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Well, the moves start comin’ and they don’t stop comin’, Shams hits send and we hit the ground runnin…

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The NBA championship odds saw significant movement on Wednesday following a blockbuster trade, with the Boston Celtics sending Jaylen Brown to the Philadelphia 76ers in exchange for Paul George and a bevy of draft picks.

Meanwhile in La-La Land, LeBron James has confirmed that he will indeed be back for the 24th season of his career… just not with the Los Angeles Lakers.

The Los Angeles Clippers have also dealt Kawhi Leonard back to the Toronto Raptors, paving the way for a second chapter with the franchise he famously led to a title. In return, the Clippers are completely resetting their future, hauling in Brandon Ingram, Gradey Dick, and a hefty package of draft picks.

Still sitting atop the NBA odds board are the San Antonio Spurs and the Oklahoma City Thunder. With free agency underway, check out the full list of odds below.

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🏆 Latest 2027 NBA Championship odds

Team

 

Spurs

+250

Thunder

+250

Knicks

+850

Celtics

+1100

Nuggets

+2000

Raptors

+2200

Pistons

+2200

Cavaliers

+2200

Timberwolves

+2500

Philadelphia 76ers

+2700

Heat

+2700

Lakers

+3500

Odds updated as of 7-1, courtesy of bet365, one of our best betting sites. Sign up with our bet365 promo code, or get one of our other sportsbook promos.

Latest NBA championship odds movement

As a result of the massive trade between Boston and Philly, the Celtics have seen their NBA Finals odds fall from +700 to +1100, while Philadelphia is now listed at +2700 after adding to a core that already includes Tyrese Maxey and Joel Embiid.

Rumors are swirling that LeBron’s next home could remain in California, with the Golden State Warriors (+4500) emerging as the most aggressive suitor looking to land the 41-year-old superstar.

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NBA Championship trends

  • Since the Warriors’ 2018 repeat, the NBA has seen eight different champions in eight years. This is the longest such streak since the late 1970s.

  • 23 of the last 26 champions ranked in the Top 10 in Defensive Rating during the regular season.

  • 24 of the last 26 champions were Top 5 in either Offensive or Defensive efficiency.

  • Since 2019, nearly every champion has been led by a non-U.S. superstar or a team built on international depth.

🏀 NBA Finals winners since 2000

Year

Team

Opening Odds

2026

New York Knicks

+700

2025

Oklahoma City Thunder

+950

2024

Boston Celtics

+550

2023

Denver Nuggets

+1400

2022

Golden State Warriors

+1200

2021

Milwaukee Bucks

+500

2020

Los Angeles Lakers

+1800

2019

Toronto Raptors

+6600

2018

Golden State Warriors

-168

2017

Golden State Warriors

+215

2016

Cleveland Cavaliers

+300

2015

Golden State Warriors

+2500

2014

San Antonio Spurs

+1000

2013

Miami Heat

+250

2012

Miami Heat

+225

2011

Dallas Mavericks

+3000

2010

Los Angeles Lakers

+250

2009

Los Angeles Lakers

+350

2008

Boston Celtics

+1000

2007

San Antonio Spurs

+450

2006

Miami Heat

+350

2005

San Antonio Spurs

+400

2004

Detroit Pistons

+1500

2003

San Antonio Spurs

+1100

2002

Los Angeles Lakers

+200

2001

Los Angeles Lakers

+180

2000

Los Angeles Lakers

+400

Odds courtesy of Sports Odds History.

This article originally appeared on Covers.com, read the full article here and view our best betting sites or check out our top sportsbook promos.

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