I hear what you're saying jasonbk2 but I don't think it's fair to punish the kids. I think the adults need to step up in this case.
If you're a kid in high school athletics, you do what your coach(s) tell you to do. You might have knowledge what you're being told isn't legal or fair, but you respect their authority and position, and your own position on the team, and do what you're told. It takes a unique kid to stand up to a coach, and ironically that might be what occurred here, although I suspect it was a parent. So I struggle with the life lesson that would be taught by not letting the kid wrestle when they were just following coaches orders, even if they knew it was wrong.
The better life lesson might be for the adults to stand up, accept responsibility and self punish themselves. Yes, forfeiting wins is a punishment for the kid, but c'mon man, that's nothing in the big picture. Teach the kid what it means to be an adult and admit mistakes were made, offer restitution of some sort be it voluntarily sitting out the state series, 6 month off season hiatus (yeah, I know most coaches would think this is a treat not punishment), whatever is deemed appropriate and necessary. That would be the proper life lesson to teach a kid in my opinion...that as an adult, you stand up and take responsibility for mistakes.
Tough deal, I know the Coach is held in high regard..but this is a pretty serious deal what with death occurring for this very thing decades ago. I would love to hear what @ClownBaby has to say about the issue. About time for him to come out and get the Audi washed for States anyway.