The confetti is still clogging the drains in the streets of Cleveland, but that doesn’t stop Vegas from releasing championship betting odds for 2016-17 NBA season.

The NBA Draft just occurred and and the NBA Free Agency period hasn’t even started yet, but here we are talking about next year. A lot of players have already opted out of their contracts hoping to land more guaranteed money and others are being desperately shopped by their current teams.

Teams like the Indiana Pacers, Orlando Magic and the New York Knicks have certainly helped their odds thanks to some deals they made last week.

Are the Cleveland Cavaliers early favorites to repeat?

Golden State Warriors – +300
Cleveland Cavaliers – +300
Oklahoma City Thunder – +600
San Antonio Spurs – +800
Los Angeles Clippers – +2000
Miami Heat – +2000
Boston Celtics – +2500
Toronto Raptors – +4000
Atlanta Hawks – +5000
Minnesota Timberwolves – +5000
Chicago Bulls – +7500
Houston Rockets – +7500
Indiana Pacers – +7500
New Orleans Pelicans – +7500
New York Knicks – +7500
Portland Trailblazers – +7500
Charlotte Hornets – +10000
Los Angeles Lakers – +10000
Memphis Grizzlies – +10000
Utah Jazz – +10000
Dallas Mavericks – +12500
Detroit Pistons – +12500
Milwaukee Bucks – +12500
Washington Wizards – +12500
Orlando Magic – +15000
Denver Nuggets – +25000
Sacramento Kings – +25000
Philadelphia 76ers – +50000
Phoenix Suns – +50000
Brooklyn Nets – +100000

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About the Author…

Bobby Roberts (otherwise known as Sweetbob) is the creator of ‘America’s White Boy’ and contributor at Project Shanks. His writing has been featured on ESPN’s ‘SportsNation’, Sports Illustrated’s Hot Clicks, Guyspeed, and various other sites. You can follow him on Twitter at @Sweetbob.