The economic impact of Rutgers University athletics report, which ESI produced, was highlighted on NJ.com on Tuesday, January 20th, 2015.
The report titled, Economic Impacts of Rutgers Athletics and Future Implications of the Big Ten, was published last year and quantified the potential benefits to Rutgers and to the State of New Jersey that could arise should the university decide to ramp up its athletics program to the national top tier level. Among several findings, ESI recommended that Rutgers improves its athletic facilities to help keep pace with its Big Ten peers.
This Tuesday, Governor Chris Christie signed a bill to provide $25M in tax credits for Rutger’s recently announced athletics facilities plan. This bill would support the University in upgrading its infrastructure, enabling several benefits such as greater sports team performance, increased alumni donations and attracting and retaining more students.
Among other key players, this enactment was made possible due to Senator Lesniak’s vision to make Rutgers University a world class institution that can produce long term benefits to both the school as well as the state.
ESI is proud to have contributed on this development and is excited to witness a successful future for Rutgers University’s athletics to unfold.
To read the full article, click here.
For more press coverage on ESI’s findings, click here and here.
To download and read the report in its entirety, click here.