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.