No sports will need to be sacrificed at CU because Title IX is still there and that will probably impact athlete pay to where all athletes would receive the same base pay in addition to the athletic scholarship they are on. NIL deals will mean football and basketball players would earn more anyway and those NIL deals could exceed what they earn from the school anyway. This probably will have an impact on the facility improvements that the CU AD wants to do.
The revenue sharing cap (think salary cap) is estimated to be at $20.5M. Only 29 schools exceed that revenue sharing cap. Once the new Big 12 media rights contract kicks in, you could add KU and ISU to that list.
Also CU is only ahead of Oregon State, Washington State, Houston, UCF, Cincinnati, and because the data being used probably predates the recent realignment. You can pretty much cut OSU & WSU out of that discussion because their revenues will decline with a smaller Pac-12 media rights deal and then there is the fact that UH, UCF, and UC have yet to receive full Big 12 payments so those three (and BYU) will be able to bridge the revenue gap with CU. I think the latest data is from 2022 in this case which would predate Coach Prime and the revenue bump CU got as a result.
CU AD just needs to increase the revenue to where CU's 22% at least exceeds the revenue sharing cap. You can bet that football will be used in that case while any potential renovations to the Events Center seating & other CU facilities will be put off. Hence the Folsom Field west side renovations.