BLOOMINGTON, Ind. -- Mike Davis will remain Indiana's basketball coach, resolving doubts that persisted throughout the Hoosiers' disappointing season.
A written statement from athletic director Rick Greenspan included a warning that IU's 29-29 record over the past two seasons needs to improve. The Hoosiers went 15-14 this season, which ended with a 67-60 loss to Vanderbilt in the first round of the NIT.
Greenspan said Tuesday that he and Davis met in recent days and are committed to returning Indiana basketball to the country's upper echelons.
"While we share this common goal and are both confident that it will be reached, we also know that our record the last two years is not up to the standards to which Indiana is accustomed and to which we aspire," Greenspan said. "This is why we have set ambitious and achievable goals for next season of competing at a very high level in the Big Ten conference and successfully competing in the NCAA Tournament."
Davis, who has three years left on his contract, is 96-67 in five seasons since he took over for Bob Knight.
Davis led the Hoosiers to the 2002 national championship game during his second season, but his teams have missed the NCAA Tournament the last two years. Indiana's 14-15 record during the 2003-04 season was the school's first losing season since 1969-70.
"I think that our non-conference slate and our success in Big Ten play have only helped our basketball team to grow and mature," Davis said in the school's statement. "The future of Indiana basketball is certainly bright, and I am excited to be a part of it."