Contending NBA teams didn’t wait long to bolster their rosters when free agency opened on Sunday. The 76ers landed Paul George, the Mavs acquired Klay Thompson, the Pelicans traded for Dejounte Murray, the Knicks traded for Mikal Bridges, and the Thunder continued to add pieces around their young stars.
NBA betting sites are adjusting futures markets in light of these moves, and early action is already moving those lines.
NBA championship odds for 2024-25
Philadelphia 76ers futures odds: George added to fold
The Sixers signed Paul George to a four-year deal worth $212 million, and their odds to win the NBA Finals quickly shifted from +1400 to +800 at BetMGM, along with their odds to win the Eastern Conference going from +650 to +400 at that book. The Sixers also brought back Andre Drummond and added Eric Gordon. They lost Tobias Harris to the Pistons in free agency but still have some cap flexibility to add depth around Joel Embiid and Tyrese Maxey. Losing George has shifted the Clippers from opening odds of +2000 to +5000 to win the title.
Oklahoma City Thunder futures odds: Caruso, Hartenstein on way
While the Thunder didn’t land a name-brand star, their title odds have shortened from +950 to +800 following a couple of moves. They traded Josh Giddey for Alex Caruso and signed Isaiah Hartenstein to a three-year deal. Money is coming in on OKC, with BetMGM reporting 27.2% of handle being on the Thunder to win the title, despite the Celtics, Lakers, and Nuggets accounting for a higher percentage of tickets. The Thunder have also drawn 50% of the handle to win the Western Conference at BetMGM.
New York Knicks futures odds: Bridges joins college crew
Losing Hartenstein in free agency didn’t move the Knicks’ title odds at most books, with Fanatics Sportsbook holding New York at +850, the same number as the Thunder. The Knicks shifted from +1600 at open to +850 after trading five draft picks for Mikal Bridges and re-signing OG Anunoby to a five-year deal. The Knicks are drawing the highest percentage of handle and tickets to win the Eastern Conference at BetMGM, with their odds moving from +750 to +375.
Dallas Mavericks futures odds: Thompson, Marshall among adds
The Mavs pulled off a sign-and-trade for Klay Thompson and will pay the 34-year-old sharpshooter $50 million over three years. Dallas also acquired Naji Marshall after losing wing defender Derrick Jones Jr. in free agency. Coming off a run to the NBA Finals, the Mavs are getting the third-longest odds (+475) to win the Western Conference at DraftKings. The Mavs have actually slipped from +900 to +1000 to win the title at Fanatics and have odds of +1100 at some books, so adding Thompson hasn’t moved the market much. But losing Thompson has moved the Golden State Warriors from +2500 to +3500 at BetMGM to win the title.
Los Angeles Lakers futures odds: LeBron back with help?
After some speculation to kick off the offseason, LeBron James made the news by taking a pay cut and listing a few players he hoped the Lakers would sign with the extra cap space. Klay Thompson, James Harden (re-signed with the Clippers), and Jonas Valanciunas (signed by the Wizards) are off the board, but the Lakers should be active in free agency this summer. The Lakers have drawn the highest ticket percentage to win the West and to win the title at BetMGM. They’ve only drawn 8% of the handle at that book to win the West.
New Orleans Pelicans futures odds: Murray move moved odds
The Pelicans traded Dyson Daniels in a package for Dejounte Murray and should still be making moves this offseason following the loss of Jonas Valanciunas in free agency. The Pelicans have shifted from +5000 to +4000 to win the title and are still a longshot at +2200 to win the Western Conference at DraftKings. Brandon Ingram has been involved in trade rumors and could be on the move if the Pelicans look to further shake up their roster.