From my viewpoint you must win championships with more than one coach to be a blue blood. Otherwise you just had a blue blood coach ala Knight, Wooden, Wright. Kentucky, Kansas, and NC qualify and we’ll have to see about Duke.
Then from your viewpoint you should add UCLA who won a championship under Jim Harrick in 1995.
One of my arbitrary criteria for being a blue blood is one of the school colors has to be blue which conveniently eliminates IU from consideration...