The Athletic has a good article today about how joining the Big 10 has been bad for Rutgers. According to their research, "despite astronomical increases in shared Big Ten revenue, the athletic department has racked up more than $250 million in debt."
They are one of the only Big Ten schools whose athletic departments are not self-sustaining. "Of the Big Ten's 13 public universities, nine athletics departments receive minimal of no funding from the university, state or from student fees. However, over eight years of data, Rutgers has received nearly $240.8 million in direct university or state funding or from student fees." The other three in the category (Maryland, Illinois, Minnesota) received a combined $200 million net.
With increased travel expenses for the likes of Rutgers, Maryland, Oregon, and Washington things could actually be worse for some of these schools on the bottom line even if the top line improves.