Open Extended ReactionsThe Oklahoma City Thunder captured their first NBA championship since moving to Oklahoma, and now Shai Gilgeous-Alexander and crew are the favorites to do it again in 2026. The Thunder open as championship favorites, with the Cleveland Cavaliers, New York Knicks and Houston Rockets next in line. The Boston Celtics, missing Jayson Tatum, also open at 14-1 as do the Los Angeles Lakers. 1 pick in the NBA Draft, are sixth in the Western Conference, with 22-1 championship odds. 2025-26 NBA championship odds