LeBron James wasn’t lying when he said he didn’t care about money when assessing his options in NBA free agency. Any team in the league could have landed James for essentially the veteran’s minimum if they could make the case that they gave him the best chance to win a fifth championship.

In the end, the Philadelphia 76ers won the LeBron sweepstakes. James is joining a lineup that already includes Jaylen Brown, Tyrese Maxey, V.J. Edgecombe, and Joel Embiid. The bench is pretty strong too with Dean Wade, Anfernee Simons, Labaron Philon, Dominick Barlow, Adem Bona, Justin Edwards, and Ariel Hukporti. I predicted the Sixers were the favorites to sign James last weekend, but it’s still hard to believe it actually happened.

The Miami Heat and Cleveland Cavaliers have to be heartbroken over James’ decision. The Golden State Warriors and Minnesota Timberwolves must be kicking themselves that they couldn’t make a couple more moves to woo LeBron. Do the Boston Celtics suddenly regret the shocking Jaylen Brown to Philly trade that set LeBron’s decision into motion?

I released by way-too-early NBA power rankings two weeks ago, and now they’re already irrelevant after LeBron’s decision. With the Oklahoma City Thunder also trading Lu Dort to the Atlanta Hawks in a three-team deal, it feels appropriate to refresh the rankings. Here’s our latest power rankings for the 2026-2027 NBA season. One note: this is based on championship chances, not regular season performance. We’ll have more notes on the changes after the table.

Rank	Team	Change
1	Oklahoma City Thunder	—
2	San Antonio Spurs	—
3	New York Knicks	—
4	Minnesota Timberwolves	—
5	Philadelphia 76ers	Up 7
6	Boston Celtics	Down 1
7	Los Angeles Lakers	Down 1
8	Denver Nuggets	Down 1
9	Detroit Pistons	Down 1
10	Toronto Raptors	Down 1
11	Houston Rockets	Up 2
12	Cleveland Cavaliers	Down 2
13	Indiana Pacers	Down 2
14	Atlanta Hawks	Up 3
15	Miami Heat	Down 1
16	Orlando Magic	Down 1
17	Portland Trail Blazers	Down 1
18	Utah Jazz	—
19	Phoenix Suns	—
20	Dallas Mavericks	—
21	Charlotte Hornets	—
22	Memphis Grizzlies	—
23	Golden State Warriors	—
24	New Orleans Pelicans	—
25	Brooklyn Nets	—
26	Los Angeles Clippers	—
27	Washington Wizards	—
28	Chicago Bulls	—
29	Milwaukee Bucks	—
30	Sacramento Kings	—

Let’s dive into some changes from the last edition of power rankings.

The Thunder have a weak grip on No. 1 after the Lu Dort trade

The Thunder traded Lu Dort to save on their tax bill, and even Sam Presti admitted as much. I thought Dort was borderline unplayable late in the playoffs last year with a shaky handle, poor passing vision, and an inconsistent three-point stroke, but his defense was still impactful to opponents who feared his physicality. Losing Dort means more minutes for Ajay Mitchell, Cason Wallace, and Jared McCain, which should be a very good thing for OKC. It also means some of the young guns need to step up behind them, and the pressure is now on Nikola Topic and Bennett Stirtz, as well as Aday Mara and Thomas Sorber, to turn into decent rotation pieces.

I thought about moving OKC off the No. 1 spot with this update. The Spurs whooped them all season, right? The Knicks deserve the benefit of the doubt after a championship run, don’t they? The thing that keeps bringing me back to OKC is that we didn’t really get to see this team fully healthy all year, not with Jalen Williams and Mitchell both suffering untimely injuries. I hate the way Chet Holmgren looks in the Spurs matchup against Victor Wembanyama, but to me he’s still a top-15 player against anyone else. At the end of the day, Shai Gilgeous-Alexander is still the best guard in the game, and I’ll take my chances with him fully in his prime.

There is part of me that thinks losing Dort could be addition by subtraction for the Thunder. Their season will be determined by Williams’ health, Holmgren’s mindset, and Mitchell’s ability to level up again. I still think this is the strongest roster in the NBA, so they’re No. 1 entering the season to me.

The Sixers’ postseason ceiling is real, but can they get there?

I don’t love the fit with LeBron on the Sixers. Sorry. There are a lot of guys here at their best with the ball in their hands, with Philly’s five projected starters totaling 140% in usage rate. The defense is even more worrisome. Scaling down can be as hard as scaling up, and I just don’t think Jaylen Brown or Joel Embiid as it in their game to do it. Those two will need to prove me wrong for Philly to walk away from this season with a championship.

Can Brown adjust to a more off-ball role where he maximizes his three-point rate and locks in off-the-ball defensively? He only hit 33.1% on 2.5 catch-and-shoot attempts from three per game last year, and he’s always been inattentive defensively when he’s not guarding the ball. Can Embiid forgo his need for post touches and instead use most of his energy to get back to being a monster rim protector? I’m skeptical he’s interested in doing that. The Celtics shopped Brown to the entire NBA and no one wanted him enough to beat Philly’s offer. LeBron is seeing something that the nerds in rival front offices aren’t seeing, and that makes this move feel like a big bet on “Jaylen Brown, the superstar” as much as anything else.

The media is going to expect this team to be really good, but there’s quite a bit of downside here. James is going to need to have a big time shooting season after hitting just 31.7% from deep last year. He’s going to need to push himself as a leader to get Brown and Embiid to buy into their best roles. I still trust LeBron’s ability to problem-solve in the biggest moments, and this team will need it. I like Philly a lot better as a playoff team than a regular season team, but only if they’re healthy. That’s a big if with this collection.

Miami and Cleveland are the big losers of LeBron’s decision

Don’t look now, but the Heat and Cavs might be fighting to just get out of the play-in tournament after LeBron decided against a reunion with both franchises.

The Heat landed Giannis Antetokounmpo, but their depth is poor and they don’t really have any future assets left to continue building out the team. Miami is always so good at developing players on the margins, and this will be the biggest test yet of their ability to do it again. The Cavs are coming off a decidedly unconvincing run to the Eastern Conference Finals, and they’ve only gotten worse this summer. Dean Wade is gone, and the only addition to the roster is second-round pick Meleek Thomas. I don’t care how great Thomas looked in summer league, this roster is in big trouble, and James choosing to go elsewhere is a huge indictment.

I’m liking the Hawks roster as much or more than the Heat and Cavs’. With New York, Philly, Boston, and Toronto (assuming they land Kawhi) all looking like better regular season teams, the pressure is on the front offices for Miami and Cleveland to pull a rabbit out of their hat at some point to up their ceiling and give their teams a real chance come playoff time.