In fiscal year 2021, Rutgers, The State University of New Jersey's Men's Basketball program reported $1.1M in revenue and $16.0M in expenses, for a net deficit of $14.9M. The program generated $1.1M in total revenue, led by Football Bowl Revenues at $570K. Among the 78 FBS programs reporting Men's Basketball data, Rutgers, The State University of New Jersey ranks 16th overall in total expenses (15th of 42 Power Four programs) — above the FBS average of $10.2M. 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 | $569,730 |
| Contributions | $426,289 |
| In-Kind | $120,000 |
| Athletics Restricted Endowment and Investments Income | $19,641 |
| Category | Amount |
|---|---|
| Football Bowl Expenses - Coaching Compensation/Bonuses | $8,014,944 |
| Coaching Salaries, Benefits and Bonuses paid by the University and Related Entities | $3,914,326 |
| Support Staff/Administrative Compensation, Benefits and Bonuses paid by the University and Related Entities | $1,019,427 |
| Team Travel | $991,752 |
| Athletic Student Aid | $686,017 |
| Sports Equipment, Uniforms and Supplies | $381,070 |
| Direct Overhead and Administrative Expenses | $283,573 |
| Student-Athlete Meals (non-travel) | $244,314 |
| Game Expenses | $240,816 |
| Guarantees | $115,000 |
| Other Operating Expenses | $57,853 |
| Fund Raising, Marketing and Promotion | $38,950 |
| Medical Expenses and Insurance | $28,312 |
| Recruiting | $8,105 |
| Memberships and Dues | $4,829 |
Rutgers Men's Basketball operated at a significant financial deficit of $14.9M in FY2021, with expenses of $16.0M dwarfing revenues of just $1.1M. The program's $16.0M in expenses ranked 16th among 78 FBS programs and 15th among 41 Power Four schools, sitting well above the FBS average of $10.2M, with coaching compensation and bonuses alone accounting for $8.0M of that total. Notably, the program's largest revenue source was Football Bowl Revenues at $570K, highlighting its heavy reliance on funds generated outside of basketball itself.
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