It's hard because you have to separate the costs of running an AD and all the non-rev sports.
If you just separated out football and focused on that...the math would make sense for a lot more schools. But if you're including the cost of scholarships and the budgets for every sport...yea, there's no way, it's all bad.
And nobody talks about that -- the bargain before was that revenue sports subsidized a lot of good and scholarships in other sports. Now, that part of the trade is essentially gone. Either schools have to subsidize those sports on their own because they deem them valuable, or they have to figure another way out.
And I suspect you'll see a challenge to Title IX before the Supreme Court before long if another fix doesn't happen in Congress or with the conferences.