re: How SEC Programs Rank in the Modern Era of Basketball

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Seems kind of low to only get 12 points for making the championship game but losing

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Agreed. It makes more sense to double the point totals until you get to Final 4s and then do a total for runner ups and champions.

The following gives greater weight to Final 4s but seems like a more reasonable point scale...

1st Round: 1 point
2nd Round: 2 points
Sweet 16: 4 points
Elite 8: 8 points
Final Four: 16 points
Runner-Up: 25 points
National Title: 40 points