Some of this narrative is a bit off, and you already know that.
The healthy side of the '97 team lost Mercer, Prickett, and Epps. Prickett, Edwards, and of course Anderson were hobbled in the tournament, and DA couldn't play at all.
Not exactly an apples to apples comparison, despite your effort to undersell Pitino's coaching job in '97, which is laughable given the limitations based on health alone for that team.
Plus, the '98 team added Sheppard (back from redshirt), Evans, Bradley, and had an improved version of Mohammed, Magloire, Padgett, Edwards, Turner, and Mills. Magloire went on to become an NBA All-Star. Mohammed played 18 seasons in the NBA. Padgett and Bradley were first round picks. That team had six NBA players.
The '97 team, with one All-American out of the game and two other rotation players hurt, still almost beat an Arizona team that featured four NBA players, including THREE lottery picks. Tubby won that title. On that point you are correct. But there's a reason he was able to take them as far as he did, and a reason he never returned to that mountain top once the last of Pitino's veterans washed off shore.
If you want a better comparison, imagine the '98 team without Sheppard and with Padgett and Mills playing through injuries. Now ask yourself if Smith could have taken that team to the finals and lost in OT.