For months, officials throughout college athletics have expressed concern about the impact on its industry if the football season is wiped away by the coronavirus pandemic. Most of the statements have been speculative, but an NJ Advance Media analysis of the financial budgets around the Big Ten shows schools in the nation’s most lucrative conference are facing potential eight- and nine-figure losses if the college football season is canceled. Rutgers, which earns approximately $750,000 per home football game and relies on its annual Big Ten payment for nearly half of its operating budget, is facing a nearly $50 million loss in revenue if the 2020 college football season is canceled, the NJ Advance Media analysis reveals. Introducing Rutgers Sports Insider: Sign up for exclusive news, behind-the-scenes observations and the ability to text message directly with beat writers For now, it’s a doomsday scenario that no high-ranking college official wants to…
Continue Reading: Rutgers faces M hole: Lost football season would crush Big Ten schools, including Ohio State, Michigan, Penn State
