The Indiana Hoosiers’ absence from the NCAA Tournament has once again sparked debate across the college basketball landscape. The Hoosiers missed the prestigious March Madness for the third straight season, and their tough situation this time drew even more attention after reports revealed that the program operated with one of the largest budgets in the country — roughly $32 million.
Given Indiana’s massive history and resources, the gap between spending and results has left CBB analysts questioning what has gone wrong in Bloomington.
Massive Budget Raises Questions About Indiana’s Results
Despite finishing the season with an 18-14 overall record and holding some notable wins, Darian DeVries led the Hoosiers to fall short of the NCAA Tournament field in his first full stint. The Selection Show placed the Hoosiers as the fourth team left out, confirming their absence from March Madness for the third consecutive year.
While the hiccups were real, the financial data only intensified the scrutiny. College basketball insider Matt Brown explained that several factors inflated Indiana’s reported spending, including major severance costs tied to coaching changes.
“Part the reason Indiana’s number is so high is because the program reported spending $7,767,591 on severance payments, presumably related to former head coach Mike Woodson’s termination. That number was nearly three times more than the second highest severance payment (Louisville) in FY25. Throw in team travel and administrative expernses that were both in the top ten in the country, and there you go. Huge budget number.” Brown wrote in his latest report explaining Indiana’s situation.
Even with that context, the final figure highlighted the enormous financial investment behind the program.
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College Basketball World Reacts to Indiana’s Tournament Absence
As the spending numbers circulated online by Matt Brown, several analysts and media figures shared strong reactions on social media. Many pointed out that Indiana’s financial advantage should translate into far better results.
Carter Elliott of Sleepers Media questioned how a program with such resources could still miss the tournament: “Being a team on this list and not making the tournament is nasty work.” Elliots posted on X.
Being a team on this list and not making the tournament is nasty work https://t.co/Ju4pjLkcIi
— Carter Elliott (@CarterElliott__) March 16, 2026
Longtime Indianapolis columnist Bob Kravitz also criticized the lack of return on investment from the program’s spending: “Nobody gets less bang for its buck than IU.”
The criticism became even sharper when The Field of 68’s Jack Grossman highlighted the scale of Indiana’s spending compared to other programs.
“Indiana spent roughly 9 million more in expenses than any other college basketball program yet couldn’t figure out how to make the NCAA Tournament. Once again, the program is fundamentally broken.” Grossman posted on X.
Indiana spent roughly 9 million more in expenses than any other college basketball program yet couldn’t figure out how to make the NCAA Tournament.
Once again, the program is fundamentally broken #iubb https://t.co/LLv8mF2a0g
— Jack Grossman (@JackGrossman97) March 16, 2026
Kentucky Sports Radio host Matt Jones also reacted to the numbers, emphasizing how far ahead Indiana was financially compared to the rest of the sport, writing: “Indiana spent $9 million more on basketball than any other program and didn’t make the Tournament.”
Meanwhile, Yahoo Sports columnist Dan Wolken summed up the situation bluntly after reviewing the spending data, “Rough look for Indiana here.”
Gregg Doyel of IndyStarSports argued that a program with Indiana’s resources should never miss the tournament, particularly in the modern NIL era.
“This is incredible. Nobody spends more than Indiana. It affirms what I wrote last night – that the Hoosiers should never again miss an NCAA tournament. Not in the NIL era. Not with those resources,” Doyel wrote on X.
This is incredible. Nobody spends more than Indiana. It affirms what I wrote last night – that the Hoosiers should never again miss an NCAA tournament.
Not in the NIL era.
Not with those resources.https://t.co/8m41KEEyD3 https://t.co/LBsV5zS7s3— Gregg Doyel (@GreggDoyelStar) March 16, 2026
Following their tournament snub, Indiana declined invitations to secondary postseason events such as the NIT or the College Basketbal, bringing the season to an immediate close. While some within the program view skipping those tournaments as maintaining the school’s standard, it also underscores how far Indiana remains from its former dominance.

