UCF (FTU at the time) was actually still educating students when I graduated in ‘75. Before it got into big time football.
Any college that receives tax dollars should have no competitive athletics. There is no upside except for the people who get excited about watching such things. The downsides for most students are significant.
College sports = corruption and are a distraction from the training of minds.
I’m sure minor league teams of various sorts could take the slack.