Updated 2026 NBA Finals odds after wild trade deadline

The 2026 NBA Trade Deadline was bonkers. Many players were sent away, and it involved a ton of star players as well. The biggest names of them all did not get traded, Giannis Antetokounmpo and Ja Morant; however, many teams got better over the course of the week.

Anthony Davis, James Harden, Darius Garland, Jaren Jackson Jr, Nikola Vucevic, Khris Middleton, Ivan Zubac, Kristaps Porzingis, Chris Paul, Jared McCain, Buddy Hield, Bennedict Mathurin, Jose Alvarado, and Jonathan Kuminga were all traded away. Those are just the big names. There were many others who were traded away, and some of those names not mentioned may seriously contribute to their new teams.

The 2026 NBA Finals odds have not changed much at all this season. With the Oklahoma City Thunder the favorite for a majority of the season, the teams surrounding them have all been in a close bunch.

Let’s take a look at the updated odds after the NBA Trade Deadline, courtesy of Novig.

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1. OKC +127
2. DEN +590
3. CLE +1251
4. BOS +1371
5. DET +1393
6.  NYK +1393
7. SAS +1463
8. HOU +1718
9. MIN +1941
10. PHI +3348
11. LAL +3604
12. ORL +5163
13. MIA +7592
14. CHA +8233
15. GSW +8991

The Thunder are a dominant force, but the San Antonio Spurs beat them a total of four times this season in five meetings. They may be the only team in the West outside of Nikola Jokic and the Denver Nuggets who could dethrone the Thunder from a chance at back-to-back titles.

The Eastern Conference is wide open. The Cavaliers own the top odds in the East after acquiring James Harden, who can still ball. The Celtics could get Jayson Tatum back, which has the betting market believe they will be in the mix and have played very well this season. The Detroit Pistons are currently the top team in the East, but they don’t have the experience to give oddsmakers a reason to give them the top odds. Lastly, the Knicks have a shot to win it all. They have a deep team and just got a defensive wizard in Jose Alvarado to improve on the already elite defensive squad.

The run to the Finals begins now!

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