The New York Knicks secured their first championship in 53 years, beating the San Antonio Spurs in five games to win the 2025‑26 title. Shai Gilgeous‑Alexander captured his second straight MVP, and Giannis Antetokounmpo announced he will test free agency. ESPN’s panel, including Tim Bontemps and Jamal Collier, ranked all 30 clubs for 2026‑27, weighing roster moves and cap situations.

Thunder returns as a luxury‑tax contender, with Jalen Williams and Chet Holmgren signing extensions that push the payroll toward $250 million, well into the second apron. San Antonio, fresh from its Finals run, adds a $251 million rookie extension for Victor Wembanyama, the largest in franchise history, and hopes draft pick Carter Bryant can deepen its frontcourt and aim to solidify their defense.

The Knicks face a tight cap, sitting $200,000 shy of the luxury tax, forcing tough choices on Mitchell Robinson, Miles McBride and potential extensions for OG Anunoby and Karl‑Anthony Towns. Boston, after a first‑round exit, must decide Neemias Queta’s option and add talent to improve against elite teams. Overall, the power rankings reflect a league where payroll strategy will dictate playoff odds this season.