Atlanta Hawks - The young talent is accumulating in Atlanta. Josh Smith improved each of his first 2 years, and looks posied to be an Andrei Kirilenko type player. Marvin Williams may not have been the right choice over Chris Paul in the draft, but that doesn't mean he's not immensely talented (though injured at the moment). And we all saw what Joe Johnson can do when he played great at PG last year. They're still not anywhere near a playoff spot, but they've got some good, young pieces.
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Miami Heat - If you thought Dwyane Wade carried a big load last year, well, he'll have to do it again. Basically the whole team is back, which is good because they won the title, and bad because they were already old, and now they're just a year older. And with Jason Williams out to start the year, backcourt depth will be very thin. Regardless, they should be able to basically coast through the season and get to the playoffs, where they'll look to regain the magic of last year. As long as they got DWade, they got a chance.
Orlando Magic - Like the Hawks and Bobcats in the division, this is a very young team that will probably be better next year than they are this year. Unlike the Hawks and Bobcats, they're a pretty solid team now as well. It all starts inside with Dwight Howard, a big-time force. He's already perhaps the best rebounder in the NBA, and continues to improve his offensive game. Something like 18 and 14 per game this year is not out of the question at all. Also down low is Darko Milicic. He's another guy I like, and I think Detroit would be a lot better of they had kept him. Darko is immensely talented, and should be a force for the Magic in the future. The backcourt is anchored by Jameer Nelson, who's also young and continues to improve. If Grant Hill can give them at least half a season, they've got a very solid chance to make it to postseason play.
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Predicted Order of Finish
1. Miami Heat
2. Washington Wizards
3. Orlando Magic
4. Charlotte Bobcats
5. Atlanta Hawks