In fiscal year 2021, Rutgers, The State University of New Jersey's Football program reported $11.4M in revenue and $66.2M in expenses, for a net deficit of $54.9M. The program generated $11.4M in total revenue, led by Football Bowl Revenues at $5.7M. Among the 78 FBS programs reporting Football data, Rutgers, The State University of New Jersey ranks 10th overall in total expenses (10th of 42 Power Four programs) — above the FBS average of $36.5M. Rutgers, The State University of New Jersey competes in the Big Ten; financial data is available from FY2021 through FY2021.
| Category | Amount |
|---|---|
| Football Bowl Revenues | $5,671,544 |
| Conference Distributions of Football Bowl Generated Revenue | $4,259,554 |
| In-Kind | $800,000 |
| Contributions | $344,626 |
| Athletics Restricted Endowment and Investments Income | $262,597 |
| Compensation and Benefits provided by a third party | $8,050 |
| Program, Novelty, Parking and Concession Sales | $6,415 |
| Other Operating Revenue | $322 |
| Category | Amount |
|---|---|
| Football Bowl Expenses - Coaching Compensation/Bonuses | $33,122,635 |
| Coaching Salaries, Benefits and Bonuses paid by the University and Related Entities | $12,187,225 |
| Support Staff/Administrative Compensation, Benefits and Bonuses paid by the University and Related Entities | $5,430,179 |
| Student-Athlete Meals (non-travel) | $3,241,300 |
| Sports Equipment, Uniforms and Supplies | $2,625,310 |
| Athletic Student Aid | $2,498,671 |
| Severance Payments | $2,484,108 |
| Direct Overhead and Administrative Expenses | $1,421,804 |
| Team Travel | $1,378,176 |
| Game Expenses | $712,717 |
| Medical Expenses and Insurance | $367,058 |
| Other Operating Expenses | $329,082 |
| Recruiting | $228,827 |
| Fund Raising, Marketing and Promotion | $205,837 |
| Memberships and Dues | $9,191 |
| Athletic Facilities Debt Service, Leases and Rental Fee | $3,150 |
Despite generating $11.4 million in total revenue in FY2021—with Football Bowl Revenues accounting for the largest share at $5.7 million—Rutgers' football program ran a staggering $54.9 million deficit, driven largely by $33.1 million in coaching compensation and bonuses. At $66.2 million in total expenses, the program ranked 10th among all 78 FBS programs and 10th among Power Four schools, spending nearly double the FBS average of $36.5 million.
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