It used to have a lot more "foot" in it. In the 1980s, the school where I was in grad school won a lot of games by field goals, with the kicker often outscoring the quarterback. In the 1960's that same school sometimes punted on first down if they didn't like their field position and relied on the defense to get the ball back in better field position.
Before 1934 the American football was shaped like a Rugby football with rounded ends, and drop kicks were common for scoring field goals. The "Egg Bowl" is the annual game between Ole Miss (University of Mississippi) and Mississippi State. It is so called because the trophy is in the shape of the pre-34 football, which people now think looks more like an egg than a football.
The shape of the American football was changed in 1934 to have more pointed ends so that it would be more aerodynamic and that made the drop kick much more difficult because the ball would bounce unpredictably when dropped on its end. The last successful drop kick in American NCAA college football was in 1988. The last successful drop kick in NFL pro football was in 2006.