Using your same argument, LCHS should disband completely and let all the previous high schools (that consolidated to form LCHS) crank up their own football programs so that more kids could play football...but not have opportunities for auto shop, machine shop and other vocational programs that a large school can afford...but you'll still spend more tax money to do it, since you'll need more teachers, principals, janitors, etc.
Think about it...when the Fayetteville City Council voted to form their own city school system (never mind that LCHS wasn't overcrowded at the time), who really benefited? Folks who deal in finance and folks who deal in real estate. Now, what are the professions of the folks on the city council? Hmmmm....