I'd be really surprised to see people stepping up with the $$$. Especially right now.
I know fans can be unreasonably unrealistic, but it's been 34 years since the end of the "glory days". The IU MBB program has turned into just another program. Think about that: THIRTY FOUR YEARS. If you were in college at that time, you're thinking about how to jam more $$$ in your 401k. Or, you're retired. The rest of the fan base sees IU as a school that has sucked at FB and struggled in basketball.
Yeah, yeah... I know... there are rich alums. We'll see, but I'm a skeptic.
Look at it this way... UCLA went on an unbelievable run with Purdue grad John Wooden leading the way, winning 10 NC's in 11 years. What have they been since then? One NC in '95, 20 years later. It's now been 25 years since that last NC. Now, they're just another Pac-12 program.
What's more, with all due respect to some of the posters on this forum, Shaka isn't the answer.
It seems to be a different day in college basketball. UK is finding that out. My sense is, most of the other programs will be seeing that, more and more.