Monday, December 22, 2014

Report: Hiring Eddie Jordan could cost Rutgers big money

Eddie Jordan coached the 76ers during the 2009-10 season. (Yong Kim/Staff file photo)
Eddie Jordan coached the 76ers during the 2009-10 season. (Yong Kim/Staff file photo)

Rutgers' perennially cash-strapped athletic department could be forced to dig deep in order to lure Eddie Jordan away from the NBA.

The Associated Press reported that the two sides are near a deal, but Jordan won't come cheap.

Whereas fired coach Mike Rice made $650,000 a year, the Newark Star-Ledger reported that even paying Jordan $1 million would put him in the lower end of Big Ten salaries.

That's the price Rutgers must pay for joining one of the nation's most prominent and wealthiest athletic conferences.

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Ten of the 12 men's basketball head coaches in the Big Ten are known to make seven-figure salaries, with new Northwestern coach Chris Collins' salary not yet public. Only Penn State's Pat Chambers is known to make under $1 million annually.

Read more from the Newark Star-Ledger here.

Jonathan Tannenwald Philly.com
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