The university says it recruited Mandarin-speaking student broadcasters and will train them through the Mark Cuban Center for Sports Media and Technology.
Hoosier Hysteria gave fans a chance to see both the men's and women's teams for the first time this season.
The Fever fell short in Game 5 as the Minnesota Lynx topped Indiana 69-52 to capture their third championship in five years.
The deal was announced Wednesday, and the Fort Wayne Mad Ants will be a development team for the Pacers.
Holt and a teammate, who are both underage, were cited last week for illegal possession of alcohol.
IU Athletics said Thursday Devin Davis and Hanner Mosquera-Perea were "not living up to their responsibilities."
Junior Yogi Ferrell announced he plans to stay at IU for another year, saying he wants to leave a "legacy of accomplishments."
Indiana made its 38th NCAA Tournament appearance in the Midwest Regional and the No. 37 seed overall, facing Wichita State in Omaha, Neb.
The team earned the No. 10 seed in the Midwest region — a ranking higher than expected for a team “on the bubble.”
The 7th seeded Hoosiers battle 10th seeded Northwestern in the conference tournament tonight in Chicago.