I will reiterate it again. College football, by itself, poses virtually no risk to participants from The Germ. The problem will be if there is a daisy chain outbreak that someone can trace to a particular game or program. A ball player's 68 year old grandma who catches The Germ ain't a party to any sort of contractual or quasi-contractual relationship between the ball player and the school providing for exculpation. The materiality of a potential judgment (or handful of judgments) stemming from a fact pattern where the schools operate with little regard for the external consequences of the football program spreading The Germ is massive and substantially overshadows the revenue side.
The coaches and the ADs are not the stewards of the overall balance sheet of the university, the presidents are. The balance sheet of the University of Iowa is 1000x more important than any single football season. The fact that there is trepidation about holding the season is prima facie evidence that it is probably a bad fucking idea and if I was a forward thinking university president, I would be scared shitless of the deposition in 18 months in the lawsuit where I have to defend my decision to go ahead with the season. That will create what is called in the legal industry some "asshole puckering moments."
That's obviously what they are the most worried about. Since nobody is even considering packing the stadiums full of fans it's all about the players/coaches and employees that make it all go possibly catching it. I don't get it though. Like all the meat packing plants Smithfields, Tysons, etc that all had to shut down for awhile with a ton of cases we never hear about them anymore. Did their employees that got sick get to go sue their employers at all? I would think it's as simple as each individual takes upon attending work, school, sports whatever upon themselves. Minors are obviously a different story needing parental consent but as adults it is what it is. So if liability is the only/main issue I would hope that's not going to end up holding things back at the end of the day. If it's about actually not transmitting it due to health reasons then at least that's legit.