Current NBA Championship Odds From William Hill. Thanks LeBron.

LeBron James - Cleveland Cavaliers
LeBron James – Cleveland Cavaliers

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?

Spurs – 4/1
Cavaliers – 9/2
Thunder – 7/1
Clippers – 9/1
Bulls – 10/1
Rockets – 12/1
Pacers – 12/1
Warriors – 15/1
Blazers – 25/1
Lakers – 25/1
Mavericks – 25/1
Heat – 30/1
Wizards – 40/1
Nets – 40/1
Grizzlies – 40/1
Raptors – 50/1
Pelicans – 50/1
Suns – 50/1
Knicks – 60/1
Bobcats – 75/1
Nuggets – 75/1
Hawks – 75/1
Timberwolves – 100/1
Celtics – 100/1
Pistons – 150/1
Kings – 150/1
Jazz – 150/1
Magic – 150/1
76ers – 200/1
Bucks – 250/1

Photo: Cleveland Scene