Indiana Handed Out Rings To Celebrate Its Sweet Sixteen AppearanceBarry Petchesky11/09/12 6:10pm7EditPromoteGo to permalinkIndiana had a hell of a season. Beat Kentucky. Beat Ohio State. Beat Michigan State. Lost to Kentucky in the regional semis. Still, a spectacular showing, and the Hoosiers are preseason No. 1s and prepared to do even greater things. So why not treat that 2011-12 season as a prelude, as just the start of a dynasty?