Rutgers Had Secret Deal with Schiano | Zagsblog
Recent Posts
About ZagsBlog
Adam Zagoria covers basketball at all levels. He is the author of two books and an award-winning journalist whose articles have appeared in ESPN The Magazine, SLAM, Sheridan Hoops, Sports Illustrated, Basketball Times and in newspapers nationwide.
Follow Zags on Twitter
Couldn't connect with Twitter
Contact Zags
Connect with Zags:
Friday / March 29.
  • Rutgers Had Secret Deal with Schiano

    Share Zagsblog Share Zagsblog
    According to a story in Tuesday’s Star-Ledger, Rutgers made a secret deal with football coach Greg Schiano to pay him $250,000 on top of what he is already earning to coach the football team at the state university of New Jersey.

    Here’s an excerpt:

    In the addendum to his contract, dated July 2, 2007, Rutgers arranged for Nelligan Sports Marketing, the university’s exclusive marketing agent, to pay the coach the additional $250,000 — keeping the payments off the school’s payroll.

    The money was deducted from sponsorship revenues collected on the university’s behalf by the marketing firm, but the amount was guaranteed by Rutgers. It was listed as a payment for “personal services” and was made to a limited liability corporation established by Schiano.

    The $250,000 payment was questioned earlier this year by university auditors who criticized the athletic department, saying the way the deal was structured showed a lack of transparency.

    Schiano, through a spokesman, declined comment.

    Rutgers athletic director Robert Mulcahy said the university was simply “being a little resourceful” in the way it structured the deal. In his view, the sponsorship money used to pay the added compensation was the result of Schiano leading the football team to three straight winning seasons.

    Written by

    [email protected]

    Adam Zagoria is a Basketball Insider who covers basketball at all levels. A contributor to The New York Times and SportsNet New York (SNY), he is also the author of two books and is an award-winning journalist and filmmaker. His articles have appeared in ESPN The Magazine, SLAM, Sheridan Hoops, Basketball Times and in newspapers nationwide. He also won an Emmy award for his work on the SNY mini-documentary on Syracuse guard Tyus Battle. A veteran Ultimate Frisbee player, he has competed in numerous National and World Championships and, perhaps more importantly, his teams won the Westchester Summer League (WSL) championships in 2011 and 2013. He lives in Manhattan with his wife and children.

  • } });
    X