Ahhhh once again Title IX rears it's ugly head.....
http://sportsologist.com/college-athletics-by-the-number/
For the record nearly half of men's football and basketball programs are money losers. Even then the accounting is sketchy and it's quite likely an even smaller percentage break even.
I went to Notre Dame and contrary to its reputation of developing true "student athletes" it's as corrupt as any other program. Football players have access to "special study sessions" where answers to tests were handed out. They can also attend special summer classes where three semesters of credit are awarded for a few weeks of class.
Picking on title IX is like complaining about jay walking tickets in Detroit...just plain idiotic.