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In response to increasing scrutiny over a lack of fiscal oversight, Rutgers University President Richard McCormick has asked AD Robert Mulcahy to step down.
Mulcahy, AD since 1998, signed the football coach to multimillion dollar contracts and facilitated a secret deal between a sports marketing firm and the football coach, while falling short on campaign goals to finance the expansion of the football stadium. As a result of the cash shortage, non-revenue teams of tennis, swimming and fencing were downgraded from varsity to intramural status.
A review committee appointed by McCormick found him to be "passive in exercising authority" over Mulcahy. In response, state lawmakers are ...