Sorry, I didn't even last 20 seconds listening to that guy.
Haven't watched it, but their criteria is flawed without taking the time to watch it.
% of capacity is not the same across all schools. Some, like Iowa State do not release any numbers above 100% capacity, whether they do oversell or not. This changed sometime in the last couple decades, may have been a JP decision not sure, maybe an insurance issue or similar.
But if you have a school that oversells and releases the number over 100% it automatically throws the entire number off. As if they have 1 game over that number and the rest below, the high number causes the others to average out higher than they are. Think of the Iowa game, we could and possibly do oversell that by a large percentage, if we suddenly have 1 or 2 games at 110% or something, it would make any of those games we come up just short average at or above capacity. Therefore 1 high selling game can cause the numbers to be unrealistic in a scenario like this.
To make this work you would need to equalize all schools reporting, therefore recalculating the average, for each school, where any number above 100% would max out at 100%, therefore not artificially inflating the numbers for places that do report such overages. But no one does that, so using that as a criteria causes the entire rating to be flawed.