Bull market: Chicago boosts NBA title odds with free agency bonanza

Betting on the Bulls might not be the stuff of longshots for the upcoming NBA season.

Chicago’s flurry in free agency has shifted the team’s 2022 NBA title odds dramatically in the course of 24 hours since the first news broke of the team acquiring Lonzo Ball from the New Orleans Pelicans.

Bringing in Ball in a sign-and-trade moved the Bulls from +10000 to +8000 at DraftKings.

There was no change when word of the signing of free agent guard Alex Caruso (Lakers) broke, but there was a quick adjustment on Tuesday afternoon.

The Bulls are now +6000 to win the NBA title following a reported sign-and-trade deal that brought DeMar DeRozan to Chicago from the San Antonio Spurs.

The Miami Heat landed Kyle Lowry, who said he was headed to South Beach, and also improved their 2022 title odds from +3500 to +2800.

Chicago sits a tier below Miami in a grouping with the Boston Celtics (+5000) and Portland Trail Blazers (+5000) and 15th overall in the DraftKings title futures.

NBA Championship odds for 2022:

Nets, +200

Lakers, +400

Bucks, +950

Warriors, +1000

Suns, +1600

76ers, +1600

Jazz, +1600

Clippers, +1800

Nuggets, +2000

Mavericks, +2800

Heat, +2800

Hawks, +3500

Celtics, +5000

Blazers, +5000

Bulls, +6000

Pelicans, +9000

Hornets, +10000

Raptors, +10000

Grizzlies, +10000

Knicks, +10000

Pacers, +10000

Wizards, +15000

Timberwolves, +25000

Spurs, +25000

Kings, +25000

Pistons, +50000

Cavaliers, +50000

Rockets, +50000

Thunder, +50000

Magic, +50000

–Field Level Media