The fact that one of these wrestlers is a competitive state level wrestler is probably influencing events. I say slap him down and be done with it.
Forcibly shaving pubic hair is a "normal course of events?"
It is sexual assault. You want to call it something else. That's denial. That's enabling.
We don't have to accept this behavior as "the normal course of events." This is not alpha male horseplay. Let's call it what it is: twisted, perverse, and sadistic.