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Beyond magnet schools, there are private schools that students need to apply for and/or test into. Like magnet schools, there are a wide variety of them and some are crappy and religious, but a lot of others are essentially schools for smart kids that focus on getting them into good colleges (usually called prep schools when this is the main goal).
Some can be very expensive and cost more than many colleges, but because of that you can find ones with a ton of money (sometimes into the billions) that accept students based on their testing and application alone without considering their financial status, called need-blind acceptance (that article only mentions colleges but it applies to these private schools as well). If a student is accepted need-blind and can't afford tuition the school covers the entire cost. Other schools that aren't need-blind offer varying levels of financial assistance for students who are accepted.
In terms of sports, prep schools (especially the wealthier ones) tend to have a lot of different ones, even sports that aren't usually offered in public schools (crew aka rowing is an example). Check out this list of sports from Phillips Academy, for example. College admissions in the US includes looking at "well-rounded" students, so competing in (time-consuming) sports while maintaining academic performance is one way to show your ability to handle time-management, etc. This means you might get kind of jocky type students, but they aren't really the dumb variety you see portrayed in movies.