Las Vegas Sportsbooks Adjusting NBA Future Odds Amidst Rumors

By: Matty Simo | Monday, July 7, 2014

While almost everybody in the sports media seems to have an opinion on where top NBA free agents LeBron James and Carmelo Anthony will land this week, the speculation has also impacted NBA future odds at sportsbooks in Las Vegas. Depending on who you believe, the Los Angeles Lakers have emerged as serious suitors for Anthony's services, and the LVH SuperBook and William Hill sportsbooks have taken notice. One of them is just taking the rumors a little more seriously than the other.

Click here to view the latest NBA future odds from LVH SuperBook.

The SuperBook dropped LA's odds to win the 2015 NBA Championship down to 40/1 from 50/1 last week compared to William Hill, which has the Lakers at 25/1. Similarly, the SuperBook has the Cleveland Cavaliers at 30/1 now after opening them at 60/1 with William Hill sitting at 20/1.

If you have looked at today, you have probably already seen the report about the Cavs making a strong pitch for James to return to the Cavs, where he started his career before spurning them for greener pastures in South Beach with the Miami Heat four years ago. The team website even pulled the infamous letter Cleveland owner Dan Gilbert wrote about him in hopes of luring him back.  

Anthony's status is also yet to be determined, with the Lakers, New York Knicks and Chicago Bulls among the frontrunners. The Knicks can give him a max contract of $129 million over five years compared to LA's offer of $97 million over four years while the Bulls would likely need to work a sign-and-trade deal with New York in order to acquire Anthony. In addition, all three teams are chasing free agent big man Pau Gasol, who would be a nice complement for any of them alongside Anthony in the frontcourt.

Oddsmaker Jeff Sherman from the SuperBook said the Lakers would likely drop to 15/1 if they could re-sign Gasol and ink Anthony, who would move them to 20/1 if he solely joined Kobe Bryant in LA. Sherman also said the Cavs would fall to 8/1 if James returned.

The Houston Rockets are another interesting team to watch, as they are making a run at another member of Miami's "Big Three" in Chris Bosh with Anthony reportedly leaning elsewhere after visiting with the team last week. Sherman said adding Bosh would drop Houston from 16/1 to 12/1.

And what if Chicago strikes out again like the team did four years ago when James, Bosh and Dwyane Wade all visited before deciding to sign together with the Heat? The Bulls would move from 7/1 back up to 12/1 where they opened at the SuperBook. Chicago should be improved next season regardless of what happens during free agency with point guard Derrick Rose returning from another knee surgery and strong draft picks that include former Creighton star Doug McDermott and Spanish star Nikola Mirotic, who was selected in 2011 and is expected to join the team after playing for Real Madrid.

Please note: Since this article was posted early Monday, the Cavs have dropped to 12/1 to win the 2015 NBA Championship at the SuperBook and 15/1 at William Hill. Keep in mind, odds are always subject to change.

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