The last time I looked at NBA Championship futures I said:
If I were placing a bet today (I would never) I might drop a minimum bet on the Chicago Bulls at 10-1 Cleveland Cavaliers at 50-1.
Low and behold the LeBron James signed with the Cavaliers and their odds are down to 9/2 (that’s 4.5-1) from 50-1. I don’t think the Cavs will win it all but that’s a nice value play. The Bulls odds are still 10-1 and probably not going anywhere.
Right now the New York Knicks look like the only team whose odds might change drastically when Carmelo Anthony re-signs but they still have no shot at the NBA championship.
The only other change in odds I see are the Houston Rockets if Chris Bosh signs. They might swing to 8-1 between the Oklahoma City Thunder and Los Angeles Clippers.
Updated odds to win the NBA Championship are below.
Who ya got now?