This was the year Rutgers University athletics expected to be on firm financial ground.
Instead, the athletic division has been losing more money than ever. And almost half of its $265 million in outstanding debt has not gone toward new buildings — it has instead been used to cover the ever-rising operating costs associated with joining the Big Ten Conference.
Instead, the athletic division has been losing more money than ever. And almost half of its $265 million in outstanding debt has not gone toward new buildings — it has instead been used to cover the ever-rising operating costs associated with joining the Big Ten Conference.
‘Unsustainable’: How Rutgers athletics quietly racked up $265M in debt
This was the year Rutgers University athletics expected to be on firm financial ground. Instead, the move to the Big Ten means anything but that.
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