Some state lawmakers felt they'd been deceived and were calling for his resignation in the latest development in a scandal that broke last week when a video was made public showing Rice shoving and kicking players and using gay slurs as he yelled at them during practices.
Rice was suspended, fined and ordered to anger management counseling in December after school officials were first given the video by a former basketball program employee.
Since the footage became public, Rice was fired, an assistant coach resigned and so did Tim Pernetti, the school's popular 42-year-old athletic director. Pernetti, who was named last month as one of five finalists for the Sports Business Journal's athletic director of the year award, said in his letter of resignation that his first instinct last November was to fire Rice. But it's not clear if he made that recommendation to anyone else.
Who knew about Rice's behavior earlier and what they did about it has become the focus of fallout.
At a Rutgers Board of Governors is meeting Thursday afternoon, there are plans to discuss hiring an adviser to report on Rice's behavior and how the university handled it.
Meanwhile, lawmakers are planning hearings of their own to address some of the same questions.
Despite some calls for his job, Rutgers President Robert Barchi has received public support from Gov. Chris Christie and the chairman of the board of governors.
Barchi and Wolf jointly announced the lawyer's resignation on Thursday, saying "it is in the best interests of the university that Mr. Wolf resign from the university effective immediately."
He has agreed to work with a new general counsel on the transition during a tense time at the university. It's absorbing two medical schools effective July 1.
Wolf had worked at Rutgers since 1984.
"While I regret the circumstances surrounding my departure from Rutgers, I always will have very fond memories of the challenges and achievements that I have been a part of and the many colleagues and friends," he said in a statement.