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<blockquote data-quote="michaelwalkerbr" data-source="post: 131901864" data-attributes="member: 1601483"><p>As I have stated elsewhere, Rutgers is in trouble to the tune of nearly half a billion dollars shortage from the athletic department. Hundreds of millions have been misreported and it's so bad the Big 10 has loaned them $45 million. The athletic department reported it as income instead of a loan.</p><p></p><p>Someone is likely to be prosecuted because government funds were involved when the university gave the athletic department money to keep it operating. It will likely get ugly and it reflects poorly on the reputation of the Big 10. It's all easily Googled or Binged.</p></blockquote><p></p>
[QUOTE="michaelwalkerbr, post: 131901864, member: 1601483"] As I have stated elsewhere, Rutgers is in trouble to the tune of nearly half a billion dollars shortage from the athletic department. Hundreds of millions have been misreported and it's so bad the Big 10 has loaned them $45 million. The athletic department reported it as income instead of a loan. Someone is likely to be prosecuted because government funds were involved when the university gave the athletic department money to keep it operating. It will likely get ugly and it reflects poorly on the reputation of the Big 10. It's all easily Googled or Binged. [/QUOTE]
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