The Indiana Hoosiers 2013-14 basketball season is officially over.

After being overlooked for the NCAA tournament, and also missing out on entry into the less glamorous NIT tournament, Indiana Athletic Director Fred Glass rejected the idea of the school participating in the tertiary CBI Tournament.

And he was clearly unimpressed:

"Finances wouldn't be an issue if we thought it made sense.

"But we're Indiana. We don't play in the CBI."

The Hoosiers missed out on selection for March Madness after finishing with a 17-15 record following last Thursday's first round defeat to Illinois Fighting Illini in the Big 10 Tournament.

And their weak schedule and poor road form were key in failing to secure a spot in the big post-season national's.

The school, which was #1 in the national for much of the 2012-13 season, has therefore decided to forego the chance to improve and gain experience with at least two weeks extra play on court because they are not willing to drop to CBI tournament play.

This will be the first time since 2011 that the basketball powerhouse will end their season with Big 10 play. 

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