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Which lower-seeded NBA teams have the best chance in the first round of the playoffs?

What chance do the Philadelphia 76ers have against the New York Knicks now that reigning MVP Joel Embiid is back? Kyle Ross-USA TODAY Sports

The first round of last year's NBA playoffs featured four upsets in terms of seeding, the most in any season since the league adopted its current 16-team format in 1984. Which teams have the best chance of following in their footsteps this year?

Historically, last season was an outlier. There were no first-round upsets in terms of seeding in 2022, and just two total from 2019 to 2022. However, some of the same factors that produced a topsy-turvy opening round a year ago could be in play again.

With compact standings in the East aside from the top-seeded Boston Celtics, all three other first-round matchups will feature teams separated by no more than three games during the regular season. Only the West's 4-5 matchup between the Dallas Mavericks and LA Clippers meets that standard, but the No. 6 seed Phoenix Suns are actually favored over the No. 3 Minnesota Timberwolves by virtue of their star talent and playoff experience.

My model of upset chances is based on three factors that have been predictive historically: regular-season performance (as measured by net rating), roster quality (as based on SCHOENE projections and my prediction for first-round playing time) and pre-playoffs title odds at ESPN BET. Let's look at this year's upset probabilities through that prism.