It almost seems like the regular season is a formality with the same 8 teams heavily favored to make the playoffs again.
Expected Win Totals (% chance of making playoffs):
Celtics: 58.5 (~100%)
Knicks: 54.5 (~97%)
Sixers: 52.5 (~96%)
Bucks: 50.5 (~93%)
Magic: 48.5 (~86%)
Cavs: 48.5 (~91%)
Pacers: 47.5 (~86%)
Heat: 44.5 (~77.5%)
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Hawks: 36.5
Raptors: 30.5
Hornets: 29.5
Bulls: 27.5
Pistons: 25.5
Wizards: 20.5
Nets: 18.5
Based off these odds, we expect ~7.25 of the 8 teams to make the playoffs again in 2025, implying an least 25% chance all 8 teams make the playoffs.
Assuming the number of these 8 teams that miss the playoffs is roughly Poisson, then we expect a 47% chance it's a repeat of 2024.
A potential upper bound (since betting markets allow these odds to be parlayed as if they were independent) can be obtained by assuming independence and multiply which yields 45%