> Except for a few, elite sports schools the funding for sports comes, in large part, from student fees and the general academic fund.

Citation or definitions needed.

For example, while Stanford is elite in some ways, it isn't a sports school. However, its "big athletic programs" (football, basketball, baseball, and possibly tennis) are more than self-supporting via directed donations and tickets.

The profits are used to fund less lucrative sports.

Yes, including the newish football stadium.