The Oklahoma City Thunder captured their first NBA championship since moving to Oklahoma, and now Shai Gilgeous-Alexander and crew are the favorites to do it again in 2026. The Thunder open as championship favorites, with the Cleveland Cavaliers , Denver Nuggets , New York Knicks and Los Angeles Lakers next in line.

The Houston Rockets moved from 18-1 to +850 after trading for 15-time all star Kevin Durant before settling in at 14-1. The Eastern Conference champion Indiana Pacers are 80-1, as they will be missing leading scorer Tyrese Haliburton , who went down with a right leg injury in Game 7 of the NBA Finals. The Boston Celtics , missing Jayson Tatum , opened at 14-1 before slipping to 30-1.

The Dallas Mavericks , who took Cooper Flagg with the No. 1 ove

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