Athletic Director Tim Pernetti

Question

When news came out that the Rugters athletic director lost his job I initially felt bad for him because he tried to rehabilitate a abusive coach instead of firing him on the spot and it cost him his job as well. Today I find out that Pernetti received a 1.2 Million dollar separation package from Rugters. Not feeling so bad for the athletic director walking away with 1.2 million!

MilesZona · Answer

When news came out that the Rugters athletic director lost his job I initially felt bad for him because he tried to rehabilitate a abusive coach instead of firing him on the spot and it cost him his job as well. Today I find out that Pernetti received a 1.2 Million dollar separation package from Rugters. Not feeling so bad for the athletic director walking away with 1.2 million!

-29- · Answer

Thanks to Pernetti, Rutgers will generate tens of millions more in revenues each year as a new member of the B1G.

Not everyone is happy though.

At least one significant donor, David H. Bugen, who runs an investment firm in Chatham N.J., said he was halting plans for a new gift to the university, which he said would have been his largest ever, because he was upset at the way Mr. Pernetti had been treated. - New York Times

scalabrine · Answer

Threats from an investment firm manager!!Oooooh, Rutgers must be shaking.Their Big 10 participation will make his donation look like ashtray money...

-29- · Answer

[Quote: Originally Posted by scalabrine] Threats from an investment firm manager!!&#xD;&#xA;&#xD;&#xA;Oooooh, Rutgers must be shaking.&#xD;&#xA;&#xD;&#xA;Their Big 10 participation will make his donation look like ashtray money...&#xD;&#xA;[/Quote]&#xD;&#xA; &#xD;&#xA; &#xD;&#xA;Agreed, but this could be a developing trend among donors.&#xD;&#xA;Ben Howland&#x27;s name has been mentioned already as a possible HC replacement.

Athletic Director Tim Pernetti

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