The Hoosiers return all five starters, including 7-foot sophomore Cody Zeller.
They received 43 first-place votes from the 65-member national media panel Friday. Louisville and Kentucky, the teams ranked second and third, received the rest of the first-place votes with Louisville getting 20 and the defending national champion the other two.
Ohio State and Michigan join Indiana as Big Ten teams in the top five. The last time a conference had three teams in the preseason top five was 2008-09 when Connecticut, Louisville and Pittsburgh of the Big East were second, third and fifth, respectively.
North Carolina State, Kansas, Duke, Syracuse and Florida round out the top 10.
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