Now that Oregon State has won consecutive NCAA titles, Oregon is reinstating varsity baseball.
http://www.oregonlive.com/sports/oregonian/index.ssf?/base/sports/1184383524265840.xml&coll=7
Dropping wrestling, adding competitive cheer. Competitive cheer?
The theory at work here is that baseball has better revenue potential than wrestling. Putting theory into practice, eh...
Another thing... an article last month discussed this possibility in conjunction with U of O and the Eugene Emeralds (class A Northwest League) going in together on a new stadium or a substantial upgrade of Eugene Civic Stadium. It'll be interesting to see how that all comes out, though I know Nebraska and Penn State seem to have somewhat similar arrangements with pro teams (Penn State has three locker rooms due to some sort of incompatability between NCAA regs and minor league standards... Nebraska shares with an independent league team).