 It originally cost $350,000 and was paid for with construction bonds and a $2.00 fee levied against each Indiana University student.The first game at the facility was held on December 8, 1928 when the Hoosiers face the Washington Bears and lost 31–30.However, the dedication game for the Fieldhouse on December 13, 1928 saw a 34–26 victory over the Pennsylvania Quakers team.