NBA: Power ranking the top 5 championship contenders for 2024

LOS ANGELES, CALIFORNIA - MAY 22: LeBron James #6 and Anthony Davis #3 of the Los Angeles Lakers react to a Laker foul during the third quarter against the Denver Nuggets in game four of the Western Conference Finals at Crypto.com Arena on May 22, 2023 in Los Angeles, California. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement. (Photo by Harry How/Getty Images)
LOS ANGELES, CALIFORNIA - MAY 22: LeBron James #6 and Anthony Davis #3 of the Los Angeles Lakers react to a Laker foul during the third quarter against the Denver Nuggets in game four of the Western Conference Finals at Crypto.com Arena on May 22, 2023 in Los Angeles, California. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement. (Photo by Harry How/Getty Images) /
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Phoenix Suns
Phoenix Suns duo (Photo by Christian Petersen/Getty Images) /

2. Phoenix Suns

The Phoenix Suns made a flurry of moves in the free agency this summer, despite already adding Kevin Durant before the trade deadline in February. The Suns acquired Bradley Beal from the Washington Wizards, sacrificing veteran point guard Chris Paul in the process.

A new trio has been formed in Phoenix and many believe the Suns should be the favorites to win it all this season. Only time will tell.

The Suns also filled out the roster with impressive signings such as Eric Gordon, Drew Eubanks, and Yuta Watanabe as they restricted their supporting cast. Heading into the start of the season, the Suns have arguably the best roster in the NBA.

1. Denver Nuggets

The Denver Nuggets are in prime position to win it all again in 2024. Despite losing their versatile wing Bruce Brown and veteran Jeff Green, the Nuggets look formidable, with their core intact, to repeat in the upcoming season.

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Heading into the regular season, the Nuggets, led by two-time MVP Nikola Jokic and star guard Jamal Murray, are the clear favorites for the championship.