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Lakers NBA Championship Odds: How the LeBron James Extension Impacts the Odds

LeBron James has signed a two-year $97.1 million to stay with the Los Angeles Lakers. Here's a look at the Lakers NBA Championship odds after the news of James' extension broke.
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Lakers NBA Championship Odds: How the LeBron James Extension Impacts the Odds

LeBron James is set to enter his 20th season in the NBA this year. It's crazy to think that King James has been doing this for two decades but that's our reality here as basketball fans.

Today, James signed a two-year $97.1 million extension to remain with the Los Angeles Lakers. That max extension will keep him under contract with the Lakers through the 2024-25 season.

With the news of the Lakers signing James to an extension, we check in on the latest Lakers NBA Championship odds.

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NBA Championship Odds

TeamOddsImplied Chance
Celtics+45018.18%
Warriors+65013.33%
Clippers+80011.11%
Bucks+80011.11%
Suns+10009.09%
Heat+15006.25%
76ers+16005.88%
Lakers+18005.26%

Click here for the latest NBA Championship odds

Lakers NBA Championship Odds +1800 (Bet $100 to win $1800)

The Los Angeles Lakers have the eighth-best odds to win the NBA Championship which hasn't changed since the LeBron James contract extension. Somehow, a team with Russell Westbrook, LeBron James, Carmello Anthony, Anthony Davis, Dwight Howard, etc. finished with a 33-49 record.

Sure, those guys are much older now but that is one of the most disappointing finishes for a team that made the playoffs in 2021, and won the NBA Finals the year prior. It's almost reminiscent of the 2013 Lakers who brought in Dwight Howard and Steve Nash and the team underachieved massively.

Los Angeles has high expectations for the 2022 season and they have been linked to Kevin Durant and Kyrie Irving. If you buy into one of those guys going out west, you might want to get on this number now before we see some movement.

With this new extension, LeBron James has now earned $532 million in guaranteed money. Hats off to the King, and here's to watching at a minimum a couple more years of LeBron dominating in the NBA.

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OddsChecker sports writer Matt O'Leary brings experience sports betting advice to the OC staff. You may recognize Matt from his popular New York Jets youtube channel, but his vast knowledge of sports and betting goes well past the boundaries of New York.

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