The San Antonio Spurs and Oklahoma City Thunder open as co-favorites to win the 2027 NBA Finals at +250, followed by the Boston Celtics at +550. The New York Knicks, despite winning the championship on Saturday, have the fourth best odds at +700.

The next block of teams have significantly longer odds beginning with the Indiana Pacers and Denver Nuggets at +2800, and the Minnesota Timbewolves, Los Angeles Lakers, Detroit Pistons and Cleveland Cavaliers at +3000.

On Polymarket, the Spurs and Thunder are both trading at 22 percent followed by the Celtics at 11 percent, the Knicks at nine percent, and the Miami Heat at five percent.

The NBA has had eight different champions over the past eight seasons and would have a ninth if the Spurs can return to the Finals and win it in 2027.

2027 NBA Championship Odds

1. Spurs: +250
1. Thunder: +250
3. Celtics: +550
4. Knicks: +700
5. Pacers: +2800
5. Nuggets: +2800
7. Timberwolves: +3000
7. Lakers: +3000
7. Pistons: +3000
7. Cavaliers: +3000
11. Heat: +4000
12. Warriors: +4500
13. 76ers: +5500
14. Rockets: +6000
15. Clippers: +7500
16. Magic: +8000
17. Trail Blazers: +9000
17. Hornets: +9000
19. Raptors: +10000
19. Hawks: +10000
21. Wizards: +12000
21. Suns: +12000
21. Mavericks: +12000
24. Jazz: +20000
25. Pelicans: +25000
25. Bucks: +25000
25. Nets: +25000
28. Grizzlies: +50000
29. Bulls: +70000
30. Kings: +100000