I don't think you understand the situation. If the football team generates a profit of $150 million, that money is already being spent on scholies and team expenses for volleyball, gymnastics, golf, wrestling, hockey, etc. So if you spend $25 million to pay football players, there is now even LESS money available to pay the women's volleyball players.
Ohio State supports a whopping 36 athletic teams. Men's hoops makes a little profit but other than football, the rest of those teams are revenue negative. And now you're gonna pay all of them equal salaries? And of course Title IX demands that women be paid the same as the men.