If it is a done deal I would suggest anyone affiliated with football, wrestling, cheerleading, etc. who are not in support of the schools plans to immediately transfer schools - get U hauls lineup and do not drop another dime in that town.
Rent u hauls from out of town, do not spend a dime on gas there, do not buy lunch in town, pack your lunches, terminate your leases, a mass group leaving all at once would have a huge economic impact on that town. Start shopping for a new school - finish the semester and pack up. Get the media involved.
Loyality to the University, the city, and the State University system may take a bit of a back seat. What would it mean to the school if 1000 students left tomorrow and found schools in another state.