The beginning of the NBA Free Agency period once again brought tumultuous shifts to the league’s landscape. Several teams, both championship-caliber teams and fringe playoff contenders alike, made significant moves to shift the NBA odds.
Only a handful of teams did enough to push the online sportsbook to readjust their betting odds. We look at five of such teams whose offseason moves have potentially altered their destinies this coming season.
Which NBA Teams Have Significantly Shifted Their Odds?
Los Angeles Lakers
Championship Odds: +300
Conference Odds: +150
Notable Adds: G Russell Westbrook, F Carmelo Anthony, C Dwight Howard, G Kendrick Nunn, G Malik Monk
Notable Losses: G Dennis Schroder, G Alex Caruso, C Andre Drummond, F Kyle Kuzma, F Montrezl Harrell
The Lakers top this list for obvious reasons. They didn’t get Damian Lillard as we boldly predicted, but the team pulled off a blockbuster deal and got former MVP, Russell Westbrook. They also practically replaced everyone not named LeBron James or Anthony Davis.
Westbrook is a big upgrade over Schroder while the team also added former All-Stars along with shooters. This move has pushed the Lakers closer to the Nets as far as NBA Championship odds go and they are chalk to come out of the West.
Golden State Warriors
Championship Odds: +1100
Conference Odds: +500
Notable Adds: G/F Andre Iguodala, F Otto Porter Jr., F Jonathan Kuminga, G Moses Moody
Notable Losses: G/F Kelly Oubre Jr., F Eric Paschall, G/F Kent Bazemore
The Warriors were the other Western team to make a splash. It wasn’t as big as landing a superstar, but the Warriors made significant upgrades for present and future.
The team reacquired former Finals MVP Iguodala and Porter to solidify their perimeter then drafted Moody, one of the best guard prospects who can contribute immediately. The team leapfrogged the Clippers and Jazz in the West and are right behind the Lakers as far as the odds.
Championship Odds: +1800
Conference Odds: +800
Notable Adds: G Kyle Lowry, F P.J. Tucker, F Markieff Morris
Notable Losses: G Goran Dragic, F Andre Iguodala, G Kendrick Nunn
The Heat acquired their own star point guard by trading for Lowry, who many believe is the missing piece that can make the team realize their championship potential. Whether that’s true or not, the Heat’s NBA title odds shortened and put them ahead of Dallas.
Per the conference odds, the Heat are behind the Sixers though they still sit distantly from Brooklyn and Milwaukee. The team also snatched Tucker away from Milwaukee and that may give them a leg-up over their playoff rival.
Championship Odds: +4000
Conference Odds: +2000
Notable Adds: G/F DeMar DeRozan, G Lonzo Ball, G Alex Caruso, G Ayo Dosunmu
Notable Losses: G Tomas Satoransky, F Thaddeus Young, F/C Daniel Theis,
The Bulls won’t be winning the NBA title this season as 40-1 suggests. But this is a marked improvement over 125-1 as they were originally lined at. Chicago made a salvo of moves that overhauled their roster of guards.
DeRozan is a 20-point scorer who can also handle ball handling duties while Ball and Caruso are 3-and-D players who will help ease their defensive woes. And at 20-1 via the conference odds, Chicago is now ranked seventh placing them as a playoff team.
Championship Odds: +10000
Conference Odds: +4000
Notable Adds: G/F Kelly Oubre Jr., F/C Mason Plumlee, G James Bouknight
Notable Losses: G Devonte’ Graham, G Malik Monk, C Cody Zeller
Like the Bulls, the Hornets won’t sniff the Larry O’Brien Trophy with these odds. But that’s still a significant shortening from their original odds at 125-1. This young and exciting team shuffled the lineup and acquired vets like Oubre and Plumlee to help now while also having a strong draft.
Charlotte got Bouknight, a highly touted scorer with the 11th pick then pulled off a trade to draft tantalizing big man Kai Jones. Losing Monk and Graham will hurt on offense but will benefit them significantly on defense.