PISCATAWAY – Rutgers is making serious progress toward relinquishing a dubious distinction.
The subsidy needed to sustain Rutgers athletics dropped to $23.8 million in fiscal 2015, according to a review of the department’s annual financial report filed to the NCAA obtained by Gannett New Jersey.
Rutgers had the highest subsidy in the nation each of the last two years, beginning when it set a national all-time high at $46.9 million in 2013. The subsidy fell to $36.3 million in 2014, but it still led the nation and was double that required at the next closest Power Five conference member.