This guy is amazing. Really makes me scratch my head with the shade the usual suspects here throw at him. Those who read this and still hate on the guy need to ask themselves why.
This guy is so good for us and we all should rally behind him and our beloved Rutgers
Full read here: https://www.rutgers.edu/president/2021-address-to-the-university-senate
Key parts below...BOOM!!!
The president also addressed athletics spending for the Division I program in New Brunswick, which accounts for 2.8% of the university budget, and expressed his support for the student-athletes, administrators and coaches, along with the benefits Rutgers derives from being in the Big Ten.
“Admittedly, athletics is expensive, but I have looked closely at athletics' budget, its operating practices, and its financial models. Despite recent assertions, the athletics budget has been managed appropriately and has had consistently clean audits,” Holloway said.
Noting he has said the current athletics financial situation is not sustainable, he said it reflects wider issues in college sports and he committed to finding a way “to restore a measure of balance into the equation.”
“At Rutgers, we will continue to fight to be competitive, we will not take shortcuts, and we will build a financial model that more accurately captures and explains the capital investment in athletics, the financial aid practices, and the revenue streams associated with certain sports,” Holloway said. “In the meantime, I will cheer on our athletes, joining tens of thousands of fans at SHI Stadium, thousands of fans at Yurcak Field and other venues around campus, and soon enough, thousands more at the RAC.”
This guy is so good for us and we all should rally behind him and our beloved Rutgers
Full read here: https://www.rutgers.edu/president/2021-address-to-the-university-senate
Key parts below...BOOM!!!
The president also addressed athletics spending for the Division I program in New Brunswick, which accounts for 2.8% of the university budget, and expressed his support for the student-athletes, administrators and coaches, along with the benefits Rutgers derives from being in the Big Ten.
“Admittedly, athletics is expensive, but I have looked closely at athletics' budget, its operating practices, and its financial models. Despite recent assertions, the athletics budget has been managed appropriately and has had consistently clean audits,” Holloway said.
Noting he has said the current athletics financial situation is not sustainable, he said it reflects wider issues in college sports and he committed to finding a way “to restore a measure of balance into the equation.”
“At Rutgers, we will continue to fight to be competitive, we will not take shortcuts, and we will build a financial model that more accurately captures and explains the capital investment in athletics, the financial aid practices, and the revenue streams associated with certain sports,” Holloway said. “In the meantime, I will cheer on our athletes, joining tens of thousands of fans at SHI Stadium, thousands of fans at Yurcak Field and other venues around campus, and soon enough, thousands more at the RAC.”
