On Sunday night, Indiana decided it would not accept a bid to the College Basketball Invitational, a 16-team secondary tournament in which teams pay for their participation.
"Finances wouldn't be an issue if we thought it made sense," Indiana athletic director Fred Glass told The Indianapolis Star. "But we're Indiana. We don't play in the CBI."
This is the fourth time in coach Tom Crean's six seasons with Indiana that the team's season ended after the Big Ten tournament. The Hoosiers made the Sweet Sixteen the other two years, including 2013 as a No. 1 seed.
Indiana had four home wins over ranked teams this season — Wisconsin, Ohio State, Michigan and Iowa. SI WIRE: Report: Knicks coach Mike Woodson could wind up at Indiana