it was a horrible decision to add them to the league in the first place
Rutgers $78m in debt
- Thread starter QChawks
- Start date
Ouch. Obviously unsustainable. Rutgers and the BIG need to develop a plan for them to leave and figure out who to add, and it needs to happen ASAP.
What about the Big Ten money? Imo no way should a power 5 program be in any debt with the money that rolls in...
I don’t even get how that’s possible. From B1G TV Revenue and tickets/concessions at football and basketball games they should be getting 70 million gross minimum. Realistically probably more like 80-90 million. You’re telling me you can’t operate break even with that amount?
Their university endowment is 2.04 Billion, which provides 50 million annually for spending on facilities and programs.
Cry me a river
Cry me a river
Financial Overview (2025-2026 Season)
- Big Ten Revenue Sharing: Rutgers is projected to receive approximately $20.5 million in direct revenue sharing from the Big Ten for the 2025-26 academic year, which is heavily geared towards funding NIL and athlete compensation.
- Total Athletic Revenue: For the 2023-24 fiscal year (leading into 2025), total operating revenue was $136.8 million, with roughly $14.7 million from ticket sales. While specific 2025 game-day revenue is pending, the program has aimed to increase this via improved on-field performance.
- Deficit Challenges: Despite increasing revenue, Rutgers’ athletic department has continued to struggle with deficits, which exceeded $70 million for the 2023-24 year.
Do they get an equal share yet? I know when brought it they were getting lower amount for a certain number of years
Click to expand.
Pretty big variance in total revenue.
Conclusion - money wins. Except at Nebraska.
Interesting, IU, Iowa and Illinois all About the same. Wisconsin is a bit of a sleeping giant in football. They could be much better. Someone like KF or a Pat Fitzgerald would have them very competitive.
They need to increase @JerseyCityHawk taxes to make up this deficit.
A school with almost 40,000 undergraduates is struggling? What gives? Their alumni base should be massive and they live in a highly populated area. A 52,000 seat stadium that they struggle to put butts into is probably a starting point of suck on their end. Their highest attended home game ever was the game against us this past fall.
Notre Dame is the obvious choice. The B10 has been courting them for more than half a century now and they almost joined at the end of Delaney’s term but they are apparently sore from having their 2nd application for membership denied (when Woodrow Wilson was President IIRC….in no small part due to Michigan’s anti-Catholic campaign)
Texas Tech lol.
Paulie Walnuts has some words for the Rutgers admin...
Wisconsin absolutely owned us in the 2010s decade except for 2015 when we eeked out a W in Madison. Maybe they fired Chryst to early or should have hired Leonhard as the permanent HC... regardless both the AD and HC are both on the hot seat for how far they have regressed.
It’s ridiculous. They should have hired Fitzgerald, just keep instate talent…always good O,line and linebackers similar to Iowa, build a culture and they have a ton of $$$ for the portal. HC and AD should be tarred and feathered.
That 20.5 million is what’s shared to pay the players directly. They got over 60 million in shared revenue from the B1G.
https://www.nj.com/rutgers/2026/01/...024-25-new-ad-says-its-got-to-get-better.html
Everybody gets 20 million shared revenue, schools spend what they want or have on top of that. So Ohio State is kicking in an additional 20-30 million to buy players.
You’d think that a school which has grossly overextended their athletic budget so much wouldn’t suck in every single sport….
Had no idea until today that Geo Tech backed out at the final hour otherwise we were set to get them and Maryland. Wish we never had taken in Nebbie as well…
Link?Had no idea until today that Geo Tech backed out at the final hour otherwise we were set to get them and Maryland. Wish we never had taken in Nebbie as well…
I haven't read the article yet...Just got back from Aruba & literally standing at the baggage carousel in Newark Airport waiting for my luggage.
My understanding is that most schools operate in the red. NJ dot Com has a looonnnngggg history of digging up & publishing any negative dirt they can find on Rutgers.
I am aware that Schiano added a boat to if support staff & salaries for that category are over $11m...which is nuts
Actually the 20.5 million is the max any school can share with athletes,if they can afford it.
Any other compensation has to come from non- forever,before having to pony up the 20.5thin marginshaveng in ng entities like swarm.
OSU collectives are flush and can pay the extra 30 million or more if needed.
But OSU as an institution is restricted to the same number as the rest of nation.
Iowa borrowed to get thru covid, I am sure every other BIG school had to also.
Rutgers is simply not pulling in the donations to athletic dept that schools like Iowa does.
I have been preaching that these athletic depts operate on thin margins before having to pay out the 20.5 million.
All the talking heads blather on how colleges are making billions so players need to get the bag do not recognize that FB and BB are the only sports that make money and need to carry the other 23 sports.
no you don’t understand, revenue sharing is given to each school, 20 million in the big and the sec. The schools boosters, donors, nil program can put any amount of money on top of that that they want or can afford. there is no salary cap, you are mistaken
I think you two are making two separate arguments. The $20.5M that schools can pay all their athletes directly is part of last year's NCAA settlement and is indeed the maximum that can go to athletes across all sports that comes directly from the college. Iowa is campaigning to offset this cost with "Flight Funds."
NIL collectives from outside $ to pay athletes are unlimited and of course vary greatly among schools. Iowa's NIL collective is "Swarm."
I can't speak on this "$20M revenue sharing" but whatever it is does not apply to directly paying athletes; likely just $ spread evenly among the conference schools to support their athletic departments.
WTF? You told the other poster that he didn't understand and that he was mistaken when he wasn't. He was talking about paying players, and you chimed in with a different topic and told him he was wrong. You actually sounded kinda stupid, but I was trying to be cordial.
But after reading your take on BG and her role in hiring the next football HC, it's not surprising that you don't get it.
The term revenue sharing refers to school revenues that are shared with athletes.
Any division 1 program can pay out of their revenues to a max of 20.5 million.
On top of that, collectives can also give athletes compensation for nil. None of that comes from the schools.
Schools are not " given" 20.5 million to dole out to athletes...you are confused.
This is why pollard was moaning about ISU being unable to pay out the 20.5 million...they do not have revenue streams like the BIG and SEC schools.
You need to change your screen name. Such a legendary team shouldn’t be represented by such an utter moron.