Rutgers No Longer Leads the Nation

[OTBOTOR]

When it comes to Athletics subsidy. With a $23MM subsidy, RU ranks #17 among Div 1 universities. RU ranks #1 among the P5, however. The increasing B1G payout is undoubtedly helping us here, and the future should be brighter still.

More: http://sports.usatoday.com/ncaa/finances/

 

[pmvon]

No not yet but it will. One time expenses drive the 40 plus mm in the last report. You also have to adjust for differences in calculations.

 

[Ataylor1989x]

why the heck is JMU spending that kind of money???? That's crazy.

They only have two games they even need to take a flight to....
http://jmusports.com/schedule.aspx?path=football

 

[OTBOTOR]

why the heck is JMU spending that kind of money???? That's crazy.

They only have two games they even need to take a flight to....
http://jmusports.com/schedule.aspx?path=football

Their 500-member band is in the athletics budget, and they have a lot of debt service for their stadium expansion and Olympic sports facilities showing up there too. But I agree it's dumb to spend that kind of money if you're only getting CAA revenue.

 

[AreYouNUTS]

JMU -500
RU - 150

Too funny.

 

[srru86]

why the heck is JMU spending that kind of money?

Their president spent time at Michigan and Rutgers so he knows something about the importance of athletics to a university.

 

[RU4Real]

That 16 non-P5 schools have a larger subsidy than the most subsidized P5 school tells anyone with a brain everything they need to know about financing collegiate athletics.

It's expensive. The schools who don't have marquis, money-making programs within their athletic departments will spend, on average, more money out of pocket than those that do.

 

[demauroj]

Or how about the fact that NJIT's Athletics Programs are 91% subsidized.

In terms of Rutgers they only subsidize at about 30% whoch at the end of the day is pretty damn good.

 

[RUSK97]

What the heck is Jurich doing at UL? They went from CUSA a decade or so ago to over 100 million in revenue and a decidedly P5 subsidy. They too were getting BE revenue.

 

[MozRU]

No way this last's. These smaller schools in this this, being subsidized upwards of $20,000,000, will fail at some point.

With the tuition that way it is, it is absurd, actually. But I get it, lousy sports, prestige suffers. Spend to grow, only to spend more.

 

[MikeR0102]

What the heck is Jurich doing at UL? They went from CUSA a decade or so ago to over 100 million in revenue and a decidedly P5 subsidy. They too were getting BE revenue.

Having a 22,000 seat basketball arena and a premier basketball team cant hurt

 

[Wolv RU]

When it comes to Athletics subsidy. With a $23MM subsidy, RU ranks #17 among Div 1 universities. RU ranks #1 among the P5, however. The increasing B1G payout is undoubtedly helping us here, and the future should be brighter still.

More: http://sports.usatoday.com/ncaa/finances/

The actual expenditures by the school were $12.9 million. This is the lowest since at least 2004 (records only go back to 2005). This is a significant improvement from any recent year, and a big step in moving towards becoming more revenue neutral.