"P5" conference distribution per school amounts

[CL82]

How the heck can Rutgers be running up a $70.6 million deficits if they make $61.5 million in conference distributions annually? Note that that $70.6 million deficit. So somehow their athletic program is $70.6 million in the hole, after getting $61.5 million a year in conference distributions alone, plus their share of college football playoff revenue of about 10 million, never mind, ticket, sales, sale of merchandising, rights, etc.

Rutgers’ athletics deficit topped $70M again in 2023-24. But it still wasn’t a record.

Rutgers spent an all-time record to support its athletics teams during the 2023-24 school year.

www.nj.com

 

[JTSHU]

THey were short 42M in 2024. Covids been long over

 

[CL82]

THey were short 42M in 2024. Covids been long over

$42 million plus institutional support of $28.6 million equals $70.6 million in the red.

 

[SHUisNJsTeam]

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How the heck can Rutgers be running up a $70.6 million deficits if they make $61.5 million in conference distributions annually? Note that that $70.6 million deficit. So somehow their athletic program is $70.6 million in the hole, after getting $61.5 million a year in conference distributions alone, plus their share of college football playoff revenue of about 10 million, never mind, ticket, sales, sale of merchandising, rights, etc.

Rutgers’ athletics deficit topped $70M again in 2023-24. But it still wasn’t a record.

Rutgers spent an all-time record to support its athletics teams during the 2023-24 school year.

www.nj.com

They know how to waste money better than anyone! They should not be in the Little 10 or Division I.

 

[The_Hall]

a Lawyer on WIP was favorable of Big East saying rev share is unique as theyre only sending to basketball and youll see big east teams spending upwards of $12/13 million (and some teams still at $2m)

 

[Fishjam]

Biggest line item is $68 Million paid for Coaching ($38.5) & Support Staff / Admins ($29.5) Salaries & Bonuses.

 

[SPK145]

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How the heck can Rutgers be running up a $70.6 million deficits if they make $61.5 million in conference distributions annually? Note that that $70.6 million deficit. So somehow their athletic program is $70.6 million in the hole, after getting $61.5 million a year in conference distributions alone, plus their share of college football playoff revenue of about 10 million, never mind, ticket, sales, sale of merchandising, rights, etc.

The $61.5 million conference payout includes their share of the CFP payout.

Still boggles the mind.