Rice officially introduced as Rutgers new hoops coach

NCAA Basketball Betting Lines

05/06/2010 - Piscataway, NJ (Sportsbook Betting Lines) - Rutgers officially introduced Mike Rice as its new men's head basketball coach at a news conference on Thursday.

"I'm so excited and appreciative of the opportunity and challenge that lie ahead of us here at Rutgers University," said Rice. "The University has so much to offer. I have seen firsthand the incredible passion that the Garden State and the metropolitan area has for basketball. Our team will have an identity that matches that passion and intensity each and every day. We will build a program that everyone in the Rutgers family can be proud of."

Rice, a native of Pittsburgh, Pennsylvania, agreed to a five-year contract that will run through the 2014-15 season with a guaranteed average yearly salary of $650,000 per season.

Rice led Robert Morris to a Northeast Conference title and a NCAA Tournament appearance in 2009. The Colonials nearly upset Villanova in the first round. He tallied a record of 73-31 in three seasons at Robert Morris.

Fred Hill, the former Rutgers head coach, resigned in April stemming from an incident where he yelled obscenities at Pittsburgh coaches during a home baseball game. The school later reached a financial settlement with the former coach.

Hill finished 47-77 in his six seasons with the Scarlet Knights and a dismal 13-57 mark in Big East Conference play.

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