ScoopKona
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I've seen articles that show only a few schools end up making money off football because it is so expensive.
And they're probably not making any money at all on their crew teams or field hockey. But if you take the aggregate, you can see that college sports pays for itself. And then there's the donations and bequests -- that's why the university presidents roll the dice on coaches. Take away Duke's basketball team, and watch how the alumni react.

NCAA Finances: Revenue & Expenses by School - USA TODAY
Which are the most profitable college athletic programs in the country? See a ranked listed, including total revenue and expenses. Brought to you by USA TODAY.
sportsdata.usatoday.com