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Power rankingNBA· 4 min read· in Sports

2026-27 NBA Preseason Power Rankings: Thunder and Spurs Lead a Radically Reshaped League

Following a summer of blockbuster trades that sent Kawhi Leonard back to Toronto and Luka Doncic to Los Angeles, the Oklahoma City Thunder and San Antonio Spurs open the 2026-27 NBA season as the consensus championship favorites.

By Meera Iyer

Youth Movement Believers 40%Blockbuster Optimists 35%Middle-Tier Evaluators 25%
Youth Movement Believers
Argues that deep, young rosters like the Thunder and Spurs are best equipped to dominate the new NBA landscape.
Blockbuster Optimists
Focuses on the immediate championship impact of superstar trades, particularly for the Lakers and Raptors.
Middle-Tier Evaluators
Evaluates the polarizing middle of the pack, emphasizing how role players and rookies will swing the standings.

Perspectives this story doesn't cover

  • Small-market front offices navigating the new salary cap
  • Defending champions overlooked in the preseason hype

Key points

  • The Oklahoma City Thunder and San Antonio Spurs open the 2026-27 season as consensus championship favorites.
  • Luka Doncic's arrival in Los Angeles has vaulted the Lakers back into the top 10 of national power rankings.
  • The Toronto Raptors finalized a blockbuster trade to reunite with Kawhi Leonard ahead of training camp.
  • Former contenders like the Milwaukee Bucks and Sacramento Kings have plummeted to the bottom of the preseason polls.
No. 1
Thunder & Spurs consensus rank
19.5
Maluach Summer League PPG
No. 9
Lakers preseason rank
No. 11
Randle's PF rank

The 2026-27 NBA season tips off in just one month, and the league looks entirely unrecognizable. The superstar musical chairs of the summer have settled, leaving a radically reshaped hierarchy in their wake. Across the industry's preseason power rankings, one thing is abundantly clear: the old guard has scattered, and a new era of contenders has officially arrived.

The Oklahoma City Thunder and San Antonio Spurs stand alone at the summit. Across major polls, these two youth-driven juggernauts are the consensus championship favorites. San Antonio's timeline has been completely accelerated by Victor Wembanyama's rapid ascent to superstardom, transforming them from a rebuilding project into a terrifying reality for the rest of the Western Conference.[1]

Oklahoma City counters with unmatched depth and cohesion. They remain arguably the most unified roster in basketball, sitting comfortably at the No. 1 spot in multiple preseason evaluations. Their blend of elite youth and growing experience makes them the team everyone else is chasing as training camps open.[1]

The Thunder and Spurs dominate the top of the preseason consensus polls.

Then there is the sheer chaos in California. The Los Angeles Lakers check in at No. 9 in The Ringer's rankings, armed with a brand new franchise cornerstone. Luka Doncic is now a Laker, a generational floor-raiser who single-handedly guarantees elite offense and is perfectly positioned to chase his first MVP award in purple and gold.[1]

Up north, the Toronto Raptors pulled off the unthinkable by reuniting with Kawhi Leonard. CBS Sports confirmed the finalized trade agreement with the Clippers earlier this month. The ripple effects are already being felt in training camp, with franchise forward Scottie Barnes raving about the mentorship, noting that learning from Leonard is "going to take me a long way as a player."[3][6]

The Brooklyn Nets are attempting to climb out of the Eastern Conference basement with their own newly acquired duo. Julius Randle and Michael Porter Jr. arrived via surprise trades over the last 15 months. Randle, who Hoopshype recently ranked as the NBA's No. 11 power forward, is expected to see a massive bump in usage and playmaking responsibilities as the focal point of Brooklyn's offense.[5]

The Raptors' blockbuster reunion trade has already shifted the dynamic in their training camp.
The Brooklyn Nets are attempting to climb out of the Eastern Conference basement with their own newly acquired duo.

The Phoenix Suns find themselves in the polarizing middle of the pack. Yahoo Sports slotted them at No. 20 in their preseason poll, acknowledging their offseason reshuffling. Phoenix added Miles Bridges and Luke Kennard while parting ways with Grayson Allen and Royce O'Neale.[2]

The real swing factor for the Suns, however, is second-year center Khaman Maluach. With Mark Williams sidelined for months due to shoulder surgery, Maluach will be thrust into the spotlight after dominating Summer League with averages of 19.5 points and 12.8 rebounds while shooting 40 percent from deep.[2]

The Atlanta Hawks are positioned as a dangerous dark horse, landing at No. 14 in The Ringer's rankings. Coming off a strong 20-6 record following last season's All-Star break, head coach Quin Snyder has finally implemented the up-tempo, pass-heavy offensive system that maximizes Trae Young's presence.[1]

The Minnesota Timberwolves are proving to be one of the most polarizing teams in the Western Conference landscape. After salary-dumping Randle to Brooklyn, Minnesota is relying heavily on Anthony Edwards to carry an even larger offensive burden in a highly competitive division.[4][5]

Khaman Maluach's dominant Summer League performance makes him a massive swing factor for Phoenix.

On the other end of the spectrum, former contenders are in freefall. The Milwaukee Bucks sit at No. 29 in The Ringer's poll, struggling to establish an identity with a random collection of cast-offs and veterans originally acquired to complement a "superstar who is no longer there."[1]

The Sacramento Kings occupy the absolute bottom at No. 30. Despite employing Domantas Sabonis and a rookie point guard in Darius Acuff Jr., the roster construction has analysts baffled, with The Ringer calling it one of the worst defenses ever assembled.[1]

The upcoming season is defined by its lack of a singular, aging dynasty. With the salary cap forcing hard choices and generational talents relocating, the race for the Larry O'Brien trophy is the most wide-open and high-stakes it has been in a decade. The deciding factor will be which of these newly formed cores can build chemistry before the playoffs arrive.

How we got here

  1. June 2026

    A series of blockbuster trades radically reshapes the NBA landscape, sending major superstars to new teams.

  2. July 2026

    Summer League action highlights emerging swing factors, including Khaman Maluach's dominant performance for the Suns.

  3. September 15, 2026

    The Clippers and Raptors officially finalize the trade sending Kawhi Leonard back to Toronto.

  4. September 21, 2026

    Major sports outlets release their 2026-27 preseason power rankings, cementing the Thunder and Spurs as favorites.

Viewpoints in depth

Youth Movement Believers

Analysts prioritizing draft capital, depth, and internal development.

This camp, heavily represented in top-tier rankings for the Thunder and Spurs, argues that the new collective bargaining agreement severely punishes top-heavy, expensive rosters. They believe that sustainable success now requires a deep rotation of young, cost-controlled talent surrounding one or two drafted superstars. For these evaluators, San Antonio's accelerated timeline with Victor Wembanyama and Oklahoma City's unmatched cohesion represent the blueprint for the next decade of NBA basketball.

Blockbuster Optimists

Evaluators focused on the immediate ceiling raised by superstar acquisitions.

Despite the financial penalties of the new CBA, this perspective maintains that elite, top-five talent still wins championships. They point to the Lakers acquiring Luka Doncic and the Raptors reuniting with Kawhi Leonard as moves that instantly pry open a title window. This camp argues that a generational floor-raiser can overcome depth issues in a seven-game playoff series, making these aggressive front offices the true winners of the offseason.

The Skeptics

Critics pointing out the fatal flaws in aging or poorly constructed rosters.

This viewpoint focuses on the harsh realities facing former contenders. Analysts in this camp point to the Milwaukee Bucks and Sacramento Kings as cautionary tales of what happens when a team loses its identity or fails to build a coherent defense. They argue that throwing together a random collection of veterans without a clear superstar anchor—or pairing offensive stars with no defensive infrastructure—will result in a lost season, regardless of past success.

Sources

Source coverage

6 outlets

3 viewpoints surfaced

Youth Movement Believers 40%Blockbuster Optimists 35%Middle-Tier Evaluators 25%
  1. [1]The RingerYouth Movement Believers

    The 2026-27 NBA Preseason Power Rankings

    Read on The Ringer
  2. [2]Burn City SportsMiddle-Tier Evaluators

    Phoenix Suns snag Top 20 spot in Yahoo! Sports' NBA Preseason power rankings

    Read on Burn City Sports
  3. [3]TSNBlockbuster Optimists

    Barrett the lone Raptor to check in as Nos. 100-51 revealed in NBA Rank 2026

    Read on TSN
  4. [4]12NewsNowYouth Movement Believers

    Why The Minnesota Timberwolves Are So POLARIZING In Preseason NBA Power Rankings

    Read on 12NewsNow
  5. [5]ClutchPointsBlockbuster Optimists

    Nets' Julius Randle, Michael Porter Jr. land in top-60 of ESPN's NBA Top 100

    Read on ClutchPoints
  6. [6]CBS SportsBlockbuster Optimists

    Report: Clippers, Raptors agree to Kawhi Leonard trade (again)

    Read on CBS Sports

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