Setting aside the minimal physical danger of being hit by a thrown piece of rubber/silicone, yes, I think it is hilarious.
I also find the Streisand effect response of the players and league to be high comedy.
I also find the usual response of the American Prude to be hysterically comical.
All in all, this meaningless molehill has brought loads of humor in the dog days of summer as we all await fall sports. You can also get off your parental high horse. Your children are your responsibility and none of us are obligated to consider their age or maturity level. That is your job. If you avoid having uncomfortable conversations about sex and sexual politics with your daughters throughout their childhood, then you are not doing your job. Teach your children to be well-adjusted adults, not sheltered snowflakes that wilt at the thought of a dildo.