Rutgers Expects $200 Million Windfall from B1G Move

October 3, 2013 at 10:05a    by DJ Byrnes    
19 Comments
The Rutgers Scarlet Knight

From NJ.com:

CAMDEN — Rutgers University expects to pull in at least an additional $200 million over 12 years by moving its athletic teams to the Big Ten conference, school officials said Wednesday.

The estimate was given to the Rutgers Board of Governors during a briefing on the state university’s costly move to the more prestigious conference. Rutgers is scheduled to move into the Big Ten next July 1.

“It’s a projection,” Greg Brown, head of the board’s athletics committee, said after the meeting in Camden. “What we’re saying is Rutgers is better off by about $200 million versus the status quo.”

Hopefully Rutgers can pay the B1G back by fielding respectable revenue-sports teams; although beating Bert was a good start. 


19 Comments

Comments

Earle's picture

Maybe they can use some of that coin to upgrade their mascot so it doesn't look like a cross between a Transformer and something from Monty Python and the Holy Grail.

Italics are for emphasis.

TMac's picture

Or go Full Monty......

Earle's picture

Meant to say Power Ranger.  I get my kids shows confused sometimes.

Italics are for emphasis.

Doc's picture

No! Please no!
 
Seriously the knight needs a makeover.  Looks like something my kids threw together in the basement.  "Look Dad, I'm a knight!"

"Say my name."

AndyVance's picture

That's Warren G. Harding kind of money right there...

Doc's picture

Great!  They'll blow it on crystal and Little Debbies

"Say my name."

BuckeyeinSavannah's picture

We talking old or new Harding?

I'm not a fan of the new building.

AndyVance's picture

The coke-dealing, football-betting former president, not the school...

mh277907's picture

They get $200 mil, OSU gets all of New Jersey's best recruits. I'm cool with it.

buckeyebobcat

BierStube's picture

You can tell the horse does not think much of this get-up!

"No matter where you go, there you are." B. Banzai

MN Buckeye's picture

Which one is the horse?

ATXbucknut's picture

I'm bullish on Rutgers. With the recruits they're bringing in and the increase in revenue and fan interest, I think they could give Penn State a run for their money as the #2 team in the division. I am warming to the idea of Rutgets joining the B1G, as I think it adds a new element to our history-laden conference.
This collage features some of the players off the team that played the first-ever CFB game back in '69. Can you see S.G. Gano toting the rock nowadays? Also, W.J. Hill looks like a jihadist; I'm sure people kept their eye on him. 

DJ Byrnes's picture

Can you see S.G. Gano toting the rock nowadays?

This slayed me.

Californian by birth, Marionaire by the Grace of President Warren G. Harding.

Oakland Buckeye's picture

Martinez is clearly the "idiot" kiocker...

RedStorm45's picture

That's only an extra $16-$17 million a year.

rekrul's picture

Wrong Thread...

Out Work, Out Think, Out Play!!!

penult's picture

That's about 20 barrels of cash, right?

BuckeyeinSavannah's picture

Oh how I already miss it.

Toilrt Paper's picture

Obviou$, there ha$ to be a rea$on an Ea$t Coa$t team would want to be in a Mid-We$t league.
I read the B1G promised Rutgers $1 Mill/year for increased "travel" costs. No mention if it was for ever or not.