That article is ONLY teams in the CFP and Indiana is only listed ahead of Tulane and James Madison.History is largely irrelevant to the present day.
IU appears to have hit a home run with Cignetti, but check out the huge extension he received to keep him there. IU has alumni money, most notably Mark Cuban.
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Which CFP teams have the most money? Breaking down field by NIL spending power
Elite spenders highlight this year's playoff bracket, but some teams are doing more with lesswww.cbssports.com
Good article. Not surprising, most of the CFP teams have some of the biggest athletics/NIL budgets.