Dakich is a graduate of Indiana and played under Bob Knight from 1981 to 1985. He was first a graduate assistant coach under "The General" from 1985-87 and then an assistant coach at Indiana from 1987 to 1997.
His claim to fame was his stellar defense against Michael Jordan in the 1984 East Regional Semifinal. Rumor has it, when informed by coach Bob Knight that he would be defending Jordan, Dakich threw up.
In 2002, Dakich was named head basketball coach at West Virginia University to succeed Gale Catlett. During conversations with WVU players, Dakich learned that people affiliated with the basketball program may have been guilty of NCAA recruiting rules infractions. He allegedly attempted to renegotiate a higher salary at WVU and failed, thus returning to Bowling Green as head basketball coach after only a week at WVU. WVU voluntarily reported results of its internal investigation to the NCAA, and the university was not penalized as a result of the infractions. The focus of the investigation, Jonathan Hargett, was banned from WVU athletics for his role in the reported violations.