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

The Oklahoma City Thunder are the early favorites to win the 2025-26 NBA Championship, with the Cleveland Cavaliers and New York Knicks close behind.

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

Note: Odds as of publication. For the most up-to-date odds, visit ESPN BET.

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