That was the formula for the '76-'77 Blazers. They had the two best in Walton and Lucas (Defense is half of it, so Doc falls behind Lucas in the Championship Series at this time of both of their careers), and the Sixers probably had the next best six players before Hollins falls in at 9th.
The disparity between 1 and 2 for the Lakers is huge over the next six (probably next eight), which are all Heat players.