Phil's SMI formula applied to the Vols just before each of the past three seasons:
Before 2014 season: SMI would've predicted we would win 5 ... we won 7 (off by 2)
Before 2015 season: SMI would've predicted we would win 5 ... we won 9 (off by 4)
Before 2016 season: SMI would've predicted we would win 6 ... we won 9 (off by 3)
The largest, most glaring weakness of the SMI is that it assumes a team will do about as well in the future as it has in the recent past (last 3 years).
That doesn't work well at all for a team climbing out of its Dark Ages, nor for one falling into ruin.
There's a reason the formula is wrong about a third of the time...because about a third of teams are going through some kind of transition, and this formula denies the existence of transition periods.
Get this: even if you're one of the folks who believe Butch has peaked at 8-9 wins, this formula isn't even right for you. Because it's still looking back at the period when we were winning less than that. Because of the 3-year time span of its backward look, we haven't even reached that potential steady state yet. If you're among those who believe it's possible Butch hasn't yet peaked, the formula is an even worse mis-match.
So take it for what it's worth: very little, as applied to our current program.
Go Vols!