85% of the top 46 teams in NET got bids, but seeding deviated heavily from where the NET value predicted. So, I think this helps support the idea that NET is a good predictor of who gets in, but not where they're seeded. That's my take at least.
11 seeds, 46 spots: 39 of the top 46 teams in NET were selected.
Top 46 teams missing bid:
33 NC state (3-9 Q1, but played 16 games vs Q3/4; #343 non-con SOS)
35 Clemson (1-10 Q1)
38 Texas (16-16 overall record; 5-10 Q1, #5 SOS, #18 non-con SOS)
40 New Mexico State (0-1 Q1, 3-1 Q2)
41 Furman (22-7 overall record, but only 6-7 vs Q1-3)
44 Murray State (27-4 overall record, but only 2-4 vs Q1-2)
46 Memphis (2-9 Q1, 2-3 Q2)
Team making it instead:
47 Belmont
55 Ohio State
56 Temple
57 Seton Hall
61 Minnesota
63 Arizona State
73 St Johns
https://extra.ncaa.org/solutions/rpi/Stats Library/2019 Selections Team Sheets.pdf
Murray State missing out is rough. 27-4.