2023-24 NBA Finals Odds Favor Nuggets & Bucks to Hoist Trophy (But Neither is the Best Bet)
2023-24 NBA Finals Odds Favor Nuggets & Bucks to Hoist Trophy (But Neither is the Best Bet)

The NBA has crowned a new champion as the Denver Nuggets earned the Larry O'Brien Trophy for the first time in franchise history. The 2022-23 season is now officially in the books, meaning the Nuggets as well as 29 other NBA squads must start figuring out how to be at the top in 2023-24.

With that in mind, let's check out the early contenders for next year's NBA Championship, according to FanDuel Sportsbook's 2023-24 NBA Finals odds that have been released.

2023-24 NBA Finals Odds by Team

It shouldn't come as a shock to see the Nuggets (+460) at the top of the early odds for the 2023-24 NBA Finals. Denver dusted the Miami Heat in a dominant five-game series and brings back a core built around two-time NBA MVP Nikola Jokic. He is surrounded by an elite supporting cast that includes big-time scorers like Jamal Murray and Aaron Gordon, which gives the Nuggets a chance to repeat.

Th e Milwaukee Bucks check in with the same odds as Denver (+460) despite the fact that they fell victim to a huge upset in the first round in 2022-23. Giannis Antetokounmpo is the star here and now has a new head coach in Adrian Griffin leading the way. Griffin helped the Toronto Raptors lift the Larry O'Brien Trophy in 2019, so it'll be interesting to see if he can corral a core made up of veteran pros.

The rest of the top five contenders include the Boston Celtics (+500), Phoenix Suns (+700) and Golden State Warriors (+1200). Boston has come so close to a championship over the last few years with Jayson Tatum leading the way, while Phoenix now has a full season with Kevin Durant on tap. And of course, Golden State is always going to be in the mix with Stephen Curry & Steve Kerr at the helm.

Check out the full list below:

Team

2023-24 NBA Championship Odds

Denver Nuggets

+460

Milwaukee Bucks

+460

Boston Celtics

+500

Phoenix Suns

+700

Golden State Warriors

+1200

Philadelphia 76ers

+1300

Los Angeles Lakers

+1500

Cleveland Cavaliers

+2100

Los Angeles Clippers

+2300

Miami Heat

+2700

Dallas Mavericks

+2700

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Memphis Grizzlies

+3000

New Orlean Pelicans

+3600

Sacramento Kings

+4500

New York Knicks

+5000

Minnesota Timberwolves

+6500

Toronto Raptors

+6500

Atlanta Hawks

+10000

Chicago Bulls

+12000

Oklahoma City Thunder

+12000

Brooklyn Nets

+12000

Portland Trail Blazers

+13000

Washington Wizards

+25000

Utah Jazz

+25000

San Antonio Spurs

+25000

Charlotte Hornets

+50000

Orlando Magic

+50000

Indiana Pacers

+50000

Houston Rockets

+50000

Detroit Pistons

+50000

2023-24 NBA Finals Best Bet

Backing the Nuggets to repeat as NBA Champions has some upside here, but I'm going to side with the Suns (+700) instead. Phoenix posted an 8-0 regular season record with Kevin Durant in the lineup and showcased its offensive ceiling by averaging 122 points per game in a five-game first-round win over the Los Angeles Clippers. Running into Denver in the second round ended the Suns' year, but at least they pushed the series to six games.

The scorin g duo of Kevin Durant (29.1 points per game last year) and Devin Booker (27.8 points per game) provides a solid foundation for this bet to stand on. The intrigue of what could come over the summer also makes it one worth backing. Phoenix is reportedly shopping both Deandre Ayton and Chris Paul and could get some capable scorers or young talent in return.

It also helps that Frank Vogel is the Suns' new head coach, as he comes with championship experience. Vogel led the Los Angeles Lakers to an NBA title in 2020 and is known for being a defensive-minded coach, which would benefit an offense-heavy team like Phoenix. He could also help bring out the best in young pros like Josh Okogie and Jock Landale, which would enable the Suns to take the next step.

  
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