I haven't read all of the posts in this thread, but this IS a big deal. The scholarship reduction in and of itself is huge. Cuse essentially will be able to recruit one, maybe two kids per year, because they will only be able to have 10 scholarshp plays from 2016-2020.
That should mean that in a few years, the team starts to fall off, because no big time recruits are going to want to go there. There will be so much negative recruiting against Cuse, I just can't see top 25 guys still going there.
That then leads to the trickle down effect of less talented players, and the self-inflicting cycle of a second tier program. Add Boeheim leaving, coaching uncertainty, and the fact that it is Syracuse for g-d's sake, this could be very bad for Cuse. It may not be immediate, but the dominoes are in place. I was hoping for a post-season ban next year, because that would likely have caused their 15 recruits to bail, but this will hurt them big-time, it may just be a slower bleed.