Rutgers: Can Make Money on Pinstripe Bowl
Rutgers University won’t lose financially by playing in a close-to-home Pinstripe Bowl.
The university’s chief financial officer for intercollegiate athletics tells The Star-Ledger that playing close to home in The Bronx means being able to control costs.
Janine Purcaro says the Scarlet Knights played in the game two years ago and made a $44,000 profit.
She says that the university has lost money when it has played in far-flung bowls.
The cost of transportation, meals and entertainment for players, coaches, band members, cheerleaders and various university officials plus bonuses for coaches and promotional materials for last year’s Russell Athletic Bowl in Orlando was $2.1 million. The university was paid $1.5 million for appearing.
Rutgers plays Notre Dame in the Pinstripe Bowl on Saturday.
(Copyright 2013 by The Associated Press. All Rights Reserved.)