Josh Newman | Asbury Park Press

Jerry Carino, @njhoopshaven

You, like many other Rutgers fans, thought that a full revenue share from the Big Ten was finally arriving in 2021.

We have some bad news for you.

Bob Karp/Staff Photographer

According to a comprehensive 58-page report on Rutgers athletics produced by College Sports Solutions, a full revenue share is essentially not happening until 2027, when all 14 member schools will received an estimated $65.24 million.

To be fair, Rutgers' revenue share begins to jump considerably in 2021, when it is to receive an estimated $43.71, up from $28.64 million in 2020. All of this will help.

The full report can be read here.

The gigantic eight-figure payments, especially starting in 2021, will greatly benefit one of the most-subsidized athletic departments in the nation. In fiscal 2017, the athletic department brought in $96.9 million, but it spent $99.2 million, leaving a $2.3 million operating deficit. This, despite athletics receiving $21.32 million in direct institutional support from the school and another $11.77 million in student fees.

The $33 million subsidy in fiscal 2017 is up from more than $28 million in fiscal 2016, when athletics received $17.16 million in institutional support and another $11.42 million in student fees.

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NJ Advance Media was first to report many of the study's findings.

Staff Writer Josh Newman: jnewman@app.com; @Joshua_Newman

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