> We should have well developed minds and bodies.
Indeed so. What does that have to do with enshrining football or basketball? Have basic PE... but sports are a pointless and expensive appendage on an educational establishment.
LOL...do your homework! Locally the band, cheerleaders, and sports teams that don't have strong parental booster associations don't proper.
The school doesn't subsidize the football team; the team helps the school prosper! Gate receipts for each team can be about $20k-30k each week.
I'll bet that the chess club and drama clubs contribute far less financially to the school than the football team does.
Obviously we don't place the same values on challenging and developing the mind and body. But that's ok.