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The top five greatest NBA teams of all time are: 1. 95-96 Chicago Bulls 2. 2016-17 Golden State Warriors 3. 2015-16 Cleveland Cavaliers 4. 1996-97 Chicago Bulls 5. 1971-72 Los Angeles Lakers. We got the top five greatest NBA teams of all time. Starting off at number five, we have the 1971 to 72 Los Angeles Lakers. At number four, we have the Chicago Bulls from 1996 to 97. At number three, we have the 2015 to 16 Cleveland Cavaliers. Then at number two, we have the 2016 to 17 Golden State Warriors. And at number one, we have the 95 to 96 Chicago Bulls team.