Iowa has earned a No. 3 seed in the National Invitational Tournament and will host Indiana State on Wednesday.
The Hawkeyes (21-12) missed out on their first NCAA Tournament bid in seven years after losing to Michigan State 59-56 on Friday night. Though Iowa won 10 Big Ten games, its lack of quality non-conference and road victories proved to be its undoing.
Iowa is back in the NIT for the second year in a row. The Hawkeyes beat Dayton before losing at Oregon last season.
Indiana State (18-14) finished 9-9 in the Missouri Valley Conference, losing three of its last four.
Kentucky, last season's national champion, headlines the list of teams set to compete in this year's NIT. The Wildcats aren't the only SEC team snubbed by the NCAA Tournament selection committee.
Alabama and Tennessee also missed the cut, marking the first time in 39 years that the Wildcats, Crimson Tide and Volunteers were left out of the same NCAA Tournament.
The Wildcats (21-11) and Crimson Tide (21-12) are No. 1 seeds along with Southern Mississippi and Virginia.