A lot of the travel expense is hotel and providing every meal to coaches, players, and support staff when they are on the road. Traveling exclusively by charter bus vs the teams that have to fly some would save money, but not slash the travel budget by well over half. Its a less expensive alternative to a portion of the travel budget.
Equipment/supplies/unforms would be on the lower end of the range for women's sports, but you still have all of the athletic training supplies etc. Saying it will be on the bottom end of the range is fair, saying they will spend close to nothing isn't realistic.