News reports last night and this morning say Rutgers is reconsidering its decision to retain Rice. I'm betting the university is trying to figure out how it can now fire him after earlier deciding to just suspend him for three games, fine him $50,000 and very likely put a stern warning letter in his file with an outline for remedial action. Nothing has changed since then except the video has become public in the last 24 hours. If Rice has behaved himself since December, as it appears he has, and has followed whatever steps were directed at the time, he could make a case that the university is now only reacting to public pressure and not following its own personnel procedures.
Rutgers has a legal and a PR nightmare on its hands. If they fire Rice, they likely are going to have to pay big money to make him go away, and I'm not sure that's money Rutgers has socked away in the bank.
The AD, Pernetti, may also be in hot water if it is determined he did not act forcefully enough when he first became aware of Rice's treatment of his players.