Report: Rutgers earmarked for massive athletic department funding

Yesterday, New Jersey Governor Phil Murphy earmarked $100 million for Rutgers University athletics in the proposed budget for the state according to reporting from NJ Advance Media

Major funding for improvements to facilities for the Rutgers basketball and football programs are coming soon. Yesterday, New Jersey Governor Phil Murphy (D) earmarked $100 million for Rutgers University athletics in the proposed budget for the state according to reporting from NJ Advance Media.

The money is specifically earmarked to be used for renovating Jersey Mike’s Arena and for the building of a proposed indoor practice facility for football.

Part of the deal in hiring football’s head coach [autotag]Greg Schiano[/autotag] was a commitment toward building an indoor practice facility. While a formal fundraising campaign should be announced soon, receiving some state funding is a major first step. The budget is expected to be passed on Wednesday and signed into law by Murphy on Thursday, per the report.

Also included in the budget is a commitment of $150 million additional to the Rutgers medical schools and $50 million for a research complex to be built in downtown New Brunswick.

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Peter McDonough Jr., the university’s senior vice president for external affairs spoke to Brent Johnson and Ted Sherman about the $300 million dollar investment in the university:

“The investments that the proposed budget makes in Rutgers University will help the state establish its role as a global leader in the innovation economy, will provide several hundred million dollars for aid to students and for making improvements to essential academic facilities in New Brunswick, Newark and Camden, and will provide seed money for enhancements to athletics facilities that will be overwhelmingly funded through private donations.”

After Rutgers athletics had a strong 2021-2022 season across the board, Tuesday’s news of the impending funding for the athletic department and the state university as a whole, better days continue to be on the horizon for all Scarlet Knights.

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How a new NIL collective is looking to shape the future of Rutgers athletics

How a new NIL collective is looking to shape Rutgers athletics.

It is a new era of college sports, one where student-athletes are able to leverage their personalities and their platform in a unique way.

And with the dawn of Name, Image and Likeness (NIL), student-athletes are looking to maximize their potential to bring in revenue and capitalize on their stage. For Rutgers student-athletes, that is where the Knights of the Raritan (KTR) comes into play.

Launched on Thursday, KTR has the stated aim of “empowering Scarlet Knight student-athletes to achieve their greatest potential in the classroom, on the playing field and in life. The collective seeks to enable them to maximize their NIL opportunities the right way, without compromising the values of the university.”

The all-volunteer organization is comprised of Rutgers alumni, fans and corporations that are aiming to maximize the exposure of the student-athletes within the framework of NIL.

Subscription models provided by KTR means that fans can get involved for as little as $10 monthly.

Nine supporters of the Rutgers athletic fanbase make up the executive committee overseeing the NIL collective: Jon Newman, Al Reicheg, Danny Breslauer, Jeff Towers, Scott White, Ken Miller, Jerrold Colton, Russ Nesevich and Ryan Stryker.

As part of the collective’s launch this week, Breslauer, spoke with ‘Rutgers Wire’ about KTR, its impact and goal and how it aims to help shape the future of Rutgers athletics.

Oh, and Breslauer is a passionate supporter of Rutgers athletics and is a former voice of Scarlet Vision:

Throwback Friday, eh?

Check out what Breslauer had to say about the newly launched NIL collective, the Knights of the Raritan.

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Greg Schiano reacts to AD Pat Hobbs’ new extension: ‘he’s done a great job’

Rutgers football head coach Greg Schiano was excited about the news of athletic director Patt Hobbs getting an extension.

On Friday afternoon, Rutgers announced that Patt Hobbs will get a six-year extension as athletic director. It is an extension that is certainly deserved by Hobbs, who has overseen a highly successful rise of the athletic department in recent years within the Big Ten.

It was news about Hobbs that football head coach Greg Schiano greeted on Friday night. There is no doubt that Hobbs has made a dramatic turnaround of the athletic department at Rutgers.

This past year, field hockey won the Big Ten Tournament, women’s soccer won the conference regular season, men’s basketball made consecutive NCAA Tournament appearances for the first time since 1976 and both lacrosse programs are nationally ranked. Plus, football made a bowl game for the first time since 2014 and baseball is competing for a Big Ten regular season title.

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Schiano, who casts a giant shadow across the athletic department, the university as a whole and the entire state, was pleased with the extension for Hobbs.

“I think it’s great. I think continuity here with people that work well together, you know, Pat’s been here I don’t know how many years now, but he’s done a great job and I think he’s got all our — you just look what’s happening with baseball, both lacrosses, what happened with basketball, and I know I’ll leave somebody out if I start mentioning everybody,” Schiano was asked following the spring game.

“But you look at the Rutgers athletic department, it’s going like this (Schiano moves hand up) and the leader of that department is Pat. I’m very happy for him. He deserves it. What we need to do is get this operation cooking because this is the one that, as we know, can really push everything up even faster.”

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There is a sense of momentum around the football team. The class of 2023 was a top 30 class in the national recruiting rankings. And football’s 5-8 record represented the most wins for the program since joining the Big Ten in 2014.

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Rutgers athletics director Pat Hobbs gets a new contract

Patt Hobbs, athletic director at Rutgers, gets a contract extension.

Pat Hobbs has overseen the most successful six seasons of athletics in Rutgers history. And now, he will get another six years.

The Rutgers athletic director signed a new contract that will keep him with the Scarlet Knights through 2028.

“I want to thank President Holloway, the Board of Governors and the Board of Trustees,” Hobbs said in a statement.

“Our coaches, student-athletes and staff are dedicated, hardworking and passionate about being Scarlet Knights. I consider myself fortunate to serve as Athletic Director at a great university, with a team that is committed to the pursuit of excellence, and I look forward to continuing to join them in writing the greatest chapter in Rutgers history. What they have been able to achieve over the past six years personifies Jersey grit. Rutgers has the biggest upside of any program in the country, and I wouldn’t want to do this anywhere else.”

This has been a tremendous year for Rutgers athletics, including the women’s soccer team making a run to the Final Four and winning the Big Ten regular season. Field hockey won the Big Ten Tournament Championship, men’s basketball made consecutive NCAA Tournaments for the first time since 1976, wrestling continued to do well, baseball is ranked and both lacrosse programs are ranked.

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And football made the Gator Bowl, making a postseason appearance for the first time since 2014.

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