The critical competitive infrastructure provided by the colleges themselves gets completely ignored when the argument of "exploitation of athletes" is being made.
The television money blows away anything you mentioned and more than pays for the facilities- which usually gets a massive boost from big money donors who want their names on stadiums, fields, etc.
Cincinnati, Florida State, USC and other major programs bring in millions upon millions from TV deals but don’t draw well.
The NCAA has been getting away with highway robbery for year- and most of it is tax free!!