Which adds to the problem. As long as they choose to participate as an “institution” they are subject to title IX. It’s highly possible woman playing volleyball at a money losing institution like Kansas state can demand to be paid as much as women at Nebraska. It can also cross across from men’s programs to woman. The point guard from the woman’s team at Kansas can demand the same as the point guard from the men’s team regardless of how much is made.
It’s highly possible, without changes to title IX that for an institution to participate in sports they will be required to pay every participant the same amount of money regardless of profitability and be funded by taxpayers. Either that or drop most sports. Even then, most schools would probably have men’s football and basketball only while still having equal participation on the woman’s side with equal compensation.