No way, and it's just that, silliness. This is the first I have heard of this, and belief of many is that Indiana State will not host a regional despite their No. 10 RPI although they are certainly in the discussion. It was cited that ISU is just 2-9 against Quad 1 teams despite that high RPI which was helped by their SOS being No. 3 in the country. Here is a comment in a chat today that was actually about whether Campbell or ECU would get to host a regional and there was a mention of ISU in the response.
Andrew Miller: Is Campbell still in the hosting picture and if it came down to ECU or Campbell who would you have in as a host.
Aaron Fitt: Yes, Campbell is certainly still in the mix, and clearly ahead of ECU based on the 3-0 head-to-head record. Campbell also has a better top 50 record (5-4) than these other mid-major host candidates we’ve been talking about, like Indiana State (2-9), DBU (2-7) and UConn (1-2).