That's the stance Old Dominion University is taking. They have brought back football to their roster of varsity sports (to take effect 2009) and say they will remain compliant with Title IX by adding three women's sports. The first will come a year before the football team comes back. Crew will be in place next academic year (2007-08). Softball and volleyball will be added at 2 and three-year intervals.
One always worries a little when football gets added to a roster but it seems like ODU has thought this through. And I think it's a sign of commitment that they will add crew before bringing back football.