The re-tooling and re-branding of the Toronto Raptors has reached its climax as they have completed a trade sending longtime Raptors and former All-NBA forward Pascal Siakam to the Indiana Pacers in exchange for multiple first-round picks.
With this move both the Raptors and Pacers have made their intentions clear as to what they aim to accomplish this season and into the future, so why not check out how this blockbuster trade has effected both teams 2024 NBA Championship odds?
At Canadian Sports Betting, we provide expert insight and analysis on the NBA so you can stay informed and win big on all the action taking place this season. Below we’ve broken down the full trade between the Raptors and Pacers as well as their current odds to hoist the Larry O’Brien in 2024.
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Toronto Raptors - Indiana Pacers Full Trade Details
- Bruce Brown
- Jordan Nwora
- Kira Lewis Jr.
- 2024 First-Round Pick (via Indiana)
- 2024 First-Round Pick (Lesser of Jazz/Clippers/Rockets/Thunder)
- 2026 First-Round Pick (via Indiana Top-4 Protected)
- Pascal Siakam
- 2024 Second-Round Pick (via Pelicans)
- Cash Considerations
Toronto Raptors 2024 NBA Championship Odds (+50000)
After going all-in on investing toward the future, the Toronto Raptors have shipped off one of the franchises all-time best players in Pascal Siakam. With the teams current leading scorer now headed to Indiana, the Raptors 2024 NBA Championship odds have taken a considerable drop.
Moving from and already unfavourable +26000 to the now longshot odds of +50000, oddsmakers have essentially ruled out any chance of the Raptors making any noise in the postseason this year.
With the Raptors undergoing a complete facelift to their roster as well as still traversing through the adjustments to their game plan made by new Head Coach Darko Rajakovic, it’s likely that we see the Raps plummet down the Eastern Conference standings.
While the Raptors did acquire a solid rotational player in Bruce Brown, it’s still unclear as to whether or not the former NBA Champion will remain a part of the Raptors roster this season.
The Raptors have pushed all their chips into the middle and are now relying on hitting in the 2024 NBA Draft as they hope to build toward the future, and centering their focus around Scottie Barnes as their cornerstone piece in the years to come.
Indiana Pacers 2024 NBA Championship Odds (+7000)
After acquiring the services of two-time NBA All-Star Pascal Siakam, the Pacers have seen their NBA Championship odds jump up to +7000 from +9500 odds prior to the trade.
With the addition of Spicy P, the Pacers have greatly improved their team in multiple aspects. Having struggled to get stops on the defensive end throughout the 2023-24 season, Siakam will bring his terrific defensive intensity and skillset that will help keep the Pacers from being involved in night-to-night shootouts.
Another major boost to the Pacers success after trading for Siakam comes from his ability to form a 1-2 punch with breakout star point guard, Tyrese Haliburton. Undoubtedly one of the top playmakers in the NBA, Haliburton can now place ample emphasis on facilitating and leaving the go-to scoring opportunities to Siakam in half-court sets.
While the Pacers are sure to have a tough road ahead of them among a competitive Eastern Conference, adding Siakam to their lineup has certainly given them a positive boost towards reaching the NBA Finals for the first time since 2000.
2023-24 NBA Championship Odds
Want to know the latest NBA Championship odds across the league? Then be sure to check out the latest title odds for each squad below and see where the rest of the league stands as they compete for the 2024 NBA Championship.
|Los Angeles Clippers
|Oklahoma City Thunder
|Los Angeles Lakers
|New York Knicks
|New Orleans Pelicans
|Golden State Warriors
|Portland Trail Blazers
|San Antonio Spurs
Odds as of January 18th, 2024 Courtesy of DraftKings Ontario Sportsbook