Rutgers’ Pat Hobbs, Steve Pikiell, Greg Schiano, C. Vivian Stringer take pay cuts amid coronavirus

[Tango Two]

Rutgers’ athletics director and its three highest-paid coaches will take 10% pay reductions over the next four months as the university struggles with the economic impact of COVID-19 and an anticipated $200 million shortfall for the 2020 fiscal year.


https://www.nj.com/rutgersfootball/...-take-pay-cuts-amid-coronavirus-pandemic.html

 

[RocktheRac]

I guess they should since Rutgers took the 54 million in bailout money. Good for them though.

 

[Caliknight]

These schools taking bailouts who are sitting on billions in endowments should be ashamed.

 

[rufeelinit]

I have been waiting for this and glad to see it happen. Very appropriate under the circumstances.

 

[Local Shill]

Greg’s paycut is a $133,333 (1/3 * $4M * 1/10) More of a symbolic gesture when talking a possible $200M deficit.

 

[sct1111]

Biggest issue is the halting of construction. New football facility? Gonna be tough. So will be RAC renovations.

 

[hoquat63]

These schools taking bailouts who are sitting on billions in endowments should be ashamed.

I read that at least two of the Ivies are turning down the money.