Based on the admittedly vague description, sounds sensible to me. Non-profit universities were never good homes for "market" competition, so an anti-trust exemption is hardly a stretch.
On a more local level, provided the caps are not too low, this seems likely to benefit Stanford, insofar as the Alabamas of the college sports world can perhaps outspend us, but will never outclass us - in both sense of the word...on the other hand, we almost surely spend more total $$$ on sports than all but a handful of schools, so...
On a more local level, provided the caps are not too low, this seems likely to benefit Stanford, insofar as the Alabamas of the college sports world can perhaps outspend us, but will never outclass us - in both sense of the word...on the other hand, we almost surely spend more total $$$ on sports than all but a handful of schools, so...