Rutgers Costly Big Ten Move - FOX 35 News Orlando

Rutgers Costly Big Ten Move

Posted: Updated:
New Brunswick, New Jersey (My9NJ) - Rutgers University is no stranger to being in the spotlight over the last few years; unfortunately it’s not always for the best reasons. Well, now the University is being scrutinized once more.

In 2012 Rutgers football announced that it was going to leave the Big East Conference to head over to the Big Ten which is much more lucrative and would be good for the school. However, when a school leaves a conference before the current contract expires, the University has to go through a waiting period, in this case 27 months, and the school is responsible for paying an exit fee which is estimated to be around $10 million.

Since Rutgers is a public state University, that means that taxpayers and students are responsible for paying the bill.

Rutgers officials have been keeping the details of the payout relatively secret which is making many New Jersey lawmakers upset.

Assemblyman Joseph Cryan chimed in to discuss the big move and the money behind it.

“I don’t know if it’s gonna be $10 million because frankly the numbers weren’t released and I think that’s the most frustrating part. I think the state University given its significant issues around this state in terms of transparency, in terms of opportunity, to actually show what it’s doing has been an incredibly frustrating process so far. I support the move to the Big Ten, what’s the problem on this tentative deal with releasing the number and telling folks how much you’re spending?” Cryan said.

Rutgers Professor Jason Belzer also jumped in to discuss the positive side of this move for the University.

“It is a public University so I think that number is eventually going to come out. Anybody can put in a Freedom of Information Act request and get that information. Rutgers publishes all of its financial data including the athletics department, so over the next couple years we’ll see on the line item what the payments were to the AAC. Right now, Rutgers needs to focus on doing their job and their job is running an athletics program,” Belzer explained.

Basically, the move to the Big Ten will help bring in revenue that can aid in additional legal fees Rutgers faces after the tough couple year’s their athletics department had in terms of bullying scandals.

“What’s really the big issue, you have essentially a positive situation with the University going into the Big Ten Conference where they’re essentially gonna make more than $200 million off of this transition,” Belzer said.

Assemblyman Cryan is still concerned about what exactly the University plans to do with the money.

“The issue is that when Rutgers spends taxpayer dollars the folks should know it,” he said.


Watch Chasing New Jersey weeknights at 10pm on My9 and don’t forget to like us on Facebook!

  • Chasing New JerseyMore>>

  • Cop Killer’s Widow Speaks Of Warning Signs

    Cop Killer’s Widow Speaks Of Warning Signs

    Tuesday, July 22 2014 2:02 PM EDT2014-07-22 18:02:08 GMT
    Jersey City is still mourning the loss of fallen hero Officer Melvin Santiago after he was killed in a fatal shooting over a week ago. Now more information is coming to light about the man responsible for the rookie cop’s murder, Lawrence Campbell. Campbell’s widow, Angelique Campbell, said there may have been warning signs that her husband was capable of this kind of act and that these signs were actually brought to the attention of the Jersey City Police Department.
    Jersey City is still mourning the loss of fallen hero Officer Melvin Santiago after he was killed in a fatal shooting over a week ago. Now more information is coming to light about the man responsible for the rookie cop’s murder, Lawrence Campbell. Campbell’s widow, Angelique Campbell, said there may have been warning signs that her husband was capable of this kind of act and that these signs were actually brought to the attention of the Jersey City Police Department.
  • 15-foot snake in Lake Hopatcong

    15-foot snake in Lake Hopatcong

    Tuesday, July 22 2014 12:31 PM EDT2014-07-22 16:31:34 GMT
    The lake is called Lake Hopatcong but some would call it Lake "Hopat-conda"! Recently, there was a fifteen-foot anaconda spotted in the lake by local resident Tony Colantonio. According to Colantonio, the snake was actually harassing him while he was swimming in the lake so he proceeded to sprint out with no harm done."It was straight across, right where the boat is but a little further back. And I just got out of the water and just took off like a bandit!" He said.
    The lake is called Lake Hopatcong but some would call it Lake "Hopat-conda"! Recently, there was a fifteen-foot anaconda spotted in the lake by local resident Tony Colantonio. According to Colantonio, the snake was actually harassing him while he was swimming in the lake so he proceeded to sprint out with no harm done."It was straight across, right where the boat is but a little further back. And I just got out of the water and just took off like a bandit!" He said.
  • Hundreds Rally In Support Of Israel In NJ

    Hundreds Rally In Support Of Israel In NJ

    Tuesday, July 22 2014 10:15 AM EDT2014-07-22 14:15:50 GMT
    The crisis in Israel continues to grow as the Israeli’s defend themselves against Hamas terrorist groups. Yesterday a slew of politicians and hundreds of New Jersey residents showed up to a rally in the Garden State to help support Israel as the conflict with Palestinian terror group Hamas gets even worse. Many people at the rally, like Carol Berman, say they’re concerned about the safety of relatives in Israel and that this conflict hits home.
    The crisis in Israel continues to grow as the Israeli’s defend themselves against Hamas terrorist groups. Yesterday a slew of politicians and hundreds of New Jersey residents showed up to a rally in the Garden State to help support Israel as the conflict with Palestinian terror group Hamas gets even worse. Many people at the rally, like Carol Berman, say they’re concerned about the safety of relatives in Israel and that this conflict hits home.
Powered by WorldNow

35 Skyline Drive
Lake Mary, FL 32746

Phone: (407) 644-3535
News Tips: (866) 55-FOX35

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | Terms of Service | Ad Choices