first, this is a nothingburger story.
However, me thinks the Chancellor and 'UW' ought to get on the same island. Of course the lawyer in me sees the UW headline and thinks, well that statement doesn't exactly contradict the Chancellor. The Chancellor says (or is attributed as saying) they are ('the') considering two options. 'UW' is attributed with saying that there are 'no plans to stop offering athletics.' If spoken in the present tense, both statements could be true. Amateurs aren't being paid, now, thus there are no plans to stop offering athletics.