This off-season the NCAA announced that they would do away with the RPI rating system and introduced the NET (NCAA Evaluation Tool). The NET is comprised of 5 components: Team Value Index which is an algorithm that takes into account the game result, opponent, and location and produces a Team Value Index Score. The second component is Net Efficiency which is offensive efficiency minus defensive efficiency. The third component is winning percentage. The fourth is adjusted win percentage which weights a road win as +1.4, a neutral win at +1.0, a home win at +0.6, a road loss at -0.6, a neutral loss at -0.6, and a home loss at -1.4, and the fifth is scoring margin, which is capped at 10 points to discourage blowouts.
There is little transparency with this formula. No one knows how the components are weighted in the NET calculation, is scoring margin the most important or net efficiency, or are they all weighted the same? Only 1 of the components takes into the strength of schedule which thus favors teams with good records against weak opponents (See Loyola Marymount, NET ranking: 10, Kenpom Strength of Schedule Ranking: 313. and has beaten the likes of Central Connecticut and Florida A&M by 2 and 9 respectively)