Advertisement

 TRENTON, N.J. (AP) -Following intense scrutiny over the cost of its football stadium expansion and disclosures about the compensation package for football coach Greg Schiano, Rutgers University created a new financial oversight position for its athletic department.
The university on Thursday hired Richard J. Costello to the position of deputy director of athletics-finance and administration. He starts next month.
Costello, currently the athletic director at Delaware State University, comes to Rutgers as some faculty, students and alumni are questioning the university's investment in big-time college sports.
Phone and e-mail messages left for Costello on Thursday were not immediately returned.
Rutgers President Richard L. McCormick said in a news release that Costello ``brings an impressive background in finance, budget planning and management of intercollegiate athletics to this very important position.''
ics expansion, called Costello's appointment a ``last desperate attempt in damage containment.''
Costello will receive an annual salary of $195,000, receive a temporary housing allowance of up to $15,000 over eight months and get an annual automobile stipend of $12,000.
Dowling said McCormick is merely adding another layer of bureaucracy. ``The only logical outcome I can see to this is he will then appoint another director of oversight to watch this director of oversight and pay the next guy $400,000,'' Dowling said.
University spokesman Greg Trevor said Costello's salary is similar to what he was making at Delaware State.
Schiano, whose contract this year is worth $1.6 million, gets an additional $250,000 per year from Nelligan Sports Marketing, a firm the university hired in 2000 to market the athletic program. The payment is guaranteed by Rutgers if sponsorships don't cover it.
In July, McCormick ordered an internal review of financial controls in July as a series of reports in The Star-Ledger of Newark raised questions about athletic department expenditures.
The state comptroller's office has requested documents on the athletic department, including financial details of the $102 million expansion of Rutgers Stadium.

Recent NCAAF Discussions

NCAAF Headlines

More inNCAAF News  

NCAAF Top Stories

Thumbnail Utah Season Win Total Prediction After winning 10 games a year ago will the Utah Utes suffer a setback after going through a transition offensively?
Thumbnail Texas A&M Season Win Total Prediction As recently as a couple of years ago, Texas A&M fans would’ve laughed at the notion of a make-or-break season for Kevin Sumlin. Three straight disappointments,...
Thumbnail Washington Win Total Prediction After losing six times in each of Chris Petersen's first two seasons, are the Washington Huskies a good bet to win more than 9 games in 2016?
Thumbnail Mississippi State Season Win Total Prediction When a player like Dak Prescott comes along, college football devotees simply have to lap up every breathtaking snap. The Mississippi State faithful...
Thumbnail Arkansas Season Win Total Prediction Few teams in college football ended the 2015 season with more momentum than the Arkansas Razorbacks. Now that the word is out, though,...
More inNCAAF Articles  

NCAAF Team Pages