The Denver Nuggets are just a few weeks removed from winning their first NBA championship, but teams have since turned their attention to next season.
Quickly after the Nuggets' Game 5 victory over the Miami Heat, the offseason transaction cycle went into full swing. The 2023 NBA Draft shook up the young talent in the league, followed by an active free agent period filled with player movement.
There are still plenty of unsigned free agents, but basketball fans are eagerly awaiting the start of the next NBA season.
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Who will be the next team to win it all? Here is what the oddsmakers have to say after the major free agent moves:
Which team is the favorite to win the 2024 NBA Finals?
The Nuggets are listed at +450 to repeat as champions by winning the 2024 Finals, according to our partner, PointsBet.
The Boston Celtics are tied at +450 after trading for Kristaps Porzingis, followed by the Milwaukee Bucks and Phoenix Suns tied at +650.
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The Heat, meanwhile, have the fifth-best title odds for next season at +800, likely with the expectation that they could acquire Damian Lillard from the Portland Trail Blazers.
Which team has the worst odds to win the 2024 NBA Finals?
On the other end of the scale, the Charlotte Hornets, Detroit Pistons and Washington Wizards are viewed as the biggest long shots to win the 2024 Finals. All three teams have +50000 odds to win it all next season.
- Denver Nuggets: +450
- Boston Celtics: +450
- Milwaukee Bucks: +650
- Phoenix Suns: +650
- Miami Heat: +800
- Golden State Warriors: +1100
- Los Angeles Lakers: +1300
- Philadelphia 76ers: +1600
- Los Angeles Clippers: +1800
- Dallas Mavericks: +2200
- Memphis Grizzlies: +2200
- Cleveland Cavaliers: +2500
- Sacramento Kings: +3300
- New Orleans Pelicans: +4000
- New York Knicks: +4000
- Minnesota Timberwolves: +6600
- Toronto Raptors: +7500
- Atlanta Hawks: +7500
- Oklahoma City Thunder: +8000
- Brooklyn Nets: +10000
- Chicago Bulls: +12500
- Portland Trail Blazers: +20000
- San Antonio Spurs: +20000
- Utah Jazz: +20000
- Houston Rockets: +25000
- Indiana Pacers: +35000
- Orlando Magic: +35000
- Charlotte Hornets: +50000
- Detroit Pistons: +50000
- Washington Wizards: +50000
Editor's note: All odds are provided by our partner, PointsBet. PointsBet is our Official Sports Betting Partner and we may receive compensation if you place a bet on PointsBet for the first time after clicking our links.