This argument only makes sense if you have an effective Athletic Department (one that’s able to successfully produce bountiful income for the school). Colorado’s Athletic Department has proven to be terrible managers of their resources over the past two decades. They have not earned this deference that this theory requires.Yes, but when the admissions department knows that their success is tied to the football and basketball team success they don't need to be told what to do.
"Can we find a way to let these guys in?" doesn't need to have a couple bills accompanying it. It needs to come after the president just mentioned to the dean of admissions, again and for the 47th time, that when the football team succeeds, applications go up and if applications go up, he can actually justify those raises.
BTW, the schools who are actually successful at sports do not follow your proposed model. All of them follow the model I’ve outlined.