14. Rutgers $32.9 million
This represents the final year of Chris Ash who was fired after the 4th game and replaced with interim Nunzio Campanile for the final two-thirds of a disastrous 2-10 (0-9 B1G) season. The Scarlet Knights lost their four Big Ten home games by an average score of 43-11 and announced attendance hovered around 30K. RU remains the only athletic department in the Big Ten and one of the very few in the Power Five that uses creative bookkeeping to cook its books and represent a balanced budget when it’s clear the program is running at a deficit. How much of a deficit, we can’t tell because the ledger has been balanced with un-itemized contributions, apparently from elsewhere in the university’s general fund. For the record, Rutgers lists its football revenue and expenses as identical totals – $32,874,357.
This is very imaginative reporting. It is the case that, if not for football, revenues would be minuscule. The entire Big Ten income distribution exists BECAUSE Rutgers plays football and basketball.. so the student fees for athletics.. are in order to support the football program.. largely. So that is legitimate revenue.
It could be the case that Football brings in MORE than the $32M+ and the excess is given to other sports and THAT is why football shows a balanced budget.