Daily Archives: March 12, 2017

The Rutgers Way

Meet the Bizarro Butts-Mehre.

All of which brings us to the athletic department’s 2016 financial report to the N.C.A.A. The Star-Ledger obtained this document recently; it showed a blood-red deficit of $28.6 million. The 64-page report had a one-line notation: “Other Operating Revenue: $10,495,912.”

It turned out that the university bank quietly lent $10.5 million to the athletic department to keep it afloat and pay severance costs for expensive and failed coaches. That loan came weighted with an interest rate of 5.75 percent; the cost of repaying it will run north of $18 million, according to university documents.

Rutgers also diverted $11 million in student fees and $17.1 million from its general fund to cover the athletic shortfall. The average undergraduate now pays more than $300 in activities fees exclusively for the university’s N.C.A.A. teams…

Late last month, I requested an interview with the athletic director, Patrick Hobbs. A day later, I also asked to speak with the president, Robert Barchi. These requests were met with silence.

On Thursday, I asked again, and a spokeswoman offered an off-the-record interview with Hobbs. I declined. An email statement soon arrived, saying in part, “Rutgers Athletics will be in a position to generate a positive cash flow for the university after we receive our full share of Big Ten revenues in 2021.”

Let me translate: That the athletic department has been run with no regard for sound financial practice is a trifle. Soon enough, piles of dough from the Big Ten’s billion-dollar-plus television contract will be deposited on the front steps of the athletic department. Its take could amount to $40 million.

This is like handing Jesse James the keys to Fort Knox.

Yeah, Jim Delany sure can pick ’em.



Filed under Big Ten Football, It's Just Bidness

Just when you thought it was safe to come out of the dorm room…

Athens-Clarke County’s finest strike again.

Georgia receiver Riley Ridley was arrested Saturday night on a charge of possessing less than an ounce of marijuana, according to the Athens-Clarke County jail web site.

Ridley was arrested at 10:05 p.m. on Saturday, and bailed out on $1,000 bond at 12:32 a.m. on Sunday. The Athens-Clarke County Police Department is listed as the arresting agency.

A rising sophomore, Ridley had 12 catches for 238 yards and two touchdowns last season. He is expected to compete for a starting position this year.

A marijuana arrest that is a misdemeanor usually brings a one-game suspension, per UGA’s student-athlete handbook. Georgia opens the season against Appalachian State.

I feel safer already.


UPDATE:  And lest we forget…


Filed under Crime and Punishment, Georgia Football