Miami (OH) Basketball Scores $242M for New Stadium Amid Historic 28-0 Start

The Redhawks are the only Division I team to receive such funding this season.

Published on Feb. 27, 2026

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The undefeated Miami (OH) men's basketball team, currently ranked No. 21 in the nation with a 28-0 record, has been approved for $242 million in funding to build a new on-campus arena. The new facility will include two practice courts and a volleyball arena, replacing the aging Millett Hall which has been the team's home since 1986.

Why it matters

Miami (OH)'s historic start is one of the best in the modern 64-team NCAA tournament era, with only a handful of other teams achieving a 28-0 record to start the season. The new arena funding is a major investment that will elevate the program and provide state-of-the-art facilities to support their success.

The details

Construction on the new arena is slated to begin in the fall of 2026. Miami (OH) is currently the only undefeated Division I men's basketball team remaining this season, with their closest competitor being Duke at 26-2. The Redhawks will finish their regular season with games against Western Michigan, Toledo, and Ohio before the NCAA Tournament begins.

  • Miami (OH) basketball is currently 28-0 to start the 2025-26 season.
  • The new $242 million arena funding was just approved.
  • Construction on the new arena is set to begin in the fall of 2026.
  • The NCAA Tournament Selection Sunday is scheduled for March 15, 2026.

The players

Miami (OH) Redhawks

The men's basketball team at Miami University in Oxford, Ohio, currently ranked No. 21 in the nation with a historic 28-0 start to the 2025-26 season.

Millett Hall

The current home arena for the Miami (OH) Redhawks basketball team, which opened in 1986 and seats 9,200 fans.

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What’s next

The Redhawks will look to complete their undefeated regular season with games against Western Michigan, Toledo, and Ohio before the NCAA Tournament begins. The team is aiming for a high seed and a deep tournament run after their historic start.

The takeaway

Miami (OH)'s remarkable 28-0 start to the season has been rewarded with a major $242 million investment in a new state-of-the-art basketball arena, underscoring the program's ascent and the university's commitment to elevating their men's basketball team to new heights.