In fiscal year 2021, Rutgers, The State University of New Jersey's Swimming and Diving program reported $99K in revenue and $2.6M in expenses, for a net deficit of $2.5M. Like most Power Four Swimming and Diving programs, Rutgers, The State University of New Jersey generates minimal direct revenue and is funded primarily through shared athletic department revenues. Among the 56 FBS programs reporting Swimming and Diving data, Rutgers, The State University of New Jersey ranks 22nd overall in total expenses (22nd of 33 Power Four programs) — below the FBS average of $2.7M. 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 | $49,339 |
| Compensation and Benefits provided by a third party | $20,000 |
| Athletics Restricted Endowment and Investments Income | $15,006 |
| In-Kind | $10,000 |
| Contributions | $4,333 |
| Category | Amount |
|---|---|
| Football Bowl Expenses - Coaching Compensation/Bonuses | $1,294,741 |
| Athletic Student Aid | $716,067 |
| Coaching Salaries, Benefits and Bonuses paid by the University and Related Entities | $373,542 |
| Support Staff/Administrative Compensation, Benefits and Bonuses paid by the University and Related Entities | $49,674 |
| Sports Equipment, Uniforms and Supplies | $46,519 |
| Team Travel | $42,394 |
| Medical Expenses and Insurance | $23,901 |
| Direct Overhead and Administrative Expenses | $19,101 |
| Other Operating Expenses | $10,411 |
| Student-Athlete Meals (non-travel) | $5,254 |
| Recruiting | $4,719 |
| Fund Raising, Marketing and Promotion | $2,819 |
| Memberships and Dues | $340 |
Rutgers' Swimming and Diving program ran a significant deficit of approximately $2.5 million in FY2021, generating just $99K in revenue against $2.6 million in expenses. Notably, the program's largest revenue source was Football Bowl Revenues at $49K, while its biggest expense driver was Coaching Compensation and Bonuses at $1.3 million. At 22nd among 56 FBS programs in spending, Rutgers' investment in the sport aligns closely with the FBS average of $2.7 million in expenses.
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