Sports ‘Takes your breath away’: NJ Gov. calls Rutgers athletics’ financial woes ‘concerning’ September 9, 2021Abbott Koloff and Jean Rimbach, NorthJersey.comComments Off on ‘Takes your breath away’: NJ Gov. calls Rutgers athletics’ financial woes ‘concerning’ Rutgers' debt includes loans from the university and Big Ten to cover years of annual athletics department operating shortfalls of up to $73 million.