Credit to JagsandPels, got this idea after seeing his post
1: Title favorites
Auburn
Duke
2: Still Elite
Tennessee
Houston
Iowa State
Alabama
Florida
Kansas
Illinois
Michigan
3: Not Elite, Still Very Strong
Memphis
Michigan State
Kentucky
Oregon
Marquette
4: Pretenders/Solid Teams
Texas Tech
Purdue
Texas A&M
Missouri
Gonzaga
Arizona
Mississippi State
Ole Miss
Wisconsin
St Johns
HMs: Georgia, West Virginia, Louisville, Baylor, UConn, Maryland, St Mary’s