Also, under his leadership, the university's endowment quadrupled and it became a leader annually in terms of overall private-sector support.

Reactions to the firing were varied, with public opinion split with strong feelings one way or the other, common across the state.

The night of the firing, a crowd estimated at 2,000, consisting mostly of students, vandalized the Showalter Fountain, the university football field and marched on the president's on-campus home, the Bryan House.

During this unrest, Brand was hanged in effigy[10] but fundraising with alumni and donors reached record highs.

He underscored the need for the academic community to acknowledge and address the disparities that exist between intercollegiate athletics and the true mission of higher education.

[13] In 2003, roughly two years after he fired Bob Knight, Brand left Indiana University to become president of the National Collegiate Athletic Association, located in Indianapolis.

Brand vowed to improve the overall experience for student-athletes, helping them attain both an education and increasing postgraduate opportunities.

"[citation needed] Brand had warned that the "arms race" among upper-echelon schools is the biggest dilemma confronting the NCAA's future success.

[14] Under his tenure, the NCAA Executive Committee decided not to conduct championships on the campuses of member institutions where the use of nicknames and mascots representing American Indians is considered hostile and abusive.

[4] Following Brand's death, Senior Vice-President Jim Isch was named interim president on September 22, 2009.

[citation needed] In 2019, Indiana University renamed the Informatics buildings at the corner of 10th Street and Woodlawn Avenue on its Bloomington campus Myles Brand Hall in honor of its 16th president.

A Special Issue of The Journal of Intercollegiate Sport co-edited by Peg Brand Weiser and R. Scott Kretchmar [20] entitled, "The Myles Brand Era at the NCAA: A Tribute and Scholarly Review" offers recollections and analysis by various peers and scholars of his goal to integrate athletics into academics, his pursuit of gender equity, racial parity, and other issues of social justice, and an understanding of his legacy of leadership style.