As soon as the confetti hit the ground in San Antonio last night, it was time to look ahead to a new set of NBA Championship odds.
And while the Spurs fell short in these NBA Finals, the NBA odds board has high hopes for Victor Wembanyama and the rest of this talented young core moving forward, listing San Antonio as a +250 favorite to win in 2027.
It remains a tight field, though, with three more teams listed with odds shorter than 7/1. We break it all down below.
🏆 Opening 2026-27 NBA Championship odds
| Team |  |
|---|---|
 Spurs |
+250 |
 Thunder |
+260 |
 Celtics |
+550 |
 Knicks |
+650 |
 Pacers |
+2800 |
 Nuggets |
+2800 |
 Cavaliers |
+3000 |
 Pistons |
+3000 |
 Lakers |
+3000 |
 Timberwolves |
+3000 |
 Heat |
+4000 |
 Warriors |
+4500 |
Odds updated as of 6-14, courtesy of bet365, one of our best betting sites. Sign up with our bet365 promo code, or get one of our other sportsbook promos.
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📈 2026-27 NBA Championship favorites
San Antonio Spurs (+250)
Despite falling flat in this year's NBA Finals, it's easy to see that the San Antonio Spurs' best days are ahead of them.
The young core of Victor Wembanyama, Dylan Harper, and Stephon Castle will surely improve, and the team has now gotten a glimpse of what is needed to win at the highest level. As +250 solo favorites, they won't be sneaking up on anyone this year.
Oklahoma City Thunder (+260)
Injuries to key contributors made the Oklahoma City Thunder's title defense much harder than it would have appeared during the season, and yet OKC managed to go up 2-1 and 3-2 over the Spurs before flaming out in the Western Conference Finals.
The core of back-to-back MVP Shai Gilgeous-Alexander, Jalen Williams, and Chet Holmgren remains, and if J-Dub can get back to playing regularly, this team will flirt with 70 wins for a third straight regular season and be a threat to hoist the Larry O'Brien for a second time.
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Boston Celtics (+550)
Jayson Tatum's late return from injury in time for a title run last season proved to be fool's gold, as the Boston Celtics blew a 3-1 lead to the 76ers in Round 1.
But with Giannis Antetokounmpo trade rumours starting to swirl, not much has to happen for Boston to regain title contender status.
New York Knicks (+650)
Some may see the New York Knicks listed fourth and see that as disrespectful to the champs, but for as beloved as this team became over the last two months, the comeback magic can't be sustainable.
They were down double-digits in four of five Finals games, and a more experienced opponent would have been able to withstand New York's comeback runs, but if we've learned anything, it's that anything is possible when Jalen Brunson is on your side.
Odds are correct at the time of publishing and are subject to change.
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