The professor's piece is not well researched or thought out. And frankly, it's ignorant. If one of his students turned in such shoddily researched work, I'm sure he would fail them.
That said, we, as die hard fans, can't expect the faculty, staff or general public to dig down into the true financial footing of the program. They see a 9 figure stadium expansion and are sitting in offices with no heat. One isn't the result of the other, but as someone who sat with them for two years (with my jacket on during office hours), it's frustrating. In 2 years on Douglas, my office never had heat, flooded 3x, had ceiling tiles fall on my laptop while I was teaching and the AC ducts had visible mold on them.
Decades of delayed upkeep have put a faculty already against big time athletics in an even worse mood.