Article:Arizona State drops three men's sports -- wrestling, swimming and tennis; Blames finances

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A lot has happened over the last 18 hours regarding the news about the alleged dropping of wrestling at Arizona State University. A lot of rumors, message board posts, e-mails, IM's, text messages and phone calls have been circulating.

The one thing I have been informed by Arizona State Sports Information Director Alex Ryan is "The rumblings are true."

Update: 12:53 p.m. (Eastern)

The pending announcement from Arizona State's sports information office is expected to come "shortly," according to Ryan.

Sadly, this comes the same day Thom Ortiz had confirmed three additional signees to the Sun Devil program, including two talented Junior College transfers Joe Cornejo and Erik Nye along with High School All-American Jeff Meredith of Temecula Valley, Calif.

One member of the Arizona State wrestling team, who spoke on the condition of anonymity, said, "The athletes feel shut out by the administration."

Earlier this morning, e-mail correspondence between Ortiz and InterMat seemed to indicate these rumors were unjustified.

At 8:14 a.m. Eastern, Ortiz confirmed he had five signed letters of intent, including two from prior verbal commitments Te Edwards of Virginia and Eric Starks of Washington.

Update 1:02 p.m.

It's officially been released by the school: Click here for the release.

School citing finanical woes, despite the fact three teams are announced as being cut, men's wrestling, men's tennis and men's swimming. The school is "financially" cutting two teams where the same facilities are used for women's athletics, too.