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2024-25 NBA championship odds: Celtics favored; Warriors rise after Butler trade Find help us

The NBA trade deadline has been one for the ages. On the heals of Luka Doncic being traded to Lakers in a blockbuster deal sending Anthony Davis to the Mavericks, the Heat are sending Jimmy Butler to the Golden State Warriors for a package involving Andrew Wiggins, Dennis Schröder, Kyle Anderson and a protected first-round draft pick.

While the Boston Celtics became NBA champions for the 18th time at the end of last season, the path to another championship won’t be a cakewalk, with a number of real contenders in both conferences.

And with so much trade movement involving multiple all-stars, there’s been some movement in the odds to win the title this year.

Here’s a look at the NBA title odds at DraftKings Sportsbook as of Feb 5.

2024-25 NBA Finals winner:

Boston Celtics: +240 (bet $10 to win $34 total)
Oklahoma City Thunder: +245 (bet $10 to win $34.50 total)
New York Knicks: +850 (bet $10 to win $95 total) 
Cleveland Cavaliers: +900 (bet $10 to win $100 total)
Denver Nuggets: +1400 (bet $10 to win $150 total)
Los Angeles Lakers: +1700 (bet $10 to win $180 total)
Memphis Grizzlies: +2500 (bet $10 to win $260 total)
Milwaukee Bucks: +2500 (bet $10 to win $260 total)
LA Clippers: +2800 (bet $10 to win $290 total)
Golden State Warriors: +3500 (bet $10 to win $360 total)
Dallas Mavericks: +3500 (bet $10 to win $360 total)
Minnesota Timberwolves: +4000 (bet $10 to win $410 total)
Philadelphia 76ers: +5000 (bet $10 to win $510 total)
Houston Rockets: +6000 (bet $10 to win $610 total)
Phoenix Suns: +6000 (bet $10 to win $610 total)
Indiana Pacers: +10000 (bet $10 to win $1,010 total)  
Miami Heat: +10000 (bet $10 to win $1,010 total)
Sacramento Kings: +12000 (bet $10 to win $1,210 total) 
Orlando Magic: +20000 (bet $10 to win $2,010 total)
San Antonio Spurs: +20000 (bet $10 to win $2,010 total)
Detroit Pistons: +70000 (bet $10 to win $7,010 total)
New Orleans Pelicans: +100000 (bet $10 to win $10,010 total)
Atlanta Hawks: +100000 (bet $10 to win $10,010 total)
Washington Wizards: +100000 (bet $10 to win $10,010 total)
Utah Jazz: +100000 (bet $10 to win $10,010 total)
Toronto Raptors: +100000 (bet $10 to win $10,010 total)
Portland Trail Blazers: +100000 (bet $10 to win $10,010 total)
Chicago Bulls: +100000 (bet $10 to win $10,010 total)
Charlotte Hornets: +100000 (bet $10 to win $10,010 total)
Brooklyn Nets: +100000 (bet $10 to win $10,010 total)

With that, the Warriors odds jumped from +5500 to +3500 after news of the Butler trade.

As for the Heat, their odds actually improved from +20000 on Feb. 3rd to +10000 after receiving Wiggins.

Another huge trade took place in the NBA on Sunday evening; a three-teamer between San Antonio, Sacramento and Chicago. 

After the trade, the Spurs moved from +60000 to +20000 on the title oddsboard.

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