Mark Cuban donates $5 million to Indiana University

Dallas Mavericks owner Mark Cuban, who graduated from Indiana University in 1981, donated $5 million to his alma mater to build a sports media technology center inside Assembly Hall and Memorial Stadium. The gift will help Indiana establish the Mark Cuban Center for Sports Media and Technology, which will house virtual reality equipment and two all-graphic studios. It will also allow the university to install 3-D multi-cameras at Memorial Stadium and Assembly Hall, making IU the first university in the country to have such technology. Mark Cuban has given a $5M gift to Indiana U Athletics to build a video, broadcasting & technology center that will debut in 2017 — Darren Rovell (@darrenrovell) June 5, 2015 Cuban said this should help the Hoosiers gain a competitive advantage for football and basketball. “We wanted to do something that gave IU a competitive advantage across all elements of sports, gave them an advantage in recruiting students into new technology phases,” Cuban said. “You’re going to be places you’ve never been before, without leaving your couch. Coaches are gonna create views for their players, and coaching tools they’ve never been able to use before.” The Mavericks owner thinks Indiana students will become the leaders in education in these fields, so then in return, he can hire IU students to work for the Mavericks or other teams that will adopt this technology. “Let smart people do smart things,” Cuban said. “There’s just no limit to what these things are going to be able to do.”

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