NBA Championship Odds: Not a Lot of Odds Movement After Free Agent Frenzy
NBA Championship Odds: Not a Lot of Odds Movement After Free Agent Frenzy
The NBA Championship odds market has been shaken up by the free agency frenzy. The top teams remain the same, but oddsmakers did see some clear winners and losers. Here’s a look at how free agency has shaken up the NBA Championship odds.
NBA Free Agency Begins With a Bang
It would be an understatement to say that the start of NBA free sgaency has shaken things up across the NBA. The roster reshuffling started on draft night, with Russell Westbrook teaming up with LeBron and Anthony Davis in Los Angeles, but it didn't stop there.
Kyle Lowry is now a member of the Miami Heat following a sign and trade that Toronto executed with Miami. Lonzo Ball is one of the newest members of the Chicago Bulls, along with Demar DeRozan. Carmelo Anthony is joining lontime freind LeBron James in Los Angeles and Devonte Graham is now a New Orleans Pelican.
NBA Championship Odds
| Team | Odds prior to free agency | Odds after free agency | Rank before and after |
|---|---|---|---|
| Brooklyn Nets | +230 | +230 | 1st to 1st |
| LA Lakers | +400 | +425 | 2nd to 2nd |
| Milwaukee Bucks | +850 | +850 | 3rd to 3rd |
| Golden State Warriors | +1300 | +1150 | 4th to 4th |
| Phoenix Suns | +1500 | +1500 | 6th to T5th |
| Utah Jazz | +1400 | +1500 | 5th to T5th |
| Philadelphia 76ers | +1600 | +1800 | 7th to 7th |
| LA Clippers | +2000 | +2000 | T8th to 8th |
| Denver Nuggets | +2000 | +2500 | T8th to 9th |
| Dallas Mavericks | +2800 | +3000 | 10th to T10th |
| Miami Heat | +3500 | +3000 | T11th to T10th |
| Atlanta Hawks | +3500 | +4000 | T11th to 12th |
| Boston Celtics | +5000 | +4500 | T13th to 13th |
| Portland Trail Blazers | +5000 | +6000 | T13th to 14th |
| Indiana Pacers | +10000 | +10000 | T17th to T15th |
| Memphis Grizzlies | +10000 | +10000 | T17th to T15th |
| New Orleans Pelicans | +8000 | +10000 | T15th to T15th |
| New York Knicks | +10000 | +10000 | T17th to T15th |
| Chicago Bulls | +10000 | +12500 | T17th to 19 |
| Charlotte Hornets | +10000 | +15000 | T17th to T20th |
| Toronto Raptors | +8000 | +15000 | T15th to T20th |
| Washington Wizards | +15000 | +20000 | 22nd to 22nd |
| Sacramento Kings | +25000 | +25000 | T23rd to T23rd |
| San Antonio Spurs | +25000 | +25000 | T23rd to T23rd |
| Minnesota Timberwolves | +25000 | +30000 | T23rd to 25th |
| Cleveland Cavaliers | +50000 | +50000 | T26th to T26th |
| Detroit Pistons | +50000 | +50000 | T26th to T26th |
| Houston Rockets | +50000 | +50000 | T26th to T26th |
| OKC Thunder | +50000 | +50000 | T26th to T26th |
| Orlando Magic | +50000 | +50000 | T26th to T26th |
Not a lot of movement on the odds board, but there a few clear winners and losers. The Denver Nuggets went from +2000 to +2500, a steep drop. The Miami Heat went from +3500 to +3000, which has them among the top-10 on the market. The biggest loser seems to be the Toronto Raptors who saw their odds drop from +8000 to +15000. It’s also clear that the oddsmakers see the NBA championship races as more or less a 3 or 4 team race. Of course, at this time last year, the Suns odds were given +6600 oods.
A PR Associate at @OddsCheckerUS. Available for Podcasts, Radio, and TV. Quoted in Forbes, Chicago Tribune, Sports Illustrated, and more.