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2026-27 NBA Finals Odds: OKC Favored; Heat Surge After Giannis Trade

News RoomBy News RoomJune 23, 2026No Comments4 Mins Read
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For the first time in a long time, the Knicks are NBA champions. 

But as we all know, the NBA news cycle moves quickly, especially in the summer.

Here are the odds for who will win the 2026-27 NBA title as of June 23, now that the biggest trade of the offseason has already happened.

This page may contain affiliate links to legal sports betting partners. If you sign up or place a wager, FOX Sports may be compensated. Read more about Sports Betting on FOX Sports.

 2026-27 NBA Finals winner

Thunder: +250 (bet $10 to win $35 total)
Spurs: +260 (bet $10 to win $36 total)
Celtics: +600 (bet $10 to win $70 total)
Knicks: +750 (bet $10 to win $85 total)
Heat: +2000 (bet $10 to win $210 total)
Nuggets: +2200 (bet $10 to win $230 total)
Pistons: +2500 (bet $10 to win $260 total)
Lakers: +3000 (bet $10 to win $310 total)
Wolves: +3500 (bet $10 to win $360 total)
Rockets: +4000 (bet $10 to win $410 total)
Pacers: +4000 (bet $10 to win $410 total)
Cavaliers: +4000 (bet $10 to win $410 total)
Hawks: +5500 (bet $10 to win $560 total)
76ers: +6500 (bet $10 to win $660 total)
Clippers: +7000 (bet $10 to win $710 total)
Warriors: +7500 (bet $10 to win $760 total)
Magic: +7500 (bet $10 to win $760 total)
Hornets: +8000 (bet $10 to win $810 total)
Blazers: +10000 (bet $10 to win $1,010 total)
Raptors: +10000 (bet $10 to win $1,010 total)
Suns: +15000 (bet $10 to win $1,510 total)
Wizards: +20000 (bet $10 to win $2,010 total)
Jazz: +20000 (bet $10 to win $2,010 total)
Mavericks: +22500 (bet $10 to win $2,260 total)
Pelicans: +40000 (bet $10 to win $4,010 total)
Bucks: +50000 (bet $10 to win $5,010 total)
Nets: +50000 (bet $10 to win $5,010 total)
Grizzlies: +50000 (bet $10 to win $5,010 total)
Bulls: +50000 (bet $10 to win $5,010 total)
Kings: +100000 (bet $10 to win $10,010 total)

Here’s what to know about this oddsboard: 

Making Waves: After the Finals concluded, Miami opened at +4000 to win it all. Then, it landed Giannis Antetokounmpo in a blockbuster trade a day before the NBA Draft, and now sit fifth on the board, ahead of the Nuggets, Pistons, Lakers, Cavaliers and others. Quite the jump. Antetokounmpo is a two-time MVP and 10-time All-Star, but the last few years — since the Bucks won the title at the conclusion of the 2020-21 season — have not been kind to the now-31-year-old Greek superstar. After that championship run, the Bucks lost in the second round the following season, before losing in the first round for three consecutive seasons and missing the playoffs entirely this past season. Antetokounmpo has also missed 104 regular-season games in the past five seasons, an average of almost 21 games per season. 

The Defending Champs: Wow. The last time the Knicks won an NBA title was 53 years ago. That losing streak is now over. New York dispatched of San Antonio in five games, and finished this postseason winning 15 of its last 16 games, going 16-3 overall. Can you believe it? Jalen Brunson was named Finals MVP after putting up a crucial 45 points in Game 5. The early oddsboard gives New York the fourth-shortest odds to go back-to-back. 

The Contenders: The Spurs made the Finals in Victor Wembanyama’s first playoff appearance, beating the former defending champion Thunder in the Western Conference finals — and now, those two teams are tied atop the oddsboard to win it all next year. OKC was the title favorite all of this past season, but fell at home in Game 7 of the West finals to the up-and-coming Spurs. Those two teams are expected to battle it out in the West again next year. Third on the board, just ahead of the Knicks, are the Celtics, who fell in the first round of this year’s playoffs. 

Read the full article here

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