The formation of the team, Assembly Ball, was announced in social media posts Wednesday morning.
Three former IU players are already confirmed to be participating: Juwan Morgan, Troy Williams and Miller Kopp.
TBT is a winner-take-all, $1 million event that takes place each summer beginning in July. Assembly Ball will play in the Butler Regional, which will be played July 19-23 at Hinkle Fieldhouse in Indianapolis.
Assembly Ball is scheduled to play its first game in the event on Friday, July 19 at 8 p.m. ET. Tickets are available at this link.
The bracket for this year’s TBT will be revealed on Thursday, June 20.