The NBA is widely recognized for its star players, yet it is crucial to acknowledge those who significantly contribute to their teams without the same level of recognition. Ranking the most underrated players in the league over the past five years is inherently subjective. This effort aims to illuminate the contributions of frequently relied upon players who lack traditional star credentials. To create a comprehensive list of candidates, specific criteria have been established, allowing eligibility for a top-five nod based on the recognition and memory of each player's contributions during this period.

Royce O'Neale retains his position as the fifth-ranked player from last year. While some may humorously suggest that being named in the 'Most Underrated' list multiple times diminishes that label, O'Neale's impact is evident. The player, now 32 years old, exemplifies the prototype of ultra-low-usage wings who excel in three-point shooting and defense. Since the 2020-21 season, O'Neale has recorded 724 three-pointers at a remarkable 38.8 percent efficiency, with a usage rate just above 12 percent. Notably, he holds the lowest usage rate among players with similar shooting volume and efficiency. His ability to consistently hit three-pointers while guarding opposing teams' key players is a significant talent that often goes overlooked.

Isaiah Hartenstein made an exit from the list upon signing a lucrative three-year, $87 million deal with the Oklahoma City Thunder, the reigning champions. Despite this context, his impact remains undervalued. Oklahoma City holds a team option for the final season of his contract that is likely to go unexercised, effectively making it a two-year deal. Hartenstein's versatility is notable; he excels at setting screens, rebounding, and providing defensive presence. His skill set includes facilitating from short rolls and scoring with floaters. With the potential for an All-Defense selection if given more playing time, he ranks 10th in Value Over Replacement Player (VORP) among players averaging at least 20 minutes per game without an All-Star nod. His overall contributions are comparable to elite players like Anthony Davis and Victor Wembanyama regarding rebounding, assists, and blocks.

Josh Hart has faced criticism for his shooting inefficiencies, particularly his three-point shot. This flaw has afforded defenses the opportunity to neutralize matchups and disrupt his team's offensive flow. However, Hart's work ethic and relentless play style contribute positively to team dynamics. His teams have historically performed better when he is on the court, aside from a challenging season with the New York Knicks. This past season's performance can largely be attributed to his surrounding cast. Hart's determination on the boards, ability to increase offensive pace after rebounds, and contributions in transition play are valuable to any team's identity. Moreover, despite concerns regarding his shooting range, his true shooting percentage remains impressively above league average.

Derrick White's presence on the list, especially at the second spot, may raise eyebrows considering recent recognition as a potential All-NBA player. However, the absence of official All-Star or All-NBA selections illustrates that White is not yet viewed through the lens of a traditional star. Historically known for his defensive skills, White has made significant strides in his offensive game over the past five years, demonstrating improved decision-making, enhanced three-point shooting, and advanced playmaking abilities. Notably, he leads all non-All-Stars in VORP since the 2020-21 season, showcasing production akin to prominent players like Giannis Antetokounmpo. White's growth as a player reflects an increase in value that remains unrecognized when discussing top-tier talent.

Ivica Zubac has recently garnered attention for his impressive season, including consideration for Most Improved Player and Defensive Player of the Year awards. His development has been gradual, focusing on enhancing defensive techniques, rebounding, and expanding his offensive skill set. Zubac's ability has been showcased significantly this past season, earning him a more substantial role and impressive counting stats. His defensive metrics indicate consistent success, finishing in the 90th percentile or better in rim points saved per 100 possessions over multiple seasons. In a select group of players who have excelled in shooting efficiency, rebounding, and shot-blocking, only a few have played more minutes than Zubac, solidifying his standing in the league.