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Rutgers Boosts Athletic Subsidies to Nearly $50 Million

Rutgers Boosts Athletic Subsidies to Nearly $50 Million
February 25, 2014

Rutgers University, already the most prolific subsidizer of sports of all Division I public institutions, gave its athletics department nearly $47 million in 2012-13, USA Today reported, a 67.9 percent increase over the 2011-12 subsidy of $27.9 million. Rutgers athletics is $79 million in the red, but officials say that the university’s move to the Big Ten Conference will generate close to $200 million over its first 12 years as a member. The most recent subsidies make up 59.9 percent of the athletics department’s total allocations, and total more than the entire operating revenues at all but 53 of Division I’s 228 public sports programs.

 

 

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