Indiana receives $5 million donation from Mark Cuban

Mark Cuban is often known as the outspoken owner of the Dallas Mavericks. What is often forgotten is where he began: as an entrepreneur who simply wanted a way to watch his alma mater Indiana Hoosiers play basketball.

A simple idea that eventually turned him into the success he is today, has long turned benefits for IU.

Once again, Cuban is dipping into his pockets to give back to the school that helped make him.

According to IU Newsroom and IU Athletics, “IU Athletics has received a $5 million gift from IU alumnus Mark Cuban to create a first-of-its-kind, cutting-edge, student-focused video, broadcasting and technology center, Indiana University President Michael A. McRobbie has announced. Among other things, this gift will make IU Athletics the national leader in 3-D broadcast and replay, virtual reality, and 3-D virtual studio technologies.”

In an interview with IU Newsroom President McRobbie spoke about the goals for the technology center.

“We are extremely grateful to Mark Cuban for his remarkable generosity and his commitment to ensuring that Indiana University remains at the forefront of preparing our graduates for highly successful and rewarding careers,” McRobbie said.

“This pioneering new center will provide IU students across the university with unprecedented access to the newest and most leading-edge media tools currently available in the technological marketplace. Furthermore, it will transform the collegiate athletics experience for our student-athletes as well as the many Hoosiers fans here in Indiana and around the world.”

Cuban and all of Hoosier nation have a love for the game of basketball. The undefeated 1976 Hoosier team will go down in history along with the numerous national championships the school has won. However, this goes beyond Assembly Hall and the candy-stripe warm-up pants.

All sports will benefit this in terms of coverage and preparation for games, but student’s will find even more benefits.

The latest technology that the center will provide allows these students to be better prepared for the real world. Indiana University which is already widely known for its medical and business schools, will rapidly be making strides through the university with the aid of alumni such as Mark Cuban.

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*Featured Photo (above) credit to USA TODAY Sports