Is there a law that states a university HAS to offer scholarship-based sports? I don’t believe there is, only that they have to offer equal representation between men and women. If you’re a mid-major D1 or D2/D3 school without a football program, you’re screwed. These entire athletic departments are funded on revenue generated from the NCAA tournament. Why does the B10 or the SEC need the NCAA going forward? The NCAA exists, or existed, to regulate amateur athletics. Now that amateurism has gone by the wayside, it’s existence to the P5 conferences is meaningless. What is stopping the P5 schools from breaking off, negotiating their own TV contracts, and keeping more of the pie to themselves?