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Patrick Hobbs’s Successful Career as an Athletic Director at Rutgers University Contributed to His Net Worth

Patrick E. Hobbs, the former athletic director of Rutgers University, is believed to have a net worth between $1 million and $5 million gained as prominent roles in collegiate athletics and academic achievements.

Patrick E. Hobbs, born in Orange, New Jersey, attended as Rutgers University’s athletic director on March 29, 1960, from 2015 to 2024.

He supervised major advancements in Rutgers athletics, including the resurrection of important sports programs and upgrades to the campus’s facilities.

Recently, the news of Patrick E. Hobbes, known as Pat Hobbes, has been covered as he resigned from his post on August 16.

Patrick Hobbs’ Recent Resignation Might Impact His Financial Standings

Patrick Hobbs’ estimated net worth is between $1 and $5 million, based on his work as a professor and sports director.

Hobbs began his legal career as a tax attorney at Hannoch Weisman from 1985-1987, earning a high-level salary.

In addition, he worked as an Associate at Shanley & Fisher P.C from 1987 to 1990.

Hobbs began working as a lecturer at Seton Hall University School of Law in 1990, where they rose to prominence among the professors and enhanced the school’s standing.

Also, Mr.Hobbs served as Associate Dean for Finance from 1995-1999 at Seton Hall, earning an average salary of $124K to $178K annually.

Afterward, he became Dean of Law at Seton Hall Univeristy, where universities typically pay their law school deans between $150,000 and $300,000 a year.

As dean, Hobbs carried out ground-breaking programs that raised the school’s standing.

Undoubtedly, he spearheaded a $25 million fundraising campaign focused on enhancing diversity.

Nevertheless, Hobbs was the Ombudsman from 2014 to 2015 in the Christie administration.

On November 29, 2015, he was appointed athletic director at Rutgers University with a base salary of $635,000.

Afterward, in 2020-21, his base pay gradually increased, which was reported at $1,029,679.

Patrick E. Hobbs anticipated receiving a basic salary of at least $635,000 before his resignation. However, he resigned as athletic director, citing health issues on August 16, 2024.

Hobbs’ Strategic Vision Drives Excellence and Integrity in Rutgers Sports

On December 29, 2015, Patrick Hobbs was appointed athletic director of Rutgers University. He implemented Rutgers Athletics’ strategic strategy, emphasizing ethics and excellence.

As a result, Rutgers had its greatest athletics year ever in 2021–2022 under his direction.

In 2021–2022, nine teams achieved national rankings, setting a new school program record.

Moreover, the men’s basketball team snapped a 30-year drought under Hobbs’ leadership by making the NCAA Tournament.

Likewise, the women’s soccer team won the school’s first Big Ten regular-season conference championship.

In the same way, Hobbs was in charge of building the Gary and Barbara Rodkin Academic Success Center.

Hobbs credits his family for instilling an immigrant attitude, prioritizing hard work, and embracing opportunity.

   

Additional Information

   
           
  • Patrick Hobbs is married to Patrice and resides in Basking Ridge, New Jersey.
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  • Hobbs’s couple has three children.
  • He earned an LLM degree from New York University from 1985 to 1988.
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