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>>

  • Sound From NYC Pier Concerts Angering NJ Residents

    Sound From NYC Pier Concerts Angering NJ Residents

    Wednesday, July 30 2014 11:40 AM EDT2014-07-30 15:40:11 GMT
    Some residents of West New York, New Jersey are happy with their beautiful views of Manhattan, but aren’t too happy about the noise that is coming over from the city. Residents who live at the Hudson Club apartment complex at Port Imperial say that the music that reportedly comes from a new concert hall at Pier 97 across the Hudson River in New York City is affecting their quality of life.
    Some residents of West New York, New Jersey are happy with their beautiful views of Manhattan, but aren’t too happy about the noise that is coming over from the city. Residents who live at the Hudson Club apartment complex at Port Imperial say that the music that reportedly comes from a new concert hall at Pier 97 across the Hudson River in New York City is affecting their quality of life.
  • Roxbury Is Stronger Than The Smell

    Roxbury Is Stronger Than The Smell

    Wednesday, July 30 2014 11:39 AM EDT2014-07-30 15:39:45 GMT
    A group of residents from Roxbury, New Jersey, who have been dealing with the Fenimore Landfill and toxic fumes coming off the landfill went down to Trenton yesterday in front of the New Jersey DEP office where they rioted in front of a new billboard the residents had just purchased.The billboard reads “The new ‘common sense’ solution to environmental protection”.
    A group of residents from Roxbury, New Jersey, who have been dealing with the Fenimore Landfill and toxic fumes coming off the landfill went down to Trenton yesterday in front of the New Jersey DEP office where they rioted in front of a new billboard the residents had just purchased.The billboard reads “The new ‘common sense’ solution to environmental protection”.
  • Battle Over Belmar Boardwalk

    Battle Over Belmar Boardwalk

    Wednesday, July 30 2014 11:36 AM EDT2014-07-30 15:36:45 GMT

    The Belmar boardwalk, which was completely destroyed during Superstorm Sandy, is now newly rebuilt and beautiful. 

    The Belmar boardwalk, which was completely destroyed during Superstorm Sandy, is now newly rebuilt and beautiful. 

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