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RU Deficit

The sheriff's officers act as nothing more than very highly paid crossing guards. Stop the nonsense, Al. It's absurd to have that many different agencies at football games. It's one public agency scratching the back of another public agency.
Actually, if Rutgers determines that according to whatever guidelines they use, they need a certain number of police officers (e.g., 100, 200 or 300), it is general emergency services practice to not have a couple/few agencies meet that requirement. You can't deplete all the local police forces (Piscataway, New Brunswick, Highland Park) to stand around and watch a football game.
 
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Time for Greg and other B1G coaches to ask for another raise! The AD lemmings will circle the wagons and pony up more money because they "have to".

@NickRU714 -waddya think, Greg "needs" or "should have" another $2 mil per year?
 
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The sheriff's officers act as nothing more than very highly paid crossing guards. Stop the nonsense, Al. It's absurd to have that many different agencies at football games. It's one public agency scratching the back of another public agency.
These crossing guards help keep the peace, and ensure quick response for any issues that might arise.

There are likely sophisticated models created to determine the needed security, based on the area that has to be covered, for our events. I wouldn’t be surprised if the Feds/Homeland security provide recommendations as to personnel.

These assets are only needed temporarily, which is why different agencies are involved.

We are better off having too much security than too little.
 
The sheriff's officers act as nothing more than very highly paid crossing guards. Stop the nonsense, Al. It's absurd to have that many different agencies at football games. It's one public agency scratching the back of another public agency.
Which is a good move. Remember where they used to be? I’d like to think some of us had a part in that particular shift of resources.
Actually, if Rutgers determines that according to whatever guidelines they use, they need a certain number of police officers (e.g., 100, 200 or 300), it is general emergency services practice to not have a couple/few agencies meet that requirement. You can't deplete all the local police forces (Piscataway, New Brunswick, Highland Park) to stand around and watch a football game.
As mentioned this is done because of what was said earlier…there is not enough on hand (in Rutgers opinion) on their own to do what they feel needs to be done on gameday. But there can be some issues if anything were to happen, God forbid, when you have so many different groups (and types) interfacing.
These crossing guards help keep the peace, and ensure quick response for any issues that might arise.

There are likely sophisticated models created to determine the needed security, based on the area that has to be covered, for our events. I wouldn’t be surprised if the Feds/Homeland security provide recommendations as to personnel.

These assets are only needed temporarily, which is why different agencies are involved.

We are better off having too much security than too little.
I know for a fact they haven’t asked some more regional agencies that are the best at it. I do know the NJSP did ask one of those agencies to help them for an event at MetLife.

And again, while we all love Alma Mater, there is nothing special here. We do not have a bigger bullseye on us than anyone else.
 
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When you get the financials of our "peers" who are not Ohio State, Michigan, Penn State and other schools that have much larger stadiums and fanbases that contribute to the $$$ into the Athletics department, share them, and then we can talk.

Spend within our means. The extra spending didn't do shit. It's a dumb game. There are more important things going on in the university that need $$$.
"In 2020, we won 3 games. In 2024, we won 7 games, a 133% increase, so the extra spending is generating results. We are literally paying for success."

You sighted adding 15+ positions to non-football staffs and this guy comes back to discuss us winning some football games. Using singular decimal math to justify absolute dollar growth.."hey we won 2 games vs 1 last year. That's a 50% growth rate. So let's spend an extra $20 million because that's only 10% more" brilliant spin.

What "value-added" did those extra wins deliver ? I know he loves to make up his own "value-proposition" speeches but exactly what is the ROI?

Did we need the extra $ to get the wins? Was the schedule a factor? Was the player development a factor? Playing seniors vs. Frosh/Sophs? Finding a better QB for less $ than the one we paid big NIL for? Etc.

I totally get RU needing to spend good $ to compete. AND if the University as a whole is solvent and wants to go this route ok. But reading this guy's posts and thinking of him as a leader would be reckless and I wouldn't trust him with a penny of my money.
 
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These crossing guards help keep the peace, and ensure quick response for any issues that might arise.
Don't mind the extra security at all but just to be clear as crossing guards they suck . Ask anyone trying to get in or out of the blue lot.

Extra security makes total sense at the entrance to or within the stadium (vs. the jr,. kids on the RU police force managing inflow). THAT'S where the potential issue is. Stopping something from happening vs. being there To react is a terrible plan.

But then again I know. You don't really care much about the efficient and effective use of money and resources. Just matching those of others.
 
Don't mind the extra security at all but just to be clear as crossing guards they suck . Ask anyone trying to get in or out of the blue lot.

Extra security makes total sense at the entrance to or within the stadium (vs. the jr,. kids on the RU police force managing inflow). THAT'S where the potential issue is. *Stopping something from happening vs. being there To react is a terrible plan.
That’s true. As they’re really not good at it either.

* You can try to do both but as the Secret Service told us, if they really want to get you…it is tough to stop.
 
Which is a good move. Remember where they used to be? I’d like to think some of us had a part in that particular shift of resources.

As mentioned this is done because of what was said earlier…there is not enough on hand (in Rutgers opinion) on their own to do what they feel needs to be done on gameday. But there can be some issues if anything were to happen, God forbid, when you have so many different groups (and types) interfacing.

I know for a fact they haven’t asked some more regional agencies that are the best at it. I do know the NJSP did ask one of those agencies to help them for an event at MetLife.

And again, while we all love Alma Mater, there is nothing special here. We do not have a bigger bullseye on us than anyone else.
They work with the SP and Homeland Security, which is good enough. Point is, everything is planned, they don't just arbitrarily set staffing levels.

The New Jersey State Police conducted a high-visibility security operation in the Rutgers University area on Thursday, ahead of the school’s homecoming game this weekend. The effort involved multiple units, including the Target Hardening Unit, Tactical Patrol Units from Troops “D” and “C,” the Outreach Unit, Commercial Vehicle Inspection Unit, and the Mounted Unit.

While no specific threats have been identified, the Homeland Security Initiative is part of the state police’s ongoing commitment to ensuring the safety of the community during large events. The operation is a proactive measure to create a secure environment for students, residents, and attendees.

Authorities reminded the public to stay vigilant and report any suspicious activity, emphasizing the importance of community cooperation in maintaining safety.

 
Which is a good move. Remember where they used to be? I’d like to think some of us had a part in that particular shift of resources.

As mentioned this is done because of what was said earlier…there is not enough on hand (in Rutgers opinion) on their own to do what they feel needs to be done on gameday. But there can be some issues if anything were to happen, God forbid, when you have so many different groups (and types) interfacing.

I know for a fact they haven’t asked some more regional agencies that are the best at it. I do know the NJSP did ask one of those agencies to help them for an event at MetLife.

And again, while we all love Alma Mater, there is nothing special here. We do not have a bigger bullseye on us than anyone else.
I think a terror attack is more likely here in Jersey because of the location and ethnic groups. You sure as hell won't find someone performing a terror attack at the WVU.
 
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Don't mind the extra security at all but just to be clear as crossing guards they suck . Ask anyone trying to get in or out of the blue lot.

Extra security makes total sense at the entrance to or within the stadium (vs. the jr,. kids on the RU police force managing inflow). THAT'S where the potential issue is. Stopping something from happening vs. being there To react is a terrible plan.

But then again I know. You don't really care much about the efficient and effective use of money and resources. Just matching those of others.
I care about safety, which should be a #1 priority
 
This report is BS they are charging $7.9 million for football scholarships when there are only 85 players on scholarship that equals each scholarship is worth $92,941 according to this, they also charge the out of state rate for all scholarships regardless of where the athlete is from adding to the cost to the Athletic Dept.
 
We’re not cutting non revenue sports due to Title IX requirements. The University is profitable as a whole, and we will always lose money on the Athletic department.
Rutgers University is not profitable.

Rutgers chief financial office Michael Gower stated in the most recent annual financial report: "The university closed the year with a deficit in operations and anticipates an operating deficit of $81 million for fiscal year 2025."

According the the president search document: "Rutgers’ operating deficit has increased—driven, in part, by enrollment declines at select campus locations*, the financial demands of a shifting athletic landscape, and inflationary costs of goods and services, to mention a few."

The next president will be expected to implement a recently adopted financial policy. The policy states the university should run an operating margin 5%. On my rough math, that requires $300 to $400 million of cost reductions, new revenues, or a combination of both.

* Rutgers Camden's enrollment is in free fall.
 
Rutgers University is not profitable.

Rutgers chief financial office Michael Gower stated in the most recent annual financial report: "The university closed the year with a deficit in operations and anticipates an operating deficit of $81 million for fiscal year 2025."

According the the president search document: "Rutgers’ operating deficit has increased—driven, in part, by enrollment declines at select campus locations*, the financial demands of a shifting athletic landscape, and inflationary costs of goods and services, to mention a few."

The next president will be expected to implement a recently adopted financial policy. The policy states the university should run an operating margin 5%. On my rough math, that requires $300 to $400 million of cost reductions, new revenues, or a combination of both.

* Rutgers Camden's enrollment is in free fall.
When you include non operating income, Rutgers is profitable. It’s says so on the financial statements.
 
Rutgers University is not profitable.

Rutgers chief financial office Michael Gower stated in the most recent annual financial report: "The university closed the year with a deficit in operations and anticipates an operating deficit of $81 million for fiscal year 2025."

According the the president search document: "Rutgers’ operating deficit has increased—driven, in part, by enrollment declines at select campus locations*, the financial demands of a shifting athletic landscape, and inflationary costs of goods and services, to mention a few."

The next president will be expected to implement a recently adopted financial policy. The policy states the university should run an operating margin 5%. On my rough math, that requires $300 to $400 million of cost reductions, new revenues, or a combination of both.

* Rutgers Camden's enrollment is in free fall.
Time to jettison RU Camden
 
This report is BS they are charging $7.9 million for football scholarships when there are only 85 players on scholarship that equals each scholarship is worth $92,941 according to this, they also charge the out of state rate for all scholarships regardless of where the athlete is from adding to the cost to the Athletic Dept.
Where is the report showing $7.9 million and 85 football scholarships?

The report I'm looking at, the 2023 NCAA financial report posted on Rutgers website, shows $5.1 million (tuition, housing, food plans, summer school) and 111 football scholarships (85 + medically retired + exhausted eligibility).

Rutgers does not charge out-of-state for all scholarships. In-state and out-of-state are broken out. The amounts are $32,000 for in-state and $51,000 for out-of-state per full scholarship athletes.
 
Time to jettison RU Camden

The "Baby Bust" generation is just starting to negatively impact all schools and colleges and will get worse with time.

No matter how much the tuition paying student body falls at RU Camden closing the Camden Branch would set off a fire storm of protests.

The South New Jersey residents and Community would object loudly because of the devastating financial impact it will have on Camden and surrounding communities. The South New Jersey politicians will not sit by and let this happen.

New Jersey Print and TV reporters will explore Rutgers loses (including Athletic Dept.) with a fine tooth comb to make the public more aware and the negative publicity would be hard to take.

More discussions about these matters will be posted on the Rutgers Board for further debate in the future.

HAIL TO PITT!!!!
 
The "Baby Bust" generation is just starting to negatively impact all schools and colleges and will get worse with time.

No matter how much the tuition paying student body falls at RU Camden closing the Camden Branch would set off a fire storm of protests.

The South New Jersey residents and Community would object loudly because of the devastating financial impact it will have on Camden and surrounding communities. The South New Jersey politicians will not sit by and let this happen.

New Jersey Print and TV reporters will explore Rutgers loses (including Athletic Dept.) with a fine tooth comb to make the public more aware and the negative publicity would be hard to take.

More discussions about these matters will be posted on the Rutgers Board for further debate in the future.

HAIL TO PITT!!!!
He didn’t say close, just remove the connection to Rutgers. If those people and NJ still want it, they can keep it.

And you even helped with the new name.🙂
 
They work with the SP and Homeland Security, which is good enough. Point is, everything is planned, they don't just arbitrarily set staffing levels.

The New Jersey State Police conducted a high-visibility security operation in the Rutgers University area on Thursday, ahead of the school’s homecoming game this weekend. The effort involved multiple units, including the Target Hardening Unit, Tactical Patrol Units from Troops “D” and “C,” the Outreach Unit, Commercial Vehicle Inspection Unit, and the Mounted Unit.

While no specific threats have been identified, the Homeland Security Initiative is part of the state police’s ongoing commitment to ensuring the safety of the community during large events. The operation is a proactive measure to create a secure environment for students, residents, and attendees.

Authorities reminded the public to stay vigilant and report any suspicious activity, emphasizing the importance of community cooperation in maintaining safety.
Nothing wrong with this and it's what should be happening. Good move. But not who I was inferring.

I just find it interesting the same agency can do this for every Giant and Jet game (16 regular season and 4 preseason) with a more higher profile target, more people in attendance (~2x) but equal to or less over all manpower than a Rutgers game.

Of course safety is paramount, as it should always be, but to say Rutgers is more high profile than the above-mentioned MetLife, the US Tennis Open, NYE in Times Square, the NYC Marathon or even the equivalent is something.
 
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When you include non operating income, Rutgers is profitable. It’s says so on the financial statements.
Non operating like including the market value gain of the endowment should not be considered profit and therefore they do operate at a loss. They can’t use the gain to fund operations and it’s also highly volatile. There is a reason there is an operating income line item.
 
Nothing wrong with this and it's what should be happening. Good move. But not who I was inferring.

I just find it interesting the same agency can do this for every Giant and Jet game (16 regular season and 4 preseason) with a more higher profile target, more people in attendance (~2x) but equal to or less over all manpower than a Rutgers game.

Of course safety is paramount, as it should always be, but to say Rutgers is more high profile than the above-mentioned MetLife, the US Tennis Open, NYE in Times Square, the NYC Marathon or even the equivalent is something.
The first bomb-maker of the World Trade Center (1993) was an engineer student from Rutgers. A university is the perfect recruiting ground for young and easily influenced minds, plus a softer target to hit than bigger events. The attack would still receive intense media coverage because of the location when compared to middle America. Bottom line, an attack anywhere would be terrible and sickening for any American.
 
Non operating like including the market value gain of the endowment should not be considered profit and therefore they do operate at a loss. They can’t use the gain to fund operations and it’s also highly volatile. There is a reason there is an operating income line item.

As a 501c3 Non Profit institution, Rutgers exists to primarily educate the citizenry of New Jersey, not to turn a profit. So going in, we know that Rutgers operations will never be profitable because it relies on state subsidies, which are not considered operating income.

Regular Corporations do not use non operating income to fund operations, but state universities are an exception, because state universities use state support, which is also volatile, to fund operations. Private University Princeton uses earnings from its endowment to fund 2/3 of its operating revenue. I’m sure Rutgers does something similar with its investment income as well.


Considering non operating income provides a holistic view of Rutgers Financial Health.
 
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Nothing wrong with this and it's what should be happening. Good move. But not who I was inferring.

I just find it interesting the same agency can do this for every Giant and Jet game (16 regular season and 4 preseason) with a more higher profile target, more people in attendance (~2x) but equal to or less over all manpower than a Rutgers game.

Of course safety is paramount, as it should always be, but to say Rutgers is more high profile than the above-mentioned MetLife, the US Tennis Open, NYE in Times Square, the NYC Marathon or even the equivalent is something.
Rutgers Football Games are not more high profile than the aforementioned, but the events have similar risks. I would hazard a guess that the same state agency doesn’t have the manpower to also provide security for Rutgers events, so using resources from various Sheriffs Offices, is the workaround, that someone came up with decades ago. And it’s not like we can replace sheriffs officers with Acme Security Company because officers have to have the power to make arrests where warranted.
 
Rutgers Football Games are not more high profile than the aforementioned, but the events have similar risks. I would hazard a guess that the same state agency doesn’t have the manpower to also provide security for Rutgers events, so using resources from various Sheriffs Offices, is the workaround, that someone came up with decades ago. And it’s not like we can replace sheriffs officers with Acme Security Company because officers have to have the power to make arrests where warranted.
Agree on the bolded. You have to have real guys for at least the illusion.

I’ve mentioned before, because of their actual job, they are the biggest manpower pool Rutgers can go to. They are not going away. But I think we’re all glad they have been moved to more of a traffic detail and less dealing with the public.
 
We don't have a deficit. That $70M is marketing and promotional spend, and facility costs. Was the engineering department charged for facility upgrades and maintenance?
 
The first bomb-maker of the World Trade Center (1993) was an engineer student from Rutgers. A university is the perfect recruiting ground for young and easily influenced minds, plus a softer target to hit than bigger events. The attack would still receive intense media coverage because of the location when compared to middle America. Bottom line, an attack anywhere would be terrible and sickening for any American.
While in college and for some time after I worked at the Price Club (now Costco) in on Rte 27 in Edison. If I only bought Price Club stock then...🙁

Anyway, one of the ringleaders from 1993 used to shop there all the time. Enough so that we got to kinda know each other over time.

Imagine just those few years later their friends tried to finish the job...along with me and my guys too.
 
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We don't have a deficit. That $70M is marketing and promotional spend, and facility costs. Was the engineering department charged for facility upgrades and maintenance?
Yes, the school of engineering is charged $41,318,000 in this year's budget.

Athletics is charged $2,751,000.
 
As a 501c3 Non Profit institution, Rutgers exists to primarily educate the citizenry of New Jersey, not to turn a profit. So going in, we know that Rutgers operations will never be profitable because it relies on state subsidies, which are not considered operating income.

Regular Corporations do not use non operating income to fund operations, but state universities are an exception, because state universities use state support, which is also volatile, to fund operations. Private University Princeton uses earnings from its endowment to fund 2/3 of its operating revenue. I’m sure Rutgers does something similar with its investment income as well.


Considering non operating income provides a holistic view of Rutgers Financial Health.
I understand this and agree. That’s kind of the point and why this treating Rutgers like a business that should pay players beyond its core mission is stupid. I was just correcting you including non operating income inclusion in the formula.
 
I understand this and agree. That’s kind of the point and why this treating Rutgers like a business that should pay players beyond its core mission is stupid. I was just correcting you including non operating income inclusion in the formula.
I was merely parroting what Rutgers shows on their financials. Profitability may have been used incorrectly. What Rutgers says on its Financials is increase in Net Position.

 
Where is the report showing $7.9 million and 85 football scholarships?

The report I'm looking at, the 2023 NCAA financial report posted on Rutgers website, shows $5.1 million (tuition, housing, food plans, summer school) and 111 football scholarships (85 + medically retired + exhausted eligibility).

Rutgers does not charge out-of-state for all scholarships. In-state and out-of-state are broken out. The amounts are $32,000 for in-state and $51,000 for out-of-state per full scholarship athletes.
Following up on this. Could you point us to the report you cited?
 
I was merely parroting what Rutgers shows on their financials. Profitability may have been used incorrectly. What Rutgers says on its Financials is increase in Net Position.

Correct and it could reverse next year. Correct to look at the operating income line to get a better sense. They shouldn’t necessarily be profitable but of course they would prefer to break even or run a slight profit. The main point is nearly all colleges and ADs lost money or make no profit. Counter to everyone saying “look at all the money they are making”
 
Correct and it could reverse next year. Correct to look at the operating income line to get a better sense. They shouldn’t necessarily be profitable but of course they would prefer to break even or run a slight profit. The main point is nearly all colleges and ADs lost money or make no profit. Counter to everyone saying “look at all the money they are making”

pmvon, I agree with all your points.

Some info from Rutgers conference:

In 2023, 12 of 16 B1G athletic departments earned operating profits. This includes operating revenue and expense numbers from Washington, Oregon, and UCLA, who were in the PAC 12 at the time.

Excluding these 3, 10 of 13 made operating profits.

Northwestern and USC aren't included in above numbers because only public schools need to disclose the data.
 
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NJ.com

Last year will be 70 million and this is before paying athletes 22 million.

Look at all the money schools are making off these kids.
Even OSU has a deficit:

“Ohio State’s athletic department reported an operating deficit of nearly $38 million during the most recent fiscal year, according to an annual financial statement submitted to the NCAA.

The athletic department spent a record $292.7 million from July 1, 2023, to June 30, 2024, while it also saw a dip in overall revenue.

It brought in $254.9 million in total operating revenues over the period, a decline of $24.6 million from the previous fiscal year, contributing to the budget shortfall.”



GO RU
 
Not a surprise. “Needs” tend to rise to meet the available resources, and then some.

Get married, make money, and then you will know what I mean.

To be sure, # of home football games drives the income statement for some colleges.
 
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Interesting article on student fees:

About twenty large universities, such as Penn State and the University of Alabama, have successful football teams that generate enough profit to pay for all the men’s and women’s sports programs. The intercollegiate athletic programs of more than one thousand other schools lose money and need to be subsidized, usually by mandatory fees charged to all students, whether they are participants, spectators, or indifferent to sports.

At the University of Virginia, with 16,000 students, the mandatory intercollegiate athletic fee is $720 per year, and at Virginia Tech, where there are 28,000 students, the mandatory fee is $384.

The College of William and Mary does not have a lucrative football program and has less than 9,000 students. The mandatory fee is $2,177. The school contributes another $250 per FTE student as well. That comes to almost $10,000 per student over four years just for small-time intercollegiate sports.

 
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