The Oklahoma City Thunder took Game 5 of the back-and-forth Western Conference finals against the San Antonio Spurs and are now just one win away from returning to the NBA Finals for a second straight year. That makes them odds-on title favorites — a status they’ve held for much of the postseason — once again at -140. San Antonio, on the brink of elimination, is +550 to win the championship.

The New York Knicks punched their ticket to the NBA Finals for the first time since 1999 and have the second-shortest odds to win the title at +205. The Knicks entered the postseason with 18-1 championship odds, trailing both the Boston Celtics and Cleveland Cavaliers, whom they swept in the Eastern Conference finals.

Roughly in line with the team future odds, each squad’s superstar is a favorite to win Finals MVP. Regular-season MVP Shai Gilgeous-Alexander leads the way at -135, with Jalen Brunson (+270), Victor Wembanyama (+650) and Karl-Anthony Towns (15-1) in chase.

Odds are provided by DraftKings Sportsbook and are as of publication.

2026 NBA championship odds

TeamChampConferenceOklahoma City Thunder

-140
-450
New York Knicks
+205
San Antonio Spurs
+550
+350

Finals MVP odds leaderboard

Shai Gilgeous-Alexander, Thunder -135
Jalen Brunson, Knicks +270
Victor Wembanyama, Spurs +650
Karl-Anthony Towns, Knicks 15-1
OG Anunoby, Knicks 30-1
Jalen Williams, Thunder 50-1
Chet Holmgren, Thunder 50-1
Stephon Castle, Spurs 80-1
Josh Hart, Knicks 90-1
De’Aaron Fox, Spurs 100-1
Alex Caruso, Thunder 120-1
Mikal Bridges, Knicks 200-1
Dylan Harper, Spurs 500-1
Devin Vassell, Spurs 500-1
Ajay Mitchell, Thunder 500-1

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