More than two years after admitted NCAA violations and allegations of point-shaving shut down the Tulane men's basketball program, the school's Board of Administrators has called for the return of the sport.

The panel approved a sweeping proposal Thursday calling for reinstatement of men's basketball, construction of a new multimillion-dollar facility to house the athletic department and renovation of Tulane Arena. The board also proposed launching a $25 million fund-raising campaign for athletics.

"It was time that we either fished or cut bait in sports," said W. Kennon McWilliams, chairman of the board's athletic committee. "The board decided to go fishing."

The men's basketball program was disbanded April 4, 1985, following allegations of point-shaving involving John (Hot Rod) Williams and several other players and students.

"I think this is a great day for Tulane," said McWilliams. "I can't remember any school of our type ever making such a commitment to intercollegiate athletics." . . .

University of Texas assistant athletic director Ken Dabbs will be given a letter of reprimand by the school, university president William Cunningham says.

Cunningham said the reprimand is being issued even though the NCAA and Texas dropped a charge of ethical misconduct against Dabbs.

Then recruiting coordinator, Dabbs was named in five of the 38 violations that resulted in Texas being placed on two years' probation. Cunningham earlier sent similar letters to head football coach David McWilliams, assistant coach John Mize and team physician Paul Trickett for their roles in rules violations . . .

Iowa wrestling coach Dan Gable suspended all-America wrestler Brad Penrith, 22, who has one year of eligibility left at Iowa, indefinitely after Penrith was arrested for the third time in 13 months. Penrith pleaded guilty to charges of disorderly conduct and public intoxication and was fined after a fight Tuesday in front of an Iowa City bar.