My understanding is they still have about 30 players on campus. How many of those graduate before 2016, I don't know. Seems to me they need to be getting a few kids now 2015 class, who can redshirt this year, who liklely are borderline type players just for #s reasons. Then apply with NCAA for a waiver for 2016 on #s.
Even if they make this work, I am not sure all these donors/fans will hang around with really bad teams for 4 or 5 years.