As the calendar flips to August, the NBA enters the slowest part of the year. Most of the offseason is complete and all 30 teams have their rosters set for the beginning of training camp. The 2024-25 season is roughly two months away, which means it’s the perfect time to examine and rank the league.

The Boston Celtics will seek to repeat as champions. They kept the same roster from last season and hope the continuity will strengthen their chances. Meanwhile, the Oklahoma City Thunder had a productive offseason and are title favorites.

Let’s look at this offseason edition of ThunderWire’s NBA power rankings:

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The Pistons started fresh after moving on from GM Troy Weaver and head coach Monty Williams. They were replaced with Trajan Langdon and JB Bickerstaff. Detroit extended Cade Cunningham and added veterans like Tobia Harris. Cunningham has yet to break out after being a highly-touted prospect in 2021.

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It was a disappointing offseason for the Trail Blazers. Instead of being a seller, they stood pat for the most part. Acquiring Deni Avdija for a draft pick makes no sense for a rebuilding situation. Donovan Clingan hopes to be a viable partner with Scoot Henderson, who had a bad rookie campaign. It’s been an unusually quiet offseason for Portland who hope to tank next season.

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After hovering around mediocrity, the Nets have steered to a rebuild. They shipped Mikal Bridges to the Knicks for control of their draft capital over the next two years. Brooklyn also named Jordi Fernandez as its next head coach. It’s now in the infant stages of a rebuild and will need to trade away several other veterans on the roster to bottom out for next season.

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The Wizards are rebuilding after years of being directionless. It’s a breath of fresh air for Washington. Its offseason was headlined by the addition of Alex Sarr as the No. 2 pick of the 2024 NBA draft. It also added a pair of upside swings in Carlton Carrington and Kyshawn George. The next move for the Wizards will be dealing away Kyle Kuzma, who has a market as a starter.

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The Hornets seem content with their roster. They took a swing with Tidjane Salaun, who is seen as a raw long-term project. Charlotte signed Miles Bridges to an extension and replaced Steve Clifford with Charles Lee as head coach. LaMelo Ball must remain healthy next season to see if he’s a long-term fit with Brandon Miller.

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As the offseason is mostly done, the only lingering drama involves Lauri Markannen. He’s viewed as the next All-Star to be on the move. The 27-year-old would help out contenders and revamp Utah’s draft stock. It can also sign Markannen to an extension. Besides that, Cody Williams is a nice addition who will be afforded patience to grow into his game and body amid a rebuild.

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The Raptors made the easy decision to extend Scottie Barnes. He’s been the best player from his draft class and is a franchise cornerstone. They also extended Immanuel Quickley to a five-year deal after he was added last season at the trade deadline. It appears Toronto is pivoting to a soft rebuild after the departures of Pascal Siakam and OG Anunoby.

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Stuck in purgatory, the Bulls escaped the hopeless zone by ripping the bandaid off. They saw DeMar DeRozan and Alex Caruso exit Chicago and added young pieces like Josh Giddey and Matas Buzelis. The Bulls have restarted and hope those two young players can be contributors to their next playoff squad. Giddey must impress in the final year of his rookie deal.

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After missing the playoffs, the Hawks launched a soft rebuild this offseason. They traded Dejounte Murray to the Pelicans and drafted Zaccharie Risacher with the No. 1 pick of the 2024 NBA draft. Atlanta will see if it can build a better core around Trae Young this time around after a couple of forgettable seasons.

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Dealing with injuries, the Heat made minimal moves this offseason. They believe they have the roster to compete with Jimmy Butler and Bam Adebayo. The latter was signed to a three-year extension. Miami lost some key depth in Caleb Martin and didn’t do much to replace him. The Heat hope for better health, which should result in a better season next year.

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The Spurs were productive this offseason with a mix of young and veteran talent. They added Chris Paul and Harrison Barnes, who will help San Antonio with safe play. It also drafted Stephon Castle with the No. 4 pick of the 2024 NBA draft. But the most important offseason addition is an older Victor Wembanyama, who lived up to his hype last year and is on the fast track of being a top player in the league very soon.

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It’s been a disastrous offseason for the Clippers. They were the biggest losers with Paul George’s exit. They shored up their depth a bit but there is no true one-for-one replacement for George. LA feels stuck with its old and expensive roster. It’s foolishly ambitious to believe Kawhi Leonard and James Harden are a good enough duo to trust to lead to postseason success in 2025. At least they will open their new arena.

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After a first-round exit, the Lakers made zero notable moves this offseason. They replaced Darvin Ham with an inexperienced JJ Redick. The deal was met with scrutiny. They then drafted Bronny James with the No. 55 pick. The move was met with scrutiny. Los Angeles feels directionless as its star duo of LeBron James and Anthony Davis are a year older. They’re likely a bubble playoff squad again next season.

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The draft lottery blessed the Rockets with the No. 3 pick via the Nets. It’s a massive gift that can change the trajectory of their franchise. They added Reed Sheppard, who showed out in the summer league. Houston continues to be patient with potential extensions for Jalen Green and Alperen Sengun. Neither have been signed and could enter next year on the final year of their rookie deals.

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This offseason marked the end of a dynasty. Klay Thompson’s departure closed Golden State’s most successful chapter. The Warriors pivoted and added quality veteran pieces with Buddy Hield, Kyle Anderson and De’Anthony Melton. Thompson is a sentimental massive loss, but the Warriors made up for his exit with role players who fit Steph Curry well.

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In a perplexing move, the Kings signed DeMar DeRozan. His fit with De’Aaron Fox and Domantas Sabonis will be interesting. It’s somewhat awkward as DeRozan needs the ball in his hands and can’t space the floor. Outside of that, Malik Monk signed a great team-value deal. He’s been tremendous for them as a bench scorer. Sacramento hopes to be competitive for a third straight season.

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The Pelicans fixed one hole with Murray’s addition but another opened up with Jonas Valanciunas’ departure to the Wizards. They are without a starting center. New Orleans enjoyed injury-luck last season with Zion Williamson and Brandon Ingram until the playoffs, where the former missed its entire first-round series against OKC.

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After a first-round exit last year, the Suns are stuck with their old and expensive roster. They switched Frank Vogel with Mike Budenholzer but it might be a fruitless endeavor. Phoenix is too top-heavy and Bradley Beal’s decline severely limits its ceiling. One has to wonder how much longer Kevin Durant and Devin Booker can tolerate its current situation as a low-tier playoff squad with no real moves left to improve.

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The Magic believes in their young core as they handed Franz Wagner a handsome extension. Expect Paolo Banchero and Jalen Suggs to join him soon in the second-deal club. Orlando added a starter in Kentavious Caldwell-Pope. He should be an excellent fit. The Magic have built something sustainable over the last few years.

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An injury-riddled season forced the Grizzlies to punt last year. Ja Morant only played nine games due to a suspension and labrum tear. He will seek to remind folks why he was one of the best young players before these last couple of seasons. Zach Edey is also a great fit in Memphis. He has a chance to be a productive rookie. The Grizzlies are a wildcard in the West who can make serious noise.

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After an improbable run to the Eastern Conference Finals last season, the Pacers will run it back next season. They signed Siakam and Obi Toppin to new deals. Those were urgent moves to make. Besides that though, it’s been a quiet offseason for Indiana. It hopes Tyrese Haliburton takes the next step in his player arc after he turned into an All-Star last year.

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After their most successful season since LeBron James left, the Cavaliers had a successful offseason. They convinced Donovan Mitchell to sign a three-year extension. They also signed Evan Mobley and Jarrett Allen to new contracts. Cleveland replaced Bickerstaff with Kenny Atkinson. For the first time in a while, the Cavaliers have excitement to look forward to.

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After a second-round exit, the Nuggets suffered serious losses this offseason. They couldn’t afford to keep Caldwell-Pope with fears of the salary cap apron. They lost him to the Magic. They also lost rookie DaRon Holmes II with a torn Achilles in summer league. He was expected to be a bench-piece. Denver hopes Russell Westbrook can man the second unit. Years of a high payroll have come back to bite the Nuggets.

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Much like the Nuggets, the Bucks had a quiet offseason due to payroll limitations. Giannis Antetokounmpo, Damian Lillard and Khris Middleton eat up most of their cap space. This caused Milwaukee to lose starter Malik Beasley. Head coach Doc Rivers had similar results to Adrian Griffin last season. The Bucks must rebound after a bad season last year or could face some serious questions about its core.

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After their most successful season in decades, the Timberwolves hope for a repeat of success. They extended head coach Chris Finch. Minnesota’s biggest offseason move was to trade up and draft Rob Dillingham with the No. 8 pick of the 2024 NBA draft. He will likely be Mike Conley’s replacement when that time comes. The Timberwolves hope Anthony Edwards’ time with Team USA in the Olympics boosts him into the league’s upper echelon.

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The Knicks boosted their title odds with plenty of successes in the offseason. They traded for Bridges and signed Anunoby and Jalen Brunson to new deals. New York is committed to its core, which had a deep playoff run last season. It lost Isaiah Hartenstein to OKC but Mitchell Robinson can negate that with a healthy campaign next year. The Knicks are one of the best teams in the East.

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After an NBA Finals run, the Mavericks added some serious shooting this offseason. They will be one of the best offenses next season manned by Luka Doncic. Even though he lost a step last year, Thompson is still one of the best 3-point shooters in the league. He will be an excellent kick-out option for Kyrie Irving and Doncic. Dereck Lively II will also hope to translate his postseason success to the regular season next year as a probable starter.

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To the credit of the Sixers, they took a massive risk by waiting to use their cap space for this offseason and ended up with a grand slam. They convinced George to leave the Clippers and signed a four-year deal in Philly. He makes them an immediate title contender. The Sixers have one of the best trios in Joel Embiid, George and Tyrese Maxey. Philadelphia also added quality depth in Martin, Eric Gordon and Jared McCain. The Sixers reloaded their roster and have supplied Embiid with his deepest roster yet.

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After a first-seed finish, the Thunder shored up their weaknesses this offseason. They added Alex Caruso and Hartenstein, who will be top-rotation players. OKC has one of the brightest futures in the league with Shai Gilgeous-Alexander, Chet Holmgren and Jalen Williams. The natural progression from all three will make it a mainstay in the title conversations for the foreseeable future. Rich draft assets also afford the Thunder to improve their roster when needed with win-now players. Nobody is better set up to compete now and for the long-term future than OKC.

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After last season, the Celtics are the top favorite to repeat as champions. They dominated both the regular season and playoffs. Boston was the best squad in the NBA last season during the nine months. It runs back the same roster in hopes of a second straight title. Until proven otherwise, the Celtics will be at the top of most power rankings for most of the season. They’ve built a winning machine with a nice blend of star power and role players.