Deadspin must not have realized he said Olympic sports and not Olympics.
But if the Power 5 conferences form their own division; then they will set the rules for themselves. The power 5 conferences is about football first, second and third. The rules will most likely state you need to have a minimum $xxx football budget, a minimum number of coaches trainers etc (I could see their being no upper limit). If a school in the power 5 only has two or three men's sports who cares as long as football (+ maybe basketball) is one of them and it is funded at the power 5 conference level. Women sports will have to be funded similar to men sports. So the more money you spend on extra men's sports like wrestling, baseball, track etc...then the more you will have to spend on women sports. For ISU you cut all men's sports except football and basketball. You then match that by spending the same amount on women sports to satisfy title IX. All 'other' men sport will become club sports.
I'll bit on curiosity: Does he genuinely believe this, or throwing it out as the classic scare tactic to say "Don't mess with what we're already doing?"
Bold statements like this sound fishy to me.
.My guess is it's a scare tactic, sort of like how Jim Delany (Big Ten commissioner) will say things like "the future of the Big Ten might be a lot like the Ivy League, with a re-emphasis on academics over athletics". That's basically code for "support the status quo (which has been very lucrative for us) or your beloved Ohio State Buckeyes might go the way of the Yale Bulldogs and fade from relevance".
My guess is it's a scare tactic, sort of like how Jim Delany (Big Ten commissioner) will say things like "the future of the Big Ten might be a lot like the Ivy League, with a re-emphasis on academics over athletics". That's basically code for "support the status quo (which has been very lucrative for us) or your beloved Ohio State Buckeyes might go the way of the Yale Bulldogs and fade from relevance".
In regard to CW's jab at baseball fans... I know that the return of baseball to Iowa State has almost no chance of happening. However, I think for universities that have baseball, it is likely the safest of all of the sports that aren't football or basketball. Ticket sales at college baseball games is pretty high, and growing at some universities. Most programs are close to self-sustaining, and some have as large or larger crowds than minor league teams. The very fact that baseball teams can actually generate ticket sales puts it one step above the rest of the men's college Olympic sports.