The head cheer coach was fired a few days after the photos surfaced then on Wednesday Lisa Love made the announcement. I doubt this was a coincidence, regardless of what Steve Hank says.
There will be game day performers, the Spirit Squad (all female) & Yell Leaders (all male) but no stunting and no place for actual cheerleaders. Just dancers and men who want to hold signs and megaphones. That is not a cheer squad. So Steve Hank is incorrect, they absolutely are eliminating the cheer squad.