NBA Championship Odds & Favorites 2026-27: Thunder, Spurs Among Favorites to Win

The San Antonio Spurs and Oklahoma City Thunder are now co-favorites at +270 in the 2026-27 NBA championship odds.

The defending champion New York Knicks sit in the next tier at +900, tied with the Philadelphia 76ers, while the Boston Celtics follow at +1300.

There’s a sizable drop after that, with the Cleveland Cavaliers at +2200 and the Toronto Raptors, Minnesota Timberwolves, Detroit Pistons, and Denver Nuggets all listed at +2500. The Miami Heat have slipped to +3000, with the Los Angeles Lakers next at +3500.

Read on for the 2026-27 NBA Championship odds. 

📊 NBA championship odds 2026-27

Our NBA championship odds update in real time based on the latest NBA odds.

🔢 NBA championship opening odds

Odds via DraftKings as of June 14, 2026.

• Spurs: +270
• Thunder: +270
• 76ers: +900
• Knicks: +900
• Celtics: +1300
• Cavaliers: +2200
• Raptors: +2500
• Timberwolves: +2500
• Pistons: +2500
• Nuggets: +2500
• Heat: +3000
• Lakers: +3500
• Pacers: +4000
• Rockets: +5000
• Warriors: +6000
• Hawks: +7000
• Trail Blazers: +8000
• Magic: +8000
• Raptors: +10000
• Hornets: +10000
• Suns: 12000
• Suns: +12000
• Wizards: +15000
• Mavericks: +18000
• Jazz: +20000
• Pelicans: +40000
• Clippers: +50000
• Bulls: +70000
• Bucks: +70000
• Nets: +100000
• Kings: +100000
• Grizzlies: +100000

❓ NBA Championship FAQs

Who is favored to win the 2027 NBA championship?

The Oklahoma City Thunder and San Antonio Spurs are the favorites to win the 2027 NBA championship, with odds of +250 and +270, respectively.

Who won the NBA Finals in 2026?

The New York Knicks won the NBA Finals in 2026 by eliminating the San Antonio Spurs in five games.

When will the 2027 NBA Finals be decided?

The 2027 NBA Finals will likely be decided by mid-to-late June next year.

Who won NBA Finals MVP in 2026?

New York Knicks guard Jalen Brunson won NBA Finals MVP in 2026.