Perhaps no one is enjoying the ride more than billionaire entrepreneur and IU graduate Mark Cuban.
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The $7 million facility will be located in Jackson County and should be up and running by 2024.
The money will support No Kid Hungry, Feeding America and other charities.
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Surrounded by more than three dozen of his former players, Knight was escorted to center court at halftime by his son, Patrick, as well as former players Quinn Buckner, Scott May and Steve Green.