Let me play devil's advocate for a moment (I do think it is unfair FWIW)
Are tennis, wrestling, and swimming really worth spending $1MM on? I'm guessing the $1MM goes towards things like NCAA fees, scholarship, sending kids to/hosting meets, coaches' salaries, and uniforms. Assuming the 6 coaches get about $50k (I have no idea, just a guess considering the region, sport, and it's a nice round number) that leaves 700k divided among 70 kids, or $10,000 per person per year. Considering that tuition is $5000/year (and I'd guess not all of them had full scholarships, meaning higher portion of the money was spent on equipment/meets/etc), that is a lot of money to spend on a non-revenue athlete.
Having said that, the article also mentions "ASU's athletics revenue was $53 million in 2007" - they really needed that extra million? Really?