My college considered dropping its PE requirement back in the 70s. From what I heard, a major reason for not doing so was because all the PE teachers were tenured and couldn't be laid off.
That's unfortunate. For some reason that reminded me of high school. The AP English teacher was notorious for being considered almost crazy. Her son was a classmate of mine too and one time he decided to flip a compressed air can upside down during class and spray his own arm.
It was well-known that your performance on class work meant very little, and your only opportunity to get a good grade was to bet on the extra credit "opportunities" that arose towards the end of the year. Basically, it all depended on how much she liked you. One girl gave her a ride to the airport and her grade miraculously jumped to a 4.0 after nearly failing every assignment.
She also happened to be the chair of the AP committee, and tenured. It wasn't until well after I graduated that the school was finally able to do something about her, which amounted to having her teach non-AP courses and removing her from the committee.
Ga. Tech had one in the olden days when I went there. Survival swimming, which involved things such as swimming the length of the pool underwater with a brick and staying afloat for an hour. I think we had to do another PE course in addition, but that may have just been my choice.