Rutgers Loses $184K Attending PapaJohns.com Bowl

After winning the 2008 PapaJohns.com Bowl this past December Rutgers University received a nice pay day of $1.2 million for its appearance.

Too bad the Scarlet Knights have a sh*tty athlete accounting staff because the bubble has been burst on their bowl win.

According to the NJ Star Ledger, “by the time expenses were paid and the coaching staff given its performance bonuses, the school lost more than $184,000, according to reports filed with the NCAA. While the football team’s expenses were more than covered through the Big East Conference — which pools playoff money — the university spent more than $200,000 to send faculty, staff and 187 members of the band and cheerleader squads to the game.”

If only they left the cheerleaders and band at home, if they had, according to the schools books, Rutgers would have turned a whopping $16k profit!