WSJ Piles on Schiano

Who’d have thought: the nation’s leading business newspaper apparently finds Greg Schiano such a rancid specimen that today’s Wall Street Journal devotes many inches to ripping him apart.  Among the gems:

“The Rutgers renaissance was always overblown. It never equaled the caliber of the turnarounds at Northwestern and Kansas State, similarly downtrodden teams that rose to win conference championships and reach major bowls. The Scarlet Knights have beaten a grand total of two ranked opponents since Mr. Schiano took over after the 2000 season, the same number that new national darling Vanderbilt has defeated this season alone. While Rutgers has progressed greatly over that time, its 26-12 record from 2005 through 2007 was also the product of weak scheduling. Sixteen of those victories came against teams that either finished with losing records or weren’t in Division I-A (now known as the Football Bowl Subdivision)….”

“This season, they faced Fresno State and improved North Carolina at home. Both blew them out. With Connecticut, Pittsburgh and South Florida still ahead and Rutgers likely an underdog against all three, Mr. Schiano’s star may dim further. A bowl game seems unlikely.”

Meantime, the New York Times pours gloom on the local scene with a story headed, New Jersey Offers a Preview of Possible Economic Woes to Come.  Reports the Times: New Jersey’s economy has already slipped into reverse. Its biggest employers have stopped hiring, and some have started firing. Its unemployment rate is rising fast, and the values of its houses are falling even faster. The state government is grappling with a projected budget shortfall of $1.7 billion, and some of its most affluent counties and towns are reducing services as tax revenue declines.”

Seems a less than ideal time to go ahead with a $100 million unneeded, unwanted, and ludicrous stadium expansion, does it not?  Even the buffoons, criminals, toadies and cretins in Trenton ought to be able to figure out that when the local economy is dying nobody will cheer a reckless stadium expansion in Piscataway.  Well, maybe the boosters who dug deep and contributed $90,000 towards a $30 million private fundraising goal will applaud — assuming any of them are still cheering on Schiano’s Stumblers.

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4 Responses to WSJ Piles on Schiano

  1. All the Way says:

    Are Rutgers Season tickets and Buddabing Lounge Memberships FDIC covered? Another Big Drop forecast for HALE STREET investors.

  2. BoogieKnight says:

    Seems like a great time to help the local economy by creating jobs and moving ahead with the stadium expansion. This will put a lot of local people to work at a time when they need it the most!

  3. BoogieKnight says:

    The WSJ article is a hatchet job and in part attacks Rutgers by saying “its 26-12 record from 2005 through 2007 was also the product of weak scheduling. Sixteen of those victories came against teams that either finished with losing records or weren’t in Division I-A (now known as the Football Bowl Subdivision).” Meanwhile, they go on to praise Northwestern and Kansas State.

    Northwestern was 22-12 over the 1994-1996 period. Of those 22 wins, only 9 came against teams with winning records. Two of those 9 wins came against Air Force. Now if we change the period to 1995-1997, Northwestern has a record of 24-12. They had 10 wins against winning teams of their 24 total wins, which is very comparable to Rutgers 10 wins against winning teams out of 26 total wins. As an aside, Northwestern has had only one wining season since then, the year 2000, so it shouldn’t be too hard for Rutgers and Schiano to top that poor record.

  4. Valentine Mott says:

    If the NFL can’t keep up with the economic downturn, (see the AP article here http://sports.yahoo.com/nfl/news?slug=ap-goodell-economy&prov=ap&type=lgns), how will Rutgers?

    “The NFL faces challenges in weathering the economic downturn despite the game’s popularity, commissioner Roger Goodell said on Wednesday.

    Responding to questions during a business leaders luncheon, Goodell said the NFL is not recession proof, citing stadium financing and struggles by the league’s sponsors as specific problems.

    Borrowing money has become difficult and expensive as credit has tightened, potentially hampering stadium projects, and many companies that the league relies on for sponsorships have had to cut back.

    Fans, worried about their household finances, are feeling the effects also, he said.

    “We’re all feeling the pinch right now, some more than others, and it’s something we want to remain sensitive to,” Goodell said, speaking at the University of the Incarnate Word. ” “

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