Not wrong, but that's changing a little bit thankfully. For example Seth Jarvis this year with a well deserved 8th place finish. I can't recall the last time I've seen a player on their ELC finish that high. Even Bergeron and Jordan Staal didn't do it. Don't recall if Cerelli was on his ELC when he finished 4th.
Selke voting has been weird as hell since the lost season though. As mentioned by
@Brodeur you get guys that have no business even getting votes at all like Vanek getting multiple first place votes because of their +/- when they're absolute tire fires defensively. You don't get the Kris Drapers of the world winning it anymore (closest we had is Pahlsson as a finalist) or even being a finalist much anymore. The winner is usually someone that should have at worst been in the top 3, but there are times the others in the top 3 are of the "this guy is pretty good defensively but this still feels more based on their offensive season" variety... if we're lucky. A few of the recent finalists have been real headscratchers.