Yeah, but again, this comes back to a very good question - why should a publicly funded university be involved in operating a for-profit professional sports franchise? Because I definitely don't think a single taxpayer dollar should EVER go to funding or supporting such a thing. Not their equipment, not their stadiums, not their marketing, not their merchandise, nothing. Was the stadium built with taxpayer money? Then it's for the school, not the pro sports team that happens to play in it. If it's not a scholastic endeavor, if it has nothing to do with providing opportunities to get an education for kids who play a sport, then it has no business getting a dime from the people or their taxes. They want to be in the business of pro sports, then put on their big boy pants and be pro sports teams. On their own.
Now, I know, here it comes, the usual litany of "they've alwaaaays been professional sports franchises." No, no they haven't. They were not always operated as such. That's reductive for the sake of convenience. Only in the past 20 years have these things mutated into these mini-pro sports teams, once the TV money really set its hooks into things, and the conferences (and schools) really sold out.