NBA Championship Odds Following NBA Free Agency Frenzy

Chris Paul and Kyle Lowry are now locked into long-term deals.
Chris Paul and Kyle Lowry are now locked into long-term deals. / Mike Ehrmann/Getty Images

UPDATE: The Chicago Bulls' odds to win the NBA title have shifted from +7500 to +4000 following their addition of DeMar DeRozan via a sign-and-trade with the San Antonio Spurs. DeRozan joins Lonzo Ball as the Bulls' major offseason acquisitions.

Day one of NBA free agency has come and gone, and several teams have put themselves in a better position to contend for an NBA title in the 2021-22 season. 

The Miami Heat made a major splash by acquiring Kyle Lowry in a sign-and-trade with the Toronto Raptors while also bringing in P.J. Tucker from the defending champion Milwaukee Bucks

Miami moved from +3000 to +2200 in WynnBET’s NBA Finals odds, but the Heat aren’t the only ones who were active in free agency. 

Chris Paul reportedly returned to the Phoenix Suns on a brand new deal that will pay him $120 million over the next four seasons. The Utah Jazz are preparing to run it back against Phoenix in the Western Conference by signing Mike Conley to a three-year deal. 

Lonzo Ball is now a Chicago Bull, along with Alex Caruso, and it’s only a matter of time before LaVar Ball claims that Zo is better than Michael Jordan, right? 

The New York Knicks made a major move in WynnBET’s NBA championship odds after signing Evan Fournier to replace Reggie Bullock. The Knicks also brought back key free agents in Derrick Rose, Nerlens Noel and Alec Burks after their impressive 41-31 season last year. 

Kawhi Leonard is still unsigned, but the expectation is that he will return to the Los Angeles Clippers this offseason. 

The Los Angeles Lakers brought in some veterans and familiar faces with Dwight Howard, Wayne Ellington, Trevor Ariza and Kent Bazemore all agreeing to deals to play alongside LeBron James, Russell Westbrook and Anthony Davis. Los Angeles is second to the Brooklyn Nets in the NBA Finals standings, and while Brooklyn brought back Blake Griffin, it did lose Jeff Green to the Denver Nuggets.

Here are how the NBA Finals odds at WynnBET stack up after a busy first day of NBA Free agency: 

NBA Championship Odds by Team After Free Agency Day One

  • Brooklyn Nets: +225
  • Los Angeles Lakers: +375
  • Milwaukee Bucks: +900
  • Golden State Warriors: +1000
  • Phoenix Suns: +1600
  • Philadelphia 76ers: +1800
  • Denver Nuggets: +2000
  • Miami Heat: +2200
  • Utah Jazz: +2200
  • Dallas Mavericks: +2500
  • Los Angeles Clippers: +2800
  • Atlanta Hawks: +4000
  • New York Knicks: +4000
  • Chicago Bulls: +4000
  • Boston Celtics: +5000
  • Memphis Grizzlies: +6000
  • Charlotte Hornets: +7500
  • New Orleans Pelicans: +7500
  • Indiana Pacers: +7500
  • Portland Trail Blazers: +7500
  • Toronto Raptors: +10000
  • Oklahoma City Thunder: +25000
  • Orlando Magic: +25000
  • Detroit Pistons: +25000
  • San Antonio Spurs: +25000
  • Sacramento Kings: +25000
  • Washington Wizards: +25000
  • Cleveland Cavaliers: +30000
  • Minnesota Timberwolves: +30000
  • Houston Rockets: +30000

Who is your early pick to win the NBA Finals? Get in on the action with the WynnBET app.