The San Antonio Spurs and Oklahoma City Thunder are the early favorites to win the 2026-27 NBA championship, according to sportsbooks odds released shortly after the New York Knicks clinched the 2025-26 title.
The Knicks defeated the Spurs in the NBA Finals, but oddsmakers have installed the Spurs as co-favorites alongside the Thunder at +250 odds. This means a bettor would need to wager $250 to win $100.
The Boston Celtics are third at +550, while the champion Knicks are fourth at +650.
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Odds are expected to shift depending on the future of Milwaukee Bucks superstar Giannis Antetokounmpo, whose potential move is the most anticipated event of the offseason.
