Northern Iowa is at their minimum for sports. I'm not exactly certain of which rule it is, but it's something like each school is required to have a minimum number of male sports and a minimum number of female sports in order to compete in Division I athletics. Someone else will have to look up the rule, but it was in the newspapers when UNI cut their baseball team.
At the UNI-IA State wrestling meet they announced that Sandy Stephens and her family had donated money in order to renovate the wrestling facilities.
The following statement is only a guess and should not be taken as based on any facts other than my own imagination:
It may just be that each sport may have to do more fund-raising in order to support themselves, otherwise they'll get things cut for them from their budget (like assistant coach positions and who knows what else.)