Gannett NJ/North Jersey.Com With Another Hit Piece on Athletics Spending-Update 7/7--Another one!!!
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Some have said it’s backloaded and that’s the number they made a guesstimate on….the 100 VERY large.😎
You can put me in that initial group as I am one of those who thought it was going to be a little better.
Some of the numbers mentioned (don’t think we have a final one yet) I recall being similar to those WITHOUT USC and UCLA.
So when those two were added BEFORE the negotiations were done I thought it would be more.
But again, I don’t think there is a final number yet.
I'm still digesting the transition from 2023 and 2024 to 2025 and beyond when the escalator clause kicks in.
IMO, the latter part delivers in a B1G way.
Maybe that’s the part that includes the new kids on the block.
For anyone disappointed, this is worth reading from another thread, and I don't know why we are discussing this in this thread, but OK:
"The Big Ten is projected to eventually distribute $80 million to $100 million per year to each of its 16 members. According to USA Today, the league distributed $54.3 million to most of its members during the most recent fiscal year (2019-20) not impacted by the coronavirus pandemic."
Here's why we are discussing it here. That $450,000 in DoorDash orders (which was really a one-time phenomenon during the pandemic because food service was not available, and they were probably trying to minimize gathering contact), is 0.45% of what Rutgers will be making beginning in 2025 (before paying back the loan of $8 million).
Big Ten completes $7B deal with Fox, CBS, NBC
The Big Ten has completed a new seven-year media rights agreement with Fox, CBS and NBC that is set to bring in more than $7 billion to one of the nation's most powerful athletic conferences.
The $450k is ridiculous and shows no control at all levels. Works out to $5300 per player.For anyone disappointed, this is worth reading from another thread, and I don't know why we are discussing this in this thread, but OK:
"The Big Ten is projected to eventually distribute $80 million to $100 million per year to each of its 16 members. According to USA Today, the league distributed $54.3 million to most of its members during the most recent fiscal year (2019-20) not impacted by the coronavirus pandemic."
Here's why we are discussing it here. That $450,000 in DoorDash orders (which was really a one-time phenomenon during the pandemic because food service was not available, and they were probably trying to minimize gathering contact), is 0.45% of what Rutgers will be making beginning in 2025 (before paying back the loan of $8 million).
Big Ten completes $7B deal with Fox, CBS, NBC
The Big Ten has completed a new seven-year media rights agreement with Fox, CBS and NBC that is set to bring in more than $7 billion to one of the nation's most powerful athletic conferences.www.espn.com
Universities need to double down on their oversight. It is just human nature that as dollars come in more rapidly some people will get sloppy and self-indulgent with it.
Ok and how many meals a day do players need to eat and for how many days? Do the math.
Wait until you find out how much you spend on food each year.
True but they can get free unlimited food from the dining halls. Which are very good btw.
Think they were closed during COVID, which is why something like DoorDash was used.
Hell they’re still wearing masks and you don’t think during the height of Covid the dining halls weren’t closed to prevent mass gatherings? It’s a one time expenditure which is why the media jumped on it like vultures and left out the circumstances which caused it.
See e5fdny's response.
And they also probably wanted to limit contact between/among players.
IIRC, my kid got a refund on housing and "board" the meal plan. Not sure if the dining hall staff got laid off or paid during covid, but money was probably saved there.
Exactly. Problem solved!
Were the normal services available during the pandemic?
Ummmm. We are paying the bill as NJ taxpayers.
I am amongst the biggest RU Football fans out there but this is ridiculous. The public criticism is deserved.
BS
Nobody spends $5300 per person eating for 5-6 months.
If it was your own money ( or their own money for that matter) would be spending like that ? Big No.
No oversight…bad look all around.
Idk where you are coming up with your math but the article does it for you and it’s very reasonable.
Just more misleading news. Big swing and miss here.
CSS Rutgers Final Report (PDF) - Rutgers University Athletics
CSS Rutgers Final Report (PDF)
scarletknights.com
Page 15 has actual RU distributions versus the lesser amounts for paying back Big 10 loans. The report is four years old, so there may be updated values. I'm still boggled that RU received about $8.6 million in 2015, rising to $46 million in 2022 and projected to be $65 million in 2027. That 2027 figure will rise by (possibly) $25 million under the new deal and perhaps up to $100 million per year around 2030.
It was irresponsible not to manage the athletes’ expenses. Anyone should have anticipated that some students would attempt to abuse the privilege and the press would get the information. When the program was launched RU should have put in place a process to review all charges.
You really can't have threads complaining about Xanadon't/the American Nightmare Mall allegedly being an expensive waste of money and then defend the Athletic Department spending half a million on takeout. At the very least, players could've picked up food themselves even during the quarantine. Has anyone here had food delivered from these services?? For God's sake, a former housemate paid $50+ for a single pizza--from Domino's, yum!--about a mile away.
6 months is 180 days, and 2 meals per day (lunch and dinner) comes to 360 meals, at $14.72 per meal. That is not really expensive, considering tip and DoorDash charge (if there is/was one during the pandemic).
IDK about that. People had a range of issues to deal with during the pandemic, both work and family/personal. Looking at the above numbers/calculations, this is much ado about nothing. Those two investigative reporters have a track record of aggrandizing little things that seem a little bit off and making them look like some sort of grand conspiracy--see, for example, their investigation of charter schools.
At any company I ever worked for an employee’s boss or higher up had to approve every expenditure. And back office accountants and internal auditors performed reviews.
Athletes making “meal” purchases at Bed Bath and Beyond and the other such things should never have been approved. One or a handful of slip-ups can be excused but there were way too many. That points to lack of proper oversight and places a cloud of suspicion over the whole thing.
Rutgers Defends $450K Bill In DoorDash Deliveries For Football Team
Rutgers Defends $450K Bill In DoorDash Deliveries For Football Team
Rutgers started allowing football players to expense DoorDash deliveries in the pandemic, as players had to quarantine if they were exposed.
Lavish orders from Outback Restaurant’s and Red Lobster. Yep .. what typical college students eat
Players ordering from Restaurants in Florida. Yep… real responsible. LMAO
Texas’ romancing of Arch Manning shows how recruiting has gone absolutely batty
Schools like Texas are spending $280,000 on weekends to impress recruits like Arch Manning. As crazy as it sounds, it's money well spent.
www.naplesnews.com
