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Big Revenue ratings by school

newell138

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Aug 1, 2001
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Ocean City NJ via South Brunswick and Denville
Writer shows his obvious disdain for RU and MD and also fails to mention we are not getting a full share.

 
How ironic? Someone from State Penn insinuating something shady going on in our Athletics Department. It would be like me writing a book about cutting edge computer software.
 
What is always fascinating is that revenue is often the number used instead of the more meaningful “revenue - operating expenses” which gives you a far better sense of what is going on.
 
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I don't see how the article was ripping us. It's just the damn numbers. They aren't good.
 
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.
 
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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.
I stopped reading as soon as he said, "one of the very few in the Power Five that uses creative book keeping to cook it's books". Rutgers is one of the few who don't cook it's books. Ask psu why they hold a class in the stadium then put grounds and maintenance under the academic ledger. That's a trick they all use but Rutgers doesn't.
 
Being the only big time college football program in the New York area, the potential resources for Rutgers dwarf almost every other team in America. The broadest measure of population puts the New York metropolitan area at over 23 million people with an economy second only to Tokyo ($1.7 trillion in 2019, it would be 10th largest in the world and the size of the entire country of Russia), on track to eventually be the largest metro economy in the world because it's growing faster than Tokyo. Should Rutgers become successful and competitive, new and bandwagon fans and their checkbooks could put Rutgers right up there with anyone. You don't think those Wall Street guys and new tech millionaires love a winner and wouldn't write fat checks if Schiano can keep on pulling in great recruits and starts to win? Writers from middle America can be dismissive all they want.
 
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