NBA championship and MVP odds: Spurs, Thunder tied entering season; Wemby ahead of SGA

As the 2026-27 NBA season gets underway, last season's Western Conference finalists lead the charge as the clear favorites to win the NBA Finals, with the San Antonio Spurs and Oklahoma City Thunder tied atop the odds board at +270.

After a decently significant drop-off, the reigning champion New York Knicks come in at +900, tied with the new-look Philadelphia 76ers. Philly began the offseason at 60-1 but shortened to 20-1 after acquiring Jaylen Brown from the Boston Celtics (13-1), then again to their current level after the gargantuan signing of LeBron James.

The Cleveland Cavaliers broke away from a large pack of teams at 25-1, making it down to 22-1. The Houston Rockets also made a significant move over the summer, shortening from 50-1 to 35-1.

In all, 14 teams -- almost half the league -- will begin the season at 40-1 or shorter for the title.

Odds by DraftKingsand subject to change.

2026-27 NBA championship odds

Regular-season MVP odds

Victor Wembanyama +205

Shai Gilgeous-Alexander +380

Luka Doncic +475

Nikola Jokic +650

Jayson Tatum 12-1

Giannis Antetokounmpo 14-1

Anthony Edwards 16-1

Cade Cunningham 30-1

Jalen Brunson 50-1

Tyrese Maxey 90-1

Jaylen Brown 90-1

Donovan Mitchell 100-1

Tyrese Haliburton 120-1

Devin Booker 150-1

Stephen Curry 170-1

Kawhi Leonard 170-1

Kevin Durant 200-1

Joel Embiid 200-1

Paolo Banchero 250-1

Cooper Flagg 250-1