Video saliency prediction aims to identify the regions in a video that attract human attention and gaze, driven by bottom-up features from the video and top-down processes like memory and cognition. Among these top-down influences, language plays a crucial role in guiding attention by shaping how visual information is interpreted. Existing methods primarily focus on modeling perceptual information while neglecting the reasoning process facilitated by language, where ranking cues are crucial outcomes of this process and practical guidance for saliency prediction. In this paper, we propose CaRDiff ($\textbf{Ca}$ption, $\textbf{R}$ank, and generate with $\textbf{Diff}$usion), a framework that imitates the process by integrating multimodal large language model (MLLM), a grounding module, and a diffusion model, to enhance video saliency prediction. Specifically, we introduce a novel prompting method VSOR-CoT ($\textbf{V}$ideo $\textbf{S}$alient $\textbf{O}$bject $\textbf{R}$anking $\textbf{C}$hain $\textbf{o}$f $\textbf{T}$hought), which utilizes an MLLM with a grounding module to caption video content and infer salient objects along with their rankings and positions. This process derives ranking maps that can be sufficiently leveraged by the diffusion model to accurately decode the saliency maps for the given video. Extensive experiments showcase the effectiveness of VSOR-CoT in improving the performance of video saliency prediction. The proposed CaRDiff performs better than state-of-the-art models on the MVS dataset and demonstrates cross-dataset capabilities on the DHF1k dataset through zero-shot evaluation.