November 2, 1970 |
Teaneck, New Jersey
|Alma mater||Rutgers University|
|1989–93||Rutgers Scarlet Knights|
|Administrative career (AD unless noted)|
Tim Pernetti is the Chief Business Officer of the Major League Soccer (MLS) expansion club New York City FC (NYCFC). His appointment was announced by the club on September 9, 2013. According to the club's press release, Pernetti will oversee all business operations for the club, which is set to commence competition in the MLS in March 2015.
Tim Pernetti was born on November 2, 1970 at Holy Name Hospital in Teaneck, New Jersey. He grew up in Wyckoff, New Jersey and went to Sicomac School for Kindergarten through 6th grades and Dwight D. Eisenhower Middle School for 7th and 8th grades. He then attended Ramapo High School. Pernetti played football and basketball at Ramapo and captained the basketball team in 1989. He was also an all-state football player in 1988 and named the Ramapo High School Athlete of the Year in 1989. He was inducted into the Ramapo High School Sports Hall of Fame in 2007. Pernetti and earned a scholarship to play for the Scarlet Knights as a tight end from 1989 to 1993. He earned a bachelor's degree in journalism and mass media and a master's degree in communication from Rutgers.
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From 1994 to 2003, Pernetti worked in various television programming positions for ABC Sports. By 1996, he oversaw the day-to-day college football business for ABC Sports, managing relationships with college football bowl games. He left ABC Sports in 2003 and joined CSTV as Vice President of Programming & Talent. Pernetti managed the agreement between the Mountain West Conference and CSTV that produced the MTN network. In 2006, CSTV was acquired by CBS Television Pernetti was promoted to oversee the content strategy, rights acquisitions, and relationships for CBS College Sports Network. He was named a recipient of the Sports Business Journal's "40 Under 40" Award recognizing the most powerful and influential people in the sports business under the age of 40 in 2008 and a recipient of the MultiChannel News 40 under 40 recognizing the most influential people in cable Television also in 2008. From 2001 to 2009, Pernetti also worked as a football analyst for Rutgers Football and Sports USA Radio network's coverage of the NFL. He also was a regular TV contributor as a college football analyst on SNY in 2006 and 2007, and performed TV game analyst duties on FSN and ESPN Regional Television from 2002 to 2005.
On April 1, 2009 Pernetti began work as the Director of Intercollegiate Athletics at Rutgers University as part of a five year contract. In the role he oversaw 24 men's and women's sports, fundraising and development, a staff of more than 200 employees and also oversaw coaching searches and hires in men's and women's sports. Pernetti is credited with transforming the business of Athletics at Rutgers having delivered more than $100M in new revenues to the Athletic Department in four years through sponsorship and naming rights agreements, fundraising, and development of new businesses. He oversaw the expansion of Rutgers Stadium from 41,500 to 52,454 in 2009 and developed plans to renovate the dilapidated Rutgers Athletic Center (RAC) and prior to his departure had reportedly raised private funding for the project of $18M. Most notably, Pernetti is the architect of the historic agreement to bring Rutgers to the Big Ten Conference in 2014. The agreement transformed and secured the future of Athletics at Rutgers while admitting Rutgers into the Committee on Institutional Cooperation providing the elite level of academic collaboration. It has been widely reported that the agreement will bring more than $1,000,000,000 in incremental revenue to the University in Conference revenue sharing and research dollars. For his efforts, Pernetti was named one of the five candidates for Sports Business Journal National Athletic Director of the Year.
Men's basketball controversy
Pernetti came under fire in April 2013 when a video surfaced showing men's basketball coach Mike Rice abusing his players during practice. The video showed Rice throwing basketballs at players, including at their heads, kicking players, and calling players homophobic slurs. When Pernetti was made aware of Rice's behavior at team practices, he opted to suspend Rice for 3 games, fine him $50,000, and require that he complete anger management courses.  However, Pernetti chose not to fire Rice, and the reasons behind the discipline were not made public. After ESPN's Outside the Lines aired the video on April 2, 2013, many expressed their disbelief on blogs and on Twitter that Rice had not been fired and that Pernetti should now be fired for his leniency toward Rice, whom Pernetti had hired as one of his first major acts as Rutgers AD. When school president Robert Barchi saw the video for the first time on the night of April 2 (though he had signed off on the decision to suspend Rice in November), he called in Pernetti and told him that Rice had to leave immediately. Rice was fired the next day. On April 3, Barchi told Pernetti that he also had to go, and gave him the option of either resigning or being fired. After two days of negotiations, Pernetti resigned on April 5.
Pernetti sits on the board of directors of the REED Academy, a school in Oakland, NJ serving children with autistic spectrum disorder. Pernetti also sits on the Board of Directors for the Christopher and Dana Reeve Foundation, and Team LeGrand, the recently formed foundation of former Rutgers Football Player, Eric LeGrand. He and his wife Danielle have three children.
- "Tim Pernetti appointed as CBO". nycfc.com. September 9, 2013.
- Caldwell, Dave (February 26, 2009). "Former Rutgers Tight End Is Named Athletic Director". The New York Times. Retrieved May 29, 2013.
- "Practice video shows Rutgers basketball coach Mike Rice berated, pushed and used slurs against players - ESPN". Espn.go.com. 2008-01-01. Retrieved 2013-04-03.
- "Rutgers athletic director Tim Pernetti and school president Robert Barchi need to go, too - ESPN New York". Espn.go.com. 2008-01-01. Retrieved 2013-04-03.
- Associated Press (2013-04-05). "Report: Rutgers fires AD Pernetti". Fox Sports. Retrieved 2013-04-05.
- "Home". REED Academy – board of directors. Retrieved April 29, 2013.