Because Ohio State made the playoffs, Big Ten teams share a $6 million bonus – about $430,000 per university.
After a rejected, Super Bowl bid, The Big Ten is tapping Indianapolis to host 14 championship events over the next eight years.
The IU Hoosiers' ranking jumped after defeating Nebraska for the Big Ten Championship.
The IU athletic director says he hopes the new arena will help the teams be more competitive in the Big Ten.
Wednesday night's loss to the Nebraska Cornhuskers reduces what little chance the Hoosiers had before the game to get into the NCAA Tournament.
The Hoosiers play Illinois Friday at Noon at the United Center in Chicago.
Oladipo and Zeller highlight several postseason awards for the Big Ten Champion Hoosiers.
The Indiana University football team beat the University of Iowa 24-21 on Saturday for IU's second consecutive Big Ten win.
Indiana loses to Ohio State at home in a hard fought battle at Memorial Stadium.
The Hoosiers are scheduled to play the Wildcats in Evanston on Saturday.