Texas and Tennessee actually did play very similar schedules, as I recall, so you might be able to move this away from being a thought experiment and into the real world.
They did play pretty similar schedules but they also had pretty similar records so the adjustment is a moot point. It matters when we are comparing 7-1 Texas to 2-6 Oklahoma.
But moving back to reality, when I see Texas' conference opponents being 24-40, the way you used the numbers, and I see that 7 of those 40 losses were directly because they played Texas, then what I'm taking away from that, is that nearly 20% of the Texas' opponents' losses, were to one team-- Texas.
I get it and I'm don't 100% disagree I'm just not sure the appropriate way to adjust it or if there is an appropriate way.
Lets look at a team that Texas beat and that beat Oklahoma:
Nevermind, there isn't one. This is the problem with mega-conferences. in 2024 Texas had the following SEC wins:
- MissSt
- Oklahoma
- Vandy
- Florida
- Arkansas
- Kentucky
- aTm
Oklahoma had the following SEC losses:
- Tennessee
- Texas
- USCe
- Ole Miss
- Mizzou
- LSU
Texas also lost to UGA while Oklahoma also beat the two Alabama schools so Texas and Oklahoma, despite playing in the same league, had ZERO common opponents. That is just weird.
I've got to go back to hypothetcal land:
Suppose that Texas beat "team x" and that "team x" beat Oklahoma and that "team x" finished 4-4 in the SEC.
If we delete games against the team in question then "team x" is a 4-3 team on Texas' schedule and a 3-4 team on Oklahoma's schedule. That makes no sense to me because it is the same freaking team. You can't say that Texas' schedule is tougher because it isn't, it is EXATLY the same.