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Earl's NBA power ranking · Week 4, 2026

New Orleans sits at 23rd with a -5.71 neutral-field rating, down slightly from last week, and that number already reflects a soft -4.65 strength of schedule, so there's no schedule tax to hide behind. The market has them at +4.74 versus my number, meaning the public is pricing this team nearly five points better than the rating justifies — that's a clear sell, and I'd fade them laying anything close to a typical spread. With an 0-3 record and no key absences to blame, this is a bad team the market hasn't fully caught up to yet.