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

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