If you look at the 8 losses by the Bucks, 2 of them were Celtics, 2 of them were Cavs, and 1 vs the Knicks. Most losses against excellent teams. Yes, they also lost to the Bulls, Nets, and Grizzlies, but I don't think that puts them in the low tier teams. It seems the rest of the team don't know what they are doing, but having Giannis and Dame alone is enough to keep them as a mid tier team; that is why I got them at 16.

Yes, with all the load management BS, Embiid and PG playing sometimes and not playing sometimes, the 76ers really fell off a cliff in terms of threat. Maybe I still have it in my mind that they are a threat because they had been a "contending team" for so long. They can still win some games with PG and Embiid. You are probably right, maybe they belong somewhere below rank 25.