Simply put, JP has a "hierarchy" about which money-losing sports are important, and wrestling is not important to him.
Again, women's bball loses $1 mil a year; I doubt wrestling is close to that. Let's look at head coach salaries:
Bill Fennelly's base salary - $585,000
Kevin Jackson's base salary - $131,000 (Cael's was reportedly a little higher)
That says it all right there.
What if we had offered Cael $585,000?
Can you put that in terms of where it ranks relative to their colleagues?