This image is...

a) a metaphor for the Syracuse football fan's inner child, who proudly wears his 44 jersey as a reminder of what once was but feels such frustration towards the program, represented here by an impotent & defenseless Otto laying on the ground, that they want to pummel it with their fists in a fit of rage until their knuckles are bloodied as retribution for the last four years.

b) a kid punching a blow-up doll

c) both

Up to you to decide.  Mascot violence is in the eye of the beholder.