Everyone should read this from an article in The Athletic about Wisconsin:
I know we're at a different stage than Wisconsin, but the central point is important.
Wisconsin's 2019-20 OOC schedule, by last year's NET rankings (and which quad they would have been for the 2019 tournament):
Quad 1
9 - @ Tennessee
13 - Auburn (neutral - assuming UW/Auburn both win first round of Legends Classic)
29 - Marquette
35 - @ St. Mary's
36 - @ NC State
Quad 3
191 - New Mexico (neutral - if either UW/Auburn lose the first round of the Legends Classic)
196 - Richmond (neutral - first game of Legends Classic)
Quad 4
190 - Green Bay
203 - Rider
299 - Milwaukee
308 - Eastern Illinois
327 - McNeese St
D3 - UW La Crosse
They've definitely added some tougher games to next year's schedule, with most on the road. Still, not sure about "not scheduling opponents that would rank in the 300s".