2012 NBA Power Rankings: Pacers Swooning, Spurs Rising, Magic Getting Right

In this latest edition of 2012 NBA Power Rankings the Chicago Bulls remain on top, but LeBron James and the Miami Heat are gaining ground and may soon take over. Jeremy Lin made a huge impact when he took over the starting point guard job for the New York Knicks, but in the past week the team has stabilized at No. 17 overall. The Portland Trail Blazers and Oklahoma City Thunder are still the class of the Western Conference, but now veteran teams like the the San Antonio Spurs and Dallas Mavericks are making their moves too.

Indiana Pacers are a young team that has thrived on an easy schedule during the first month of the season, but now the competition has increased and they have hit a wall. As losers of six of their last eight games, Indiana has fallen from No. 9 to No. 16 in the past several weeks. Meanwhile, the Milwaukee Bucks are still at No. 21 overall despite the recent turmoil involving Brandon Jennings. Take a look.