The game will be played at AT&T Stadium at 4:30 p.m. and will be replayed on CBS at noon on Saturday. Sheehey will play for the East Squad.
"It's always an honor to represent Indiana University," Sheehey said in a statement. "I'm excited to get a chance to play one more time on such a big stage with some outstanding players and I appreciate the NABC for the opportunity."
The last Indiana player to play in the event was Marco Killingsworth in 2006. The full rosters for the game are listed below.
Davion Berry 6-4/185 G Weber State
Joe Jackson 6-1/174 G Memphis
Neil Watson 5-11/170 G Southern Mississippi
Drew Crawford 6-5/215 G Northwestern
Jaye Crockett 6-7/210 F Texas Tech
Cameron Clark 6-7/211 F Oklahoma
Cory Jefferson 6-9/220 F Baylor
Shawn Jones 6-8/236 F Middle Tennessee
Sam Dower, Jr. 6-9/243 C Gonzaga
Christian Standhardinger 6'4/195" F Hawaii
Garrick Sherman 6-11/255 C Notre Dame
Karvel Anderson 6-2/190 G Robert Morris
Langston Hall 6-4/180 G Mercer
Markel Starks 6-2/175 G Georgetown
Pendarvis Williams 6-6/195 G Norfolk State
Dwayne Evans 6-6/230 F Saint Louis
Will Sheehey 6-7/200 F Indiana
Juvonte Reddic 6-9/250 F VCU
Jerrelle Benimon 6-8/245 F Towson
Halil Kanacevic 6-8/255 F Saint Joseph's
Talib Zanna 6-9/230 C Pittsburgh