Early 2026 NBA Championship Odds

The 2026 NBA Championship odds for the are out. Although many teams appear to have chances, there’s no doubt that bettors and oddsmakers have settled on a clear favorite, the defending champion Oklahoma City Thunder. Led by Shai Gilgeous-Alexander and Chet Holmgren, the Thunder have the looks of a dynasty. Check out NBA Championship odds, analysis, and all-too-early picks for the 2026 title.

Odds to Win the 2026 NBA Championship

On the finale of #MadBoosties, @milesofgray and @jack_obrien are joined by @hmfaigen to recap the Thunder capturing their first championship in the OKC era and look ahead to a busy NBA offseason.

https://t.co/UFLlwP7TJM pic.twitter.com/ncP730XeOS

— NBA (@NBA) June 27, 2025

• Oklahoma City Thunder +220
• New York Knicks +650
• Cleveland Cavaliers +650
• Houston Rockets +850
• Orlando Magic +950
• Boston Celtics +1300
• Minnesota Timberwolves +1800
• L.A. Lakers +1800
• Denver Nuggets +1600
• L.A. Clippers +2500
• San Antonio Spurs +2800
• Golden State Warriors +2900
• Philadelphia 76ers +3200
• Dallas Mavericks +4100
• Indiana Pacers +6000
• Detroit Pistons +6000
• Milwaukee Bucks +10000
• Memphis Grizzlies +12000
• Toronto Raptors +18000
• Miami Heat +20000
• New Orleans Pelicans +20000
• Atlanta Hawks +23000
• Phoenix Suns +43000
• Portland Trail Blazers +50000
• Chicago Bulls +50000
• Brooklyn Nets +50000
• Charlotte Hornets +50000
• Utah Jazz +50000
• Washington Wizards +50000
• Sacramento Kings +50000

Top Pick to Win the 2026 NBA Championship: Oklahoma City Thunder

Nothing in the recently completed NBA Draft, nor any trades, including Kevin Durant’s move to the Houston Rockets, has changed the fact that the Thunder are the deepest and now most experienced contender in the NBA.

SGA, Holmgren, and superstar small forward Jalen Williams form a fantastic Big 3 that not only scores well but also plays excellent defense. Holmgren is a shot-blocking wiz, and SGA and Williams pride themselves on playing tough D. Let the dynasty begin.

Second Pick to Win the 2026 NBA Championship: Orlando Magic

Paolo Banchero is one of the top five players in the NBA. Every season, he has improved, and this upcoming season, he could take the next step and challenge Nikola Jokic and Shai Gilgeous-Alexander for the NBA MVP.

Banchero is that good. It helps that a player of Franz Wagner’s abilities starts next to Banchero. The backcourt of Desmond Bane and Jalen Suggs is turning into a serious duo. The Magic will rise in 2026.

Third Pick to Win the 2026 NBA Championship: Denver Nuggets

The Nuggets were close to upsetting eventual winner Oklahoma City. The reason is simple. No player on the planet can take over a game the way Nikola Jokic can. He deserves the MVP every season until he decides to hang up the sneakers.

Jamal Murray, Aaron Gordon, and Michael Porter Jr. remain. Russell Westbrook, off the bench, was a revelation this season. If the Nuggets had more cohesiveness in the beginning, firing the HC and GM shortly before the playoffs was a stunner, they might have secured the 1-seed. Give Denver a big, big shot to upset the Thunder. They might be the only team in the West that can.

Underdog Pick to Win the 2026 NBA Championship: San Antonio Spurs

Adding Dylan Harper, Rutgers’ excellent all-around player, to a starting five that includes Victor Wembanyama, Harrison Barnes, Devin Vassell, and De’Aaron Fox could be all the Spurs require to return to the top of the NBA.

Wembanyama remains the most difficult player to guard in the league. If Fox and Harper can gel, Vassell and Barnes can play secondary roles in the starting lineup, which should provide a more fluid offense. Don’t look past the Spurs to get it done.

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