So maybe this is Wellman's final play to eliminate the athletic department, and thus his job, by releasing spurious and libelous claims in a press release about an individual no longer employed by the university, which are sure to garner national attention based upon the potential implications of a broader and more wide-reaching issue? Such hubris in that one.
You're totally right. That's much more plausible than taking a factual statement at face value because they didn't, nor are they required to, publish all of the evidence uncovered as part of their internal review, likely due to the exploration of civil remedies available to the university and/or its affiliates.
Sorry your friend completely and unfathomably betrayed your trust and everyone else's too, hopefully not as sorry as he is.