Devan Dumes faced attempted murder, theft, carjacking, and several gun-related charges.
Last year, IU finished fifth in the nation in attendance and set a school record averaging 17,412 fans per game.
The president will recognize the team for their 2012 WNBA championship.
Cody Zeller will follow his teammate Victor Oladipo to the NBA draft.
The junior guard will forego a final year of college eligibility for a chance to be a pick in the NBA Draft Lottery later this year.
The President suggests the Hoosiers will topple Louisville in the final.
The Hoosiers play Illinois Friday at Noon at the United Center in Chicago.
IU is the top seed heading into this week’s Big Ten Conference Tournament at the United Center in Chicago.
Harsh weather did not stop dedicated IU fans from trying to get the best seats for the Hoosiers' last home game.
The IU Hoosiers defeated No. 4 Michigan State on Tuesday, pulling ahead in the last minute of the game.