Whether the same can be said of the division they head after three games of the new season is up for debate though.
Veteran coach Jeff Jones is happy he has enough players fighting for places to keep everyone on their toes.
But the fact that Magic have yet to be fully tested in seven EBL Division One league and Trophy games, explains why the idea that they could emulate Reading's achievement of last season and hog the silverware, is gaining credence.
Jones has added Brazilian-Italian Ciao Avona to a roster that is built on the solid foundation of guards Stefan Gill and Brandon Kimbrough and big man David `Tintin' Watts - arguably the three best players in the league.
The latest arrival - an athletic forward - and the return of young England guard Josh Houghton, leaves Jones relatively happy with a squad that, his top trio apart, has an accent on youth.
Other recent newcomers, James Hagan, Federico Fridel, Yann Fasbender and Tom Pearson, are bedding in and young home-grown forward Nathan Schall is making a good impression.
"We have around 15 guys now who are all coming to work and pushing each other," said Jones.
"We know the main three are solid and there is plenty of competition."
Leader Gill is keeping his inexperienced team-mates focused "by constantly reminding them at practice and before games not to get complacent."
He added: "We're a young team and each win builds their confidence and makes them hungrier instead of making them complacent."
While the group doesn't match up to the experience, depth and overall talent of the 2008 treble-winning squad - or even Magic's Cup winners of the year before - it is well-equipped enough to be top of the pile, with seemingly only one serious challenger at this point. Jones admitted he was surprised by the ease with which his men despatched Bristol on Saturday - a 31-point winning margin against a team supposedly among the stronger in the division doesn't say much for the test the strugglers will provide.
Last year's quadruple champions Reading are winless after seeing their roster decimated and third-placed finishers in 08-09 London Leopards are having a similar struggle with a 1-3 record.
If things don't change dramatically, Derby Trailblazers, like Jones' men on three wins from three, will be Magic's rivals for the big prizes. "They are without doubt going to be our main challengers," said Jones. "I expected a tougher match from Bristol, but on paper Derby are the strongest."
Adapted
With Gill leading the divisional scoring averages and Kimbrough not far behind, Magic are looking good.
That, allied to the all-round skills of Watts, should mean Jones has reason to be confident of winning a league that isn't as strong as it has been in recent years, with quality English players - many previously with Magic - progressing to the BBL.
For now though, Gill is enjoying the ride, adding: "My game has adapted to the type of players we have in Brandon and Tintin.
"Brandon is very good at his job which make our jobs easier. The three of us read each other and play off each other very well. With players of that calibre on a team, my role becomes that much simpler as I don't have to work as hard and waste unnecessary energy."
Keeping his main men fit is the key to success for Jones - along with bettering Derby.
The first opportunity to do that comes with a trip there on Saturday, after which only one 100 per cent record will remain in EBL1.
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