Best parts of the response-
"This decision – in no way – reflects a diminished commitment to athletics,"
Really? Obviously, that's exactly what it does reflect unless they don't consider wrestling as a part of athletics.
The university will continue to honor all scholarships for any impacted student-athletes. Additionally, the university will provide support to any student-athletes in the wrestling program who wish to transfer.
Which under the currect NCAA environment means they don't have to do much of anything!