IVIM imaging provides insight into microvascular blood flow. Here, we investigate IVIM parameters following moderate and high-intensity exercise protocols, activating the plantar flexors and dorsiflexors of the leg. By interleaving b=0 images throughout the diffusion-weighted acquisition, we were additionally able to evaluate T2 changes following exercise. We observed an increase in T2 and diffusion coefficient, D, following high-intensity exercise. Changes were less obvious following moderate-intensity exercise.