2027 NBA Championship Odds, Picks, and Sleepers

The New York Knicks are the 2026 NBA Champions, which means it’s already time to peek ahead to 2027.

Of course, a lot will happen in the NBA between now and next summer. But locking in NBA championship futures ahead of time could provide the best value. For instance, one year ago, the Knicks had +900 odds to win the championship following their Eastern Conference Finals defeat at the hands of the Indiana Pacers.

Let’s take a look at next year’s championship markets on Kalshi, which allows users to trade outcomes of real world events, like the 2027 NBA Finals. Remember, these markets fluctuate, so check them consistently.

Oklahoma City Thunder (27% chance, 27¢ yes)

The Thunder are favored to win next year’s championship despite losing to the San Antonio Spurs in the Western Conference Finals.

Thunder GM Sam Presti has a big arsenal of draft picks and Oklahoma City could decide that this offseason is the time to make a major move. Even if the Thunder don’t make a splash, their entire championship core headlined by two-time MVP Shai Gilgeous-Alexander will be healthy in 2026-27.

San Antonio Spurs (26% chance, 26¢ yes)

Much will be made about Victor Wembanyama’s first NBA Finals appearance. But at 22 years old, it’s pretty damn cool that he made it that far.

The Spurs are super young. They were too young to beat the Knicks. Another year together will help this group. There’s no substitute for experience in the NBA Playoffs, and this young group already has plenty of it from their deep run in 2026.

New York Knicks (15% chance, 15¢ yes)

Can the Knicks defend their championship?

Next year’s Eastern Conference will be much improved. The Boston Celtics will be healthy, if they decide to bring back Jayson Tatum and Jaylen Brown. The Pacers will have Tyrese Haliburton healthy, and the Cleveland Cavaliers could potentially have LeBron James.

New York’s title run was something to behold, and Jalen Brunson proved he should never be counted out.

Don’t sleep on these teams next year:

Pacers

From worst to first?

The Pacers will be much better with Haliburton and Ivica Zubac. Even though Indiana doesn’t have a draft pick, this team should be really good.

Pistons

J.B. Bickerstaff’s Pistons fell just short of beating the Cavs in Game 7 of the conference semifinals. Cade Cunningham will be an MVP frontrunner next season and has the playoff experience required to make a serious run.

Timberwolves

It feels like it’s only a matter of time before the breakthrough happens for Anthony Edwards. All of these other young, up and coming stars are getting NBA Finals reps. Edwards could be positioned to do the same in 2027.