I agree with this plan 100%. Gym class has served only one useful purpose over the years and that is it was used by the football/ basketball/ track coach to attract star atheletes for the hometown teams. IMHO, all sports should be cut from the school day, moved to after hours, and funded by booster clubs as it is done in many other countries. This should also be done with high school 'marching bands' which also seems to serve no useful academic purpose. Bottom line - schools should compete on their academic and vocational educational achievements, not on their ability to produce one or two star atheletes.
Texas schools only require a couple of credits of PE, while Pennsylvania schools required a credit each year -