Rutgers University Athletic Director, Tim Pernetti, resigned from his post Friday, two days after the head basketball coach, Mike Rice, was fired for being abusive to players.

Pernetti resigned over his failure to immediately fire Coach Mike Rice.

Rice's unethical behavior was shown in a video, which was broadcast by ESPN, Tuesday. This video sparked outrage among students, faculty, state legislators and fans. The New Jersey Gov. Chris Christie wanted the university officials to suspend him. The tape was shown to the athletic director sometime in November itself.

Rutgers University President Robert Barchi, who actually looked at the tapes only late Tuesday, suspended Rice immediately, Wednesday.

Rice Suspended In December

Last November, Pernetti was given a copy of the tape by a former employee, Eric Murdock, and an independent investigator was hired to review the video excerpts.

The video showed Rice shouting at players, 'You f**king fairy ... you're a f**king fa**ot,' throwing basketballs at players, hitting them in the back, legs, feet and shoulders, grabbing players by their jerseys, yanking them around the court and yelling obscenities and gay accusations.

The video excerpts shot between 2010 and 2012, had caused Rice a three-game suspension, a $75,000 fine and admission to anger-management therapy classes in December.

Following this review, the management decided to closely monitor his behavior.

Once his suspension period ended, he was again retained as the team's head coach. Rice promised the management that he will try and work on his temper.

Pernetti, 42, feels that his decision to rehabilitate him in the best interest of everyone was wrong. He said that when he first watched the tape, he wanted to fire him immediately. But University policy prevented him from doing so.

Along with Pernetti, John B. Wolf, Rutgers' interim senior vice president and general counsel also submitted his resignation. Wolf is also known to have supported Pernetti's decision, taken last November.

On Thursday, men's basketball assistant coach Jimmy Martelli too resigned.

Barchi said that the university will soon appoint an interim athletic director.

Donors threatening To Pull out

In the wake of the resignations of Rutgers men's' basketball coach, assistant coach, athletic director and interim senior vice president, two of Rutgers' leading donors have threatened to cut their contributions.

Tom Mendiburu's High Point Solutions paid $6 million for the naming rights to the university's football stadium.

"We've invested so much into RU and now I'm not even sure who we turn to. Very sad day and I'm sorry Pernetti had to go through this," Mendiburu tweeted, reported NPR.