Bull market: Chicago boosts NBA title odds with free agency bonanza / News - Basketnews.com

Credit: Kamil Krzaczynski-USA TODAY Sports Credit Kamil Krzaczynski-USA TODAY Sports

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

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