OT: Should (Could) RU Ask For More $ Up Front From B1G Now?

[RutgersMO]

We're not competitive in B-ball due to variety of reasons. Besides the fact that 1/3 of the team has been on the IR list, Corey Sanders (our best player is currently finishing his 4 game suspension for unnamed reasons)-our facilities our outdated and just don't allow us to compete with any of the B1G. We're ranked 301 the lowest of any Div. 1 power 5 school ever?

So, why not ask Delaney to speed up the schedule for vesting in the B1G so we can improve the product, and they can spread out some of the cash flow by reducing our shares on the back end (e.g. we still get the same amount of money, just quicker...when we need it).

IMO this also applies to additions or fine tuning (e.g. expanding the seating; weight room etc.) to the football facilities as well.


Thoughts?

MO

 

[jay_hq]

is this a serious post?

its not happening.

 

[Raritan83]

My thoughts are this has been discussed multiple times and articles have been written on it.

Answer is not happening.

 

[RutgersMO]

is this a serious post?

its not happening.

R U following the basketball team?

I think it's in the best interest of the B1G / Rutgers to get things in gear NOW.

MO

 

[GoodOl'Rutgers]

No schools would support this.

What the conference members have now is a weak Rutgers in a strong state for recruits. Every other conference mate can recruit and talk about how the recruits will return to their home state when they play Rutgers. A stronger Rutgers does nothing for them... and you'd ask they they pay to help make us stronger.

About the only avenue for an argument would be if the Rutgers addition proved to be much more beneficial than expected in TV revenues to BTN. We are not adding any bowl revenue or NCAA Tourney revenue... so you'd have to consider that as well.

 

[RutgersMO]

No schools would support this.

What the conference members have now is a weak Rutgers in a strong state for recruits. Every other conference mate can recruit and talk about how the recruits will return to their home state when they play Rutgers. A stronger Rutgers does nothing for them... and you'd ask they they pay to help make us stronger.

About the only avenue for an argument would be if the Rutgers addition proved to be much more beneficial than expected in TV revenues to BTN. We are not adding any bowl revenue or NCAA Tourney revenue... so you'd have to consider that as well.[/QUOTE)


Well I can DREAM :zzz: while our basketball team drops deeper into the hole.

MO

 

[koleszar]

Herman already tried this al la Maryland. However as Delaney sat through a rain delay during an RU women's volleyball game he refuted our overtures. Basically saying you have a contract now go find the money yourselves. I know Maryland was given the money to help entice them by helping pay for their buyout, but why were we shut out by only receiving what we would in the Big East. They are fully aware of our finances. Now with the B1G giving that money to Maryland and their new found benefactor in UA they are flush with cash where they were once in worse shape then us.
It really sucks for us right now and no they didn't want Maryland more than us if that's what your thinking. We had been courted years before the invite, we were always on the B1G's radar. Delany wanted both so he could lock up the N.E. corridor in one fell swoop before anybody realized what he was doing. Maryland has really been given a great helping hand from the B1G from the jump and that's when it really matters to get things going. Not 5 years from now when the hole maybe too deep to ever climb out of.

 

[RUSONIC]

Listen, our facilities are not great but there is only one reason we are this bad and his name is Eddie Jordan. If we were a 500 team then the facilities argument comes in on why we cannot get to the next level.

 

[_dave_]

The phase in period is Rutgers buying a share of the Big Ten Network. When fully vested, RU will own 1/14th of 49% of it. Fox owns 51%. That's a ton of money. The other universities wouldn't just give up a chunk without getting something in return. Hence, the 6 years of partial payments.

Maryland will have the same amount that they will give up, but their payments were front loaded because otherwise there wouldn't have been a way for them to leave the ACC. Obviously, there was very little holding Rutgers from leaving the Big East/AAC/EIWA/whatever other conferences other teams were in.

 

[RUwoz]

Listen, our facilities are not great but there is only one reason we are this bad and his name is Eddie Jordan. If we were a 500 team then the facilities argument comes in on why we cannot get to the next level.

+1000000, facilities is not the reason we suck at basketball

 

[vkj91]

Mo,
You should call Hobbs. Maybe RU hasn't thought about asking for more money? While you have him on the phone you should suggest wealthy alumni he hasn't thought of. Like the Home Depot guy......

 

[Scarlet16E]

Why do you want to borrow from the conference?
They have banks for that sort of thing. Not to mention the bond markets.

 

[RutgersRaRa]

MO, in addition to the info already posted, I'll chime in with this: Julie asked Delany many times, in many different way, to restructure the payouts to RU, and as another poster said, Delany said he can't/won't do it. It's a harsh learning curve for us, but we have to learn as an institution, from the President on down (and as high as the Governor and state legislature), to raise money. This will require that the powers that be invest more time into raising funds and looking upon athletics more favorably, rather than ignoring them like one of many dogs just roaming the property.

 

[RU_DIO]

MO, in addition to the info already posted, I'll chime in with this: Julie asked Delany many times, in many different way, to restructure the payouts to RU, and as another poster said, Delany said he can't/won't do it. It's a harsh learning curve for us, but we have to learn as an institution, from the President on down (and as high as the Governor and state legislature), to raise money. This will require that the powers that be invest more time into raising funds and looking upon athletics more favorably, rather than ignoring them like one of many dogs just roaming the property.

If RU wanted to borrow the money, they should be able to. Loans are so cheap nowadays.

 

[RUJohnny99]

Why is it whenever a sport sucks because it has a failure of a coach, the first thought of Rutgers fans is to hit up Daddy Warbucks for more money?

 

[Abro1975]

I just tweeted Don Trump to mail me a check.

 

[REDRICH65]

Right. Every time a Rutgers sport sucks, the answer is always money/facilities. When it comes to men's BB, that's BS. The women have played there for years with much better results. Most of the OOC teams we lose to have facilities equal to/ worse than ours. There is NO excuse for being this bad, this long.

 

[RutgersRaRa]

I just tweeted Don Trump to mail me a check.

 

[RutgersMO]

MO, in addition to the info already posted, I'll chime in with this: Julie asked Delany many times, in many different way, to restructure the payouts to RU, and as another poster said, Delany said he can't/won't do it. It's a harsh learning curve for us, but we have to learn as an institution, from the President on down (and as high as the Governor and state legislature), to raise money. This will require that the powers that be invest more time into raising funds and looking upon athletics more favorably, rather than ignoring them like one of many dogs just roaming the property.

Thanks for a straight forward answer....

Appreciate it.....but don't appreciate the truth tho!

MO

 

[RutgersMO]

Mo,
You should call Hobbs. Maybe RU hasn't thought about asking for more money? While you have him on the phone you should suggest wealthy alumni he hasn't thought of. Like the Home Depot guy......

Home repairs....no future.

MO[smoke]

 

[jabba2]

Herman already tried this al la Maryland. However as Delaney sat through a rain delay during an RU women's volleyball game he refuted our overtures. Basically saying you have a contract now go find the money yourselves. I know Maryland was given the money to help entice them by helping pay for their buyout, but why were we shut out by only receiving what we would in the Big East. They are fully aware of our finances. Now with the B1G giving that money to Maryland and their new found benefactor in UA they are flush with cash where they were once in worse shape then us.
It really sucks for us right now and no they didn't want Maryland more than us if that's what your thinking. We had been courted years before the invite, we were always on the B1G's radar. Delany wanted both so he could lock up the N.E. corridor in one fell swoop before anybody realized what he was doing. Maryland has really been given a great helping hand from the B1G from the jump and that's when it really matters to get things going. Not 5 years from now when the hole maybe too deep to ever climb out of.

Thats because one school had a much better bargaining position than the other school. Rutgers has potential because of its recruiting grounds. It also depends what you mean by hole. Basketball can improve swiftly with a good recruit or two. ;'

 

[Doctor Worm]

We should all be happy that the B1G made certain concessions to Maryland. Unlike us, Maryland had a perfectly acceptable home, which a lot of members of their community did not want to leave.They needed to be wooed. And if they had said no, we don't get invited.

 

[RutgersRaRa]

We should all be happy that the B1G made certain concessions to Maryland. Unlike us, Maryland had a perfectly acceptable home, which a lot of members of their community did not want to leave.They needed to be wooed. And if they had said no, we don't get invited.

 

[koleszar]

Thats because one school had a much better bargaining position than the other school. Rutgers has potential because of its recruiting grounds. It also depends what you mean by hole. Basketball can improve swiftly with a good recruit or two. ;'

Well I did say that Maryland was given the money to help entice them by helping pay for their buyout so I fully understand they had a better bargaining position then we did. However, Maryland did not want to stay in the ACC they knew they could never fund sports fully in that conference. So it was not a perfectly suitable home for them from a money stand point. The ACC chump change is no where near what the B1G's honey pot will eventually be after TV negotiations and they knew the projections. Thus why their leadership pushed for the move as fans were not contributing enough to offset their costs.

As far as hole well I'd say were pretty close to the bottom now and still without money to build anything except a new $1mil. weight room and $3mil baseball facility. So yeah I would say we could use all the money we could get our hands on now, not in 5 years. It would be much easier to get that recruit or two for a new coach with shovels in the ground instead of the latest rendition on paper. That friggin subsidy is still an albatross around RU athletics necks and although not mentioned lately, it will soon rear it's ugly head once again.

 

[Scarlet Jerry]

We will never be this bad again. Basketball should be easy to turn around, as someone said, because you only need two or three special players. Heck, we would be better if half our team was actually able to play. Penn State has great facilities, but they've struggled in basketball for years.

If the Big 10 was going to give $$$ it would have to go to making our facilities ready for Big 10 broadcasts. I remember reading that we had to upgrade our TV feed just so events could be broadcast in high def. It would make sense to spend Big 10 money on that because it directly affects their ability to do live broadcasts.

-Scarlet Jerry

 

[HoosierKnight]

The answer is no even if they would. We need to acclimate ourselves to the conference. Only then will we be in a position to spend the money wisely. And it will only be sweeter when we start rolling in the bucks as Maryland wastes their dollars and their budget shrinks. It almost guarantees that when the money does roll in, that we will build new facilities and really know what we need.

 

[srru86]

If RU wanted to borrow the money, they should be able to. Loans are so cheap nowadays.

The prior regime was told no more borrowing for capital projects, fundraise or wait for B1G revenue. Can Hobbs get that edict reversed? Don't know.

 

[PaKnight]

The prior regime was told no more borrowing for capital projects, fundraise or wait for B1G revenue. Can Hobbs get that edict reversed? Don't know.

Seems like he is focused on fundraising.

 

[srru86]

The answer is no even if they would.

Agreed. Not the thing to spend political capital on. We need a little patience, the gravy train might not be in the station, but it's coming soon.