Show me the numbers.
Everything I've ever seen from any school shows that athletes, and students that were involved in athletics like Band and Cheer, gave back more to the university than the average student.
Last I checked, the NSIC only allowed schools to split 28 scholarships among the football team. Most of the guys are getting maybe an 1/8th of a scholarship to play ball there. That means that a lot of them are paying to be in school via student loans that so many of us are familiar with.
I'm just going with some back of the envelope figuring here. If you really want to prove me wrong here, go get the real numbers, that shows how much the football team costs to run, how much SCSU gets from the players themselves, advertising at the stadium and on the radio, what SCSU gets back from alumni in donations, everything. I would be very surprised if football is so expensive to run that dropping it would be worth the bad PR and goodwill in the community to drop it.
Besides, you guys are forgetting the greatest benefit that the Football team has to offer. Gives you a chance to have your livers in shape for Hockey Season.