20 wins in a money conference: What does that mean?

How much does it mean when a money conference team wins 20 games. Of course, that all depends upon its schedule. But take Fayetteville for example. They won 27 games this last year, and that is a good season by any standard. However, they played 13 non-conference games. Of those, only three were against money conference teams. So, logically, that ought to translate to half the 20 wins right there. But say for example that a few of those non-MC games were against some of the better of those teams, which they were, i.e. SMU, Iona and Dayton. That still leaves seven “guaranteed” wins out of non-conference. Then they played 19 conference games, including the tournament. So they had to go 13-6 in conference games to get to 20 wins. Even though that does not mean they had to dominate, they still had to be decent. So, 20 wins in the money conferences is not hugely impressive, it still means something, as long as the team does not “buy” all 13 of those non-conference games.