RE: If there weren't divisions...
I just took a look at the 2004-05 season. We finished in a 6 way tie for 2nd place at 11-7.
If there were only one division...
It would be reasonable to assume that WMU will play CMU and EMU every year. During this particular season, there were 4 other teams we played twice. Buffalo, BGSU, Ball St and NIU. Because of the 18 game schedule and various weird quirks, we only played NIU once during the previous season. I will use them as the 3rd team from the East that WMU played twice this year. We already played Buffalo twice. That leaves Ball St. and BGSU to be replaced by East teams on our schedule.
Removing BGSU and Ball St. and replacing them with the two absolute best teams from the East would result in playing Miami and Ohio. We actually lost to both of those teams that year. @ Miami 85-60 and @Ohio 89-85. Miami won the MAC that year and we obviously got pounded by them. I would expect that we lose the return game in Kalamazoo, and I would expect to beat Ohio in their return game.
In the game that we "eliminated", we actually best BGSU twice and we lost both times to Ball St.
Long story short, if their were one division, our league record probably would have been the same, 11-7.
However, given that 4 of the East teams tied us at 11-7, as well as Toledo, it would be reasonable to say that at least one or two of those teams would have gained a game on us given an alternate schedule. A third place finish in the MAC in 04-05 would be realistic.
What gets really goofy is that we finished at 19-12 after losing in the semi's of the MAC tourny. Apparently back then, it was good enough for an NIT berth where we beat Marquette and then lost an OT game at home against TCU. (I remember TCU having a bunch of dudes who looked like they were on steroids). I'm not sure a third place finish would have gotten us in the NIT that year. There were 5 teams in the East that won a minimum of 19 games, and two of them had 20 or more. With a different schedule, at least 3 or 4 of them would have improved on their win totals and probably taken our spot in the NIT.
It would be reasonable to say that having two divisions really benefitted the Broncos in 2004-05 and probably gave them an opportunity that wouldn't have been there. Although, our non conference schedule was somewhat impressive:
Wins: Loyola, Detroit, @Charleston, @IUPUI, @ Virginia Tech, South Alabama, @ Alaska
Losses: @New Mex St, @ Portland, @USC, @ Northern Iowa
Take this info with a grain of salt, it's all hypothetical...
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