I ran on scholarship in the 80s at a big D1 school before Title IX and it was not a robust system then-a few talented football and basketball players were clearly paying for everything. A lot of the money that they were not paying Michael Jordan or Lawrence Taylor was going to low-interest sports like track and XC. Our sole utility was keeping the department's GPA up and we were not that great at that task.
Title IX, the large run in tuition costs (3-4x inflation), and the football and basketball arms race changed everything. Big sport coaching staffs now make Silicon Valley salaries and need increasingly upscale facilities. Once these items are paid for, resources must be spread out among the remaining sports. But the remaining sports have a problem aside from extravagant major sports spending in a post title IX world, they have to add 85 female spots (or drop an equivalent amount of male spots) to make up for football. So you drop some men's sports (i.e.Maryland track, once a marvel of a program) and hopefully concentrate resources on sports that women only play-field hockey, gymnastics.
There are two arguments here. One is that men's track will go the way of wrestling and the gymnastics-the arms race is getting worse as are tuition burdens. Two, the system is based upon underpaying questionable students to serve as minor leagues for pro sports. With image and likeness movement, this artificial monopoly is starting to erode. We need clubs, not colleges to run sports. Sports twist academic priorities and create whole departments that exist to serve underqualified athletes. My school ran a department whose head gave out 1200 A's for no class attendance and one paragraph term papers. It is just a lousy system.