With the revenue sharing and additional scholarships, I think it's more likely that schools drop sports than add new ones. When you add 20 million in revenue sharing, cost of 60 more scholarships, I see poor revenue producing men's sport getting cut.
ADs aren't going to cut football or basketball as they generate all the money. Basaeball or Hockey are the next best revenue generators dependent on the school, even though they still lose a bit of money. Women's basketball is the biggest money loser, but cutting it would be very unpopular with the press. I'm just not seeing additions to the budget, more likely to start cutting teams, could be both men's and women's teams cut at schools not in the B1G or SEC. All these changes are really going to put a financial hurt on most schools.