In fiscal year 2021, Rutgers, The State University of New Jersey's Rowing program reported $107K in revenue and $3.7M in expenses, for a net deficit of $3.6M. The largest revenue source was Football Bowl Revenues at $54K. Among the 25 FBS programs reporting Rowing data, Rutgers, The State University of New Jersey ranks 6th overall in total expenses (6th of 19 Power Four programs) — above the FBS average of $2.8M. 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 | $53,657 |
| Contributions | $26,669 |
| In-Kind | $20,000 |
| Athletics Restricted Endowment and Investments Income | $6,988 |
| Category | Amount |
|---|---|
| Football Bowl Expenses - Coaching Compensation/Bonuses | $1,853,561 |
| Athletic Student Aid | $902,042 |
| Coaching Salaries, Benefits and Bonuses paid by the University and Related Entities | $451,468 |
| Team Travel | $201,902 |
| Sports Equipment, Uniforms and Supplies | $108,257 |
| Direct Overhead and Administrative Expenses | $76,723 |
| Support Staff/Administrative Compensation, Benefits and Bonuses paid by the University and Related Entities | $58,573 |
| Student-Athlete Meals (non-travel) | $26,138 |
| Medical Expenses and Insurance | $21,528 |
| Other Operating Expenses | $4,936 |
| Severance Payments | $698 |
| Memberships and Dues | $600 |
| Recruiting | $472 |
| Game Expenses | $224 |
The rowing program ran a significant deficit of $3.6M in FY2021, with expenses of $3.7M vastly outpacing the $107K in revenue generated. At $3.7M in total expenses, the program ranked 6th among 25 FBS schools and 6th among 18 Power Four programs offering rowing, spending well above the $2.8M FBS average. Coaching compensation and bonuses alone accounted for $1.9M of those expenses, while football bowl revenues represented the largest revenue source at $54K.
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