CBS Sports’ Matt Norlander is reporting IU basketball is one of eight major college basketball programs expected to be part of a significant new annual nonconference event beginning in 2027.
The November event, being referred to as the Diamond Cup, is expected to include Arizona, Connecticut, Gonzaga, Kansas, Kentucky, Indiana, Michigan and North Carolina.
Each team is expected to play two games in connection with the event initially in 2027, with as many as four games expected in later years, Norlander reported. All of the games are expected to be on neutral floors. A location for the 2027 event has not been reported, but Norlander is reporting the first year is likely to be consolidated into one week at one location around Thanksgiving.
Teams from the same conference would not be expected to play each other.
If Indiana ends up in the event it should give the program a major recruiting tool with the exposure and financial opportunities anticipated. The deal is expected to generate significant revenue for each program that will be required to be shared with the players.
Norlander says the teams are expected to finalize contracts over the next few weeks if all goes according to plan, with a formal announcement in July.
Indiana currently has contracts in place to play both Kansas and Kentucky in 2027, so it’s unclear how those plans might be impacted since both schools are expected to be part of the event. Kentucky and Gonzaga announced on Wednesday the cancellation of their remaining series that goes into 2027.
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