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This would be how it already is if only they could get around Title 9.I'm saying the model of the school giving money to students in exchange for playing those sports is gone. If the students want to continue to compete in that sport, they'll be able to do so. They just won't have scholarships, paid coaches, facilities, travel budgets and everything else which goes in to fielding an NCAA sanctioned D1 sport.
But... the conferences would also have to break up so that schools wouldn't be required to field a minimum number of teams.