Being an attorney, I hardly believe this is a bad decision. To begin with, the University is already at least marginally involved inasmuch as its present head basketball coach was last year the head coach of one of the assistants charged, during which time such illegal activities presumably occurred. So, now that the cat’s out of the bag, the Bureau is, in all likelihood, shortly to be knocking on his door. Moreover, in a high profile case such as this, you always want to stay on top of and a step ahead of the media. Had no statement been issued, you can bet questions would have been asked (like, starting tomorrow) and folks would speculate if no statement was forthcoming. Better to nip all of that in the bud. You have to be proactive — the “ostrich approach” of ignoring a problem simply courts public relations and media disaster in this type of situation.