The team was blown out by No. 13 Louisville on Friday night.
President Theobald said in an email to coaches and board members that the notification was "not unexpected."
Team began Texas road trip with a loss.
The losing streak was snapped, but the damage is done.
Led by a 21-point effort from Will Cummings, Temple beat Rutgers 88-82.
Administration is slated to meet with representatives from eliminated sports.
Transfer from Millersville deals with athletic cuts for the second time in his track & field career.
Winless in The American, the Owls are off to their worst start in 13 years.
Without Will Cummings, the team falls to Cincinnati.
Indoor season picks up after winter break.