Rutgers officially out

[UConn Dan]

Also posted in football:
@McMurphyESPN: Rutgers will pay $11.5M exit fee to AAC. League sought $15M. UL got out for $11M

@NHRJimFuller: Rutgers and @American_FB finalize separation agreement, last obstacle before 2014 AAC football schedule can be announced

Look for UConn Rutgers football series to be announced soon

 

[Ha Who]

Also posted in football:
@McMurphyESPN: Rutgers will pay $11.5M exit fee to AAC. League sought $15M. UL got out for $11M

@NHRJimFuller: Rutgers and @American_FB finalize separation agreement, last obstacle before 2014 AAC football schedule can be announced

Look for UConn Rutgers football series to be announced soon

Good for them. Wish it was us.

 

[HuskyHawk]

I was totally bummed when I read this, hoping maybe the B1G had kicked them out already.

 

[DarthGrumpy]

In summary, the state of NJ (my freaking tax dollars) went to subsidize RU athletics to the tune of $47 million in 2012/13, which was a +50% increase and is equal to 60% of the Scarlet Knights total athletic budget. Included in this is the $2.2 million dollar buy-out of former basketball coach Rice. Nothing if the AAC buy-out is included either. Did not that ticket sales were $1.2 million lower. and donations were $3 million lower. The folks in Piscataway are hoping that the B1G's annual projected revenue of $200 million shows-up soon. Of course, since this is Jersey, I can think of a 100 ways how that money will disappear.

http://www.northjersey.com/news/edu...n_subsidies_to_athletic_program.html?page=all