New Jersey Governor: Rutgers Athletics in Dire Straits

Andy Berg Headshot

New Jersey governor Phil Murphy was vocal about his concerns regarding the Rutgers athletic department's financial woes.

Deferring any formal action, Murphy said that what he’d read about the Big Ten program’s current state of affairs “takes your breath away.” reported that more than $430 million in loans and other support has been invested in Rutgers’ athletic division since it began playing in the Big Ten. Rutgers president Jonathan Holloway called the school’s $265 million in outstanding debt “unsustainable.”

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