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Indiana basketball's projected scholarship chart for the 2024-25 season

BLOOMINGTON — The Indiana basketball coach Mike Woodson and his staff are going to busy in the coming weeks.

The Hoosiers have six open scholarships following the departure of CJ Gunn, Kaleb Banks and Payton Sparks, a group that made up much of the team's bench.

The transfer portal window for college basketball players runs from March 18 through May 1.

Indiana isn't participating in the NIT with the coaching staff focused on recruiting. The only player Woodson had signed for 2024 — five star forward Liam McNeeley — requested out of his national letter of intent and reopened his recruitment.

In Division 1, teams can have a maximum of 13 scholarship players.

More: Indiana basketball's Kel'el Ware isn't sure he's lock to go in first round of NBA draft

Here's a look at where things stand:

  • Seniors: 3 (Trey Galloway*, Anthony Leal*)

  • Juniors: 4 (Kel'el Ware, Malik Reneau)

  • Sophomores: 2 (Gabe Cupps, Mackenzie Mgbako)

  • Freshman: 1 (Jakai Newton; RS)

  • Total scholarship players: 7

  • Outgoing transfers: 3 (CJ Gunn, Jr.; Kaleb Banks, Jr; Payton Sparks Sr.)

* Fifth-year seniors

More: Indiana basketball's Malik Reneau silent on future plans after Big Ten tourney exit

Latest updates on Indiana basketball's roster

March 19: CJ Gunn, Kaleb Banks and Payton Sparks entered their names in the transfer portal, according to multiple reports. Gunn had a few bright moments — he provided a spark off the bench in wins over Michigan and Ohio State — but still only averaged 12.8 minutes per game. Banks and Sparks didn't see much playing time once IU got through it's non-conference schedule. Sparks is transferring for the second time in as many years, but won't have to worry about getting a wavier to gain immediate eligibilty. The NCAA suspended the waiver process in response to pending ligation working its way through the courts.

March 17: After the loss to Nebraska, Kel'el Ware and Malik Reneau said they were unsure about their future plans. Ware steadily climbed up mock drafts throughout the season as he averaged 15.9 points and 9.9 rebounds per game. He told reporters before the season at IU's media day that he envisioned his stay in Bloomington being a one-and-done type of situation. Ware was projected lottery pick at the start of his freshman year at Oregon, but he fell out of coach Dana Altman's rotation and was criticized for his lack of effort. He rebuilt his draft stock in Bloomington and was earned second-team All-Big Ten honors.

March 10: Trey Galloway and Anthony Leal told fans at Senior Day they will play for the Hoosiers in 2024-25. The NCAA granted student athletes enrolled in 2020-21 an additional year of eligibility in the wake of the COVID-19 pandemic. Galloway and Leal were both part of the IU's 2020 signing class.

Michael Niziolek is the Indiana beat reporter for The Bloomington Herald-Times. You can follow him on X @michaelniziolek and read all his coverage by clicking here.

This article originally appeared on The Herald-Times: Breaking down IU basketball's scholarship situation for 2024-25