(UPDATE): Tracking every player in and out of Indiana during the basketball transfer portal.

Indiana Basketball is going through a massive overhaul because of the transfer portal.
Washington State v Iowa State
Washington State v Iowa State / Michael Reaves/GettyImages

Indiana Basketball is experiencing a major overhaul this offseason, replacing several players from last season's roster. Here is a list of players who have transferred out and into the program.

Transferred Out:

Kaleb Banks: Still in the Portal

The sparingly used Kaleb Banks did see his minutes double in 2023-24 (five to ten minutes per game), but he never got going last season. With no direct route to more playing time and Indiana wanting to improve in the front court, Banks entered the portal on March 19th. He has not signed with another program yet.

CJ Gunn: To Dayton

Hopes were high for the Lawrence North High School product. However, Gunn was wildly inconsistent, struggling to shoot from the outside. He found himself in and out of the rotation. Gunn enrolled at the University of Dayton on March 29th.

Payton Sparks: To Ball State

Hopes were high for Ball State transfer Payton Sparks. He was a two-time All-MAC player in Muncie and was considered someone who could contribute. However, Sparks never cracked the Ware, Reneau, and Walker front-court rotation, so he transferred back to Ball State.

Incoming Transfers

Myles Rice: From Washington State

Rice gives Woodson and the Hoosiers a point guard for at least the next two years. The Washington State transfer was All-Pac 12, All-Pac 12 Freshman team, and Pac 12 Rookie of the Year. He needs to improve his shooting, but he can get to the basket and finish.

Oumar Ballo: From Arizona

Ballo, the top-rated transfer in the class gives Indiana a rebounder and rim protector. He is a more traditional center at 260 pounds. Ballo is a double-double machine who doesn't need the basketball to influence the outcome of the game.

Kanaan Carlyle: From Stanford

Carlyle gives the Hoosiers a secondary ball handler and playmaker on the wing. The Stanford transfer can get to the basket and get his own shot. His ability to get to the basket forces defenses to collapse, which opens things up for Indiana's interior players.

Luke Goode: Illinois

Goode gives Indiana two things. First, he's a solid rotational player. Indiana wants to run a legitimate second until off the bench. Goode coming off the bench with Anthony Leal and Trey Galloway makes the Hoosiers deep and formidable. Second, Good is a solid three-point shooter. That will serve the Hoosiers well when they double team the interior.