There are two elite teams in the NBA right now, the Lakers and the Celtics. The only other team that can make any kind of argument to being in the class of those two teams is the Spurs. After that, there are a few teams that are "contenders." As always, guess it would depend on what your definition of "elite" is, but to me, no, the Blazers are not elite. Good team, among the second tier of contenders. But, not elite.

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