The Indiana University's men's basketball team made the decision to not accept a bid to the College Basketball Invitational (CBI) on Sunday afternoon, as reported by The Indianapolis Star.
The CBI is a post-season basketball tournament in which host teams pay to play, but Indiana University Director of Athletics Fred Glass told The Indianapolis Star that the money was not a problem.
"Finances wouldn't be an issue if we thought it made sense," Glass said. "But we're Indiana. We don't play in the CBI."
IU coach Tom Crean wrote on Twitter that they would have loved to continue playing.
The Hoosiers were not invited to play in this year's NIT. The decision to not accept the CBI bid ends the 2013-14 Indiana University's men's basketball season.
To read the full story, visit The Indianapolis Star.
What do you think? Should IU have accepted the bid to the CBI?