A new era has dawned in the world of college sports. Here's what to watch out for

A settlement was approved in the case, House vs. NCAA , a class-action lawsuit that claimed the NCAA was illegally limiting the earning potential of college athletes.

With this settlement comes an annual cap, much like a salary cap in professional sports, and it is expected to start at roughly $20.5 million per school in 2025-26 .

The first checks will be cut on July 1 .