The New York Knicks are hoping to erase their past two games, both of which ended in losses to the Oklahoma City Thunder and Chicago Bulls on back-to-back nights. The losses prompted NBA.com writer John Schuhmann to drop the Knicks one spot in his latest power rankings.

Before we step into 2025, let's take stock of where each NBA team stands, from the top (Cavs) to bottom (Pels).

Two teams have opened up big leads in their respective conferences while others jockey for playoff position as midseason approaches.

Here are the USA TODAY Sports NBA power rankings at the turn of the calendar, with resolutions each team should carry into 2025.

Here is where all 30 teams stack up in the first power rankings of 2025! Note: Team rankings are based on where members of our panel (ESPN's Tim Bontemps, Jamal Collier, Michael Wright, Tim MacMahon, Dave McMenamin, Ohm Youngmisuk, Chris Herring and Kevin Pelton) think teams belong this season.

The Houston Rockets have dropped their last two games after winning four in a row following their elimination from the NBA Emirates Cup in the semifinal against