2025-26 NBA Championship Odds: Thunder Lead as Favorites, Cavs and Knicks in Hot Pursuit

Fresh off their first NBA championship, the Oklahoma City Thunder are poised to make history by repeating their success in the 2025-26 season. The Thunder, led by the dynamic Shai Gilgeous-Alexander, have opened as the championship favorites, with odds of +220.

Contenders in the Mix

The Cleveland Cavaliers and New York Knicks are not far behind, with odds of +700 and +750, respectively. Both teams have made significant roster improvements and are expected to be strong contenders in the Eastern Conference.

Houston Rockets' Bold Move

The Houston Rockets have made a splash in the offseason by acquiring 15-time All-Star Kevin Durant. This move has significantly improved their championship odds, now standing at +850.

Injury Impact

The Indiana Pacers, last season's Eastern Conference champions, have seen their odds drop from 10-1 to 14-1 following a right leg injury to their leading scorer, Tyrese Haliburton, during Game 7 of the NBA Finals.

Other Notable Teams

The Boston Celtics and Los Angeles Lakers, both missing key players in Jayson Tatum and LeBron James, respectively, are also at 14-1. The Dallas Mavericks, holding the No. 1 pick in the NBA Draft, are sixth in the Western Conference with 22-1 odds.

Full Championship Odds

Team	Championship Odds
Oklahoma City Thunder	+220
Cleveland Cavaliers	+700
New York Knicks	+750
Houston Rockets	+850
Indiana Pacers	14-1
Minnesota Timberwolves	14-1
Boston Celtics	14-1
Los Angeles Lakers	14-1
Denver Nuggets	18-1
Orlando Magic	18-1
Golden State Warriors	22-1
Dallas Mavericks	22-1
Sacramento Kings	22-1
LA Clippers	33-1
Philadelphia 76ers	33-1
Detroit Pistons	40-1
Miami Heat	50-1
Milwaukee Bucks	66-1
Memphis Grizzlies	100-1
Atlanta Hawks	100-1
San Antonio Spurs	100-1
Toronto Raptors	100-1
Chicago Bulls	200-1
Phoenix Suns	300-1
New Orleans Pelicans	300-1
Portland Trail Blazers	500-1
Charlotte Hornets	500-1
Washington Wizards	500-1
Brooklyn Nets	500-1
Utah Jazz	500-1