"But unfortunately we don’t have an administration that cares about winning so they spend the money elsewhere."
Not caring about winning is just BS. They most certainly want to win. They also want to have a university that doesn't sell it's soul for an athletic program.
So they give money to build a new building on campus to start a new academic program. This is while they are building a new end zone and volleyball/wrestling facility and had already added the NEZ, new softball and baseball stadiums, Cook Hall, and renovations to Assembly Hall. And a new building for the marching band.
If you want to go root for a football factory, there are schools that spend way more money than IU on athletics. If you want to root for a real university that doesn't sell out for athletics, then you have to support it's academic mission.