March Madness Should Use Their Own UEFA Coefficent

So, another edition of the NCAA Men's Basketball Tournament is about to begin - better known as "March Madness". 
Really, the "March Madness" lies in the crazy sprint to the end of the regular season, followed by conference tournaments, followed by the NCAA Tournament itself. 

I think that the American sporting league that has the most in common with the structure of European soccer is actually NCAA Basketball.  And because of these similarities, I think that NCAA could improve March Madness by taking an idea introduced by UEFA for Champions League qualification, which is the "UEFA Coefficent". 

Essentially, UEFA assigns a point value to wins/losses/draws when clubs from different nations compete against each other in official competition.  This is done at both the league level, and at the club level, and it gives UEFA a tangible number to use to decide which leagues deserve what amount of Champions League entrants. 
The NCAA should look at doing something similar.  

The way that NCAAA Basketball is currently setup, regional conferences play a league schedule, then have a post-season championship tournament.  Then, the best teams in each conference meet in the NCAA Tournament.  In European soccer, each team plays a full league schedule, a national championship cup tournament, and then the best teams in each nation square off in the continentwide "Champions League". 

In both the NCAA Tournament and the Champions League, the stronger conferences are allowed more entrants into the tournament.  In soccer, originally only league winners were allowed to compete in "European Competition", the same as the NCAA.  Over time, the NCAA added more "at-large" teams to the tournament, and the Champions League also expanded to allow more teams in. 

But the UEFA Coefficent provides a mathematical formula that allows the Champions League qualifiers to be spread fairly throughout Europe based on results of head-to-head competition.  Doesn't it make sense that the NCAA would do the same?  If a conference such as the Big 12 has a proven record against other conferences, shouldnt they be rewarded with more entrants in the NCAA Tournament?