Did they get it right? AZ/Lipscomb

[Zoochy]

ESPN showed this play this morning.
The 'Red light' behind the backbosrd was lit before the ball was released, but the game clock showed .1 when the ball was released. They counted the basket. Oh it was also a 3 point shot. AZ wins by 1 point.
If we had replay in Missouri for a State championship game, then per NFHS rules we would use the red light. No Basket.
What does NCAA rules say?