten conference revenue.
An analysis of available NCAA reports for the 2021-2022 fiscal year shows that New Jersey taxpayers and students are paying more than their fair share of the athletic expenses for Rutgers than the public does at any other Big Ten state university.
Rutgers spent more than $138 million on athletics , that’s more than six other conference schools while losing nearly a whopping $53 million in the last fiscal year. That shortfall is the largest among Big Ten public schools.
Meanwhile, Rutgers revenues of $85 million, not including student fees and other university support, was dead last, a place New Jersyians all too often find themselves among the 13 schools whose financials were reviewed by NorthJersey.com. Nearly all the other schools made significantly more than $100 million.
Greg Schiano is the highest paid employee in the state.
A complete and utter conman.
As long as Rutgers is aggressively pushing a Liberal Woke Agenda, they they’ll get all the money they can spend, and then some…