Forgot Log-in or  Password? |  Help  Not a member, Register Now!
 

New oversight post for Rutgers athletics

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."

William C. Dowling, a professor of English who has been one of the chief critics of the athletics 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.

Copyright 2012 by STATS LLC and The Associated Press. Any commercial use or distribution without the express written consent of STATS LLC and The Associated Press is strictly prohibited.
 
 
 
 
Top College Football
 

CBSSports.com Shop

Nike Alabama Crimson Tide 2011 BCS National Champions Locker Room T-Shirt

Alabama Crimson Tide 2012 BCS National Champs
Get the Gear Shop now

Audio & Video Coverage

HawkTawk
February 16, 2012 7:00 PM ET

Check out this recap of the 2012 Oregon State football recruiting class.
February 12, 2012 3:00 AM ET

Sam Acho is an NCAA Top VIII recipient [Feb. 11, 2012]
February 11, 2012 3:00 AM ET

Tyrone Duplessis Memorial Video
February 10, 2012 9:00 PM ET

FB: New Coaching Staff Interviews
February 10, 2012 2:00 PM ET

FB: Coach Kelly Staff Changes Presser
February 10, 2012 10:00 AM ET

2011 FSU Football Rewind: FSU vs. Miami
February 10, 2012 3:00 AM ET

Football Friday: Winter Field Workouts
February 10, 2012 3:00 AM ET

Inside Iowa: Feb. 10, 2012
February 10, 2012 3:00 AM ET

2011 Season Highlight Video
February 10, 2012 3:00 AM ET

HawkTawk
February 9, 2012 7:00 PM ET

LOUISVILLE - CardsTV - Football Winter Mat Drills II
February 9, 2012 3:00 AM ET

Inside Iowa: Feb. 9, 2012
February 9, 2012 3:00 AM ET

Kirk Ferentz Press Conference
February 8, 2012 5:00 PM ET

Fisher granted 6th year by NCAA
February 8, 2012 3:06 PM ET

Tomorrow Starts Here (:30)
February 8, 2012 3:00 AM ET

Letterman's jackets awarded [Feb. 8, 2012]
February 8, 2012 3:00 AM ET

Tomorrow Starts Here (full)
February 8, 2012 3:00 AM ET

Penn State Football
February 7, 2012 3:00 AM ET

Offseason Update, Part 1
February 7, 2012 3:00 AM ET

First Day on the Job with Head Coach Bill O'Brien
February 7, 2012 3:00 AM ET