For example, the baseball team gets 11.7 scholarships. A "scholarship" baseball player typically gets either tuition paid for or their room and board paid for, but not both. There are about 35 baseball players on the team, so some players are not getting scholarships, or they're getting 1/4 scholarships. Baseball will get 11.7 X $4,500 in stipend money to be split among the baseball scholarship athletes. A typical baseball player on scholarship will get $2,250 or less with the new stipend.
When you look at track, the numbers are even worse. There is something like 100+ track and field athletes and about a dozen scholarships. I don't know if only a handful of track athletes get a scholarship, or if the scholarship money is divided up so that each athlete is getting a 1/10 scholarship. If this is the case, then each athlete will pocket $450 or so per year.