NBA Futures Odds: Raptors Championship Odds Post-Knicks Trade

Get the Latest Odds & Analysis on the Raptors Championship Odds in 2024!

After making a shocking move ahead of the New Year, the Toronto Raptors and New York Knicks have agreed on a massive trade that sent longtime Raptor forward, OG Anunoby to the Knicks in exchange for Canadian, RJ Barrett. This move has sent shockwaves across the NBA and has impacted both squad’s 2024 championship odds.

Anunoby was just one of three Raptors remaining from their 2019 Championship team, leaving Pascal Siakam and Chris Boucher as the sole survivors from that team.

Now that each team has had the chance to debut their newest acquisitions, let’s take a deep dive into the 2023-24 NBA Championship odds for the Raptors and Knicks.

At Canadian Sports Betting, we provide expert insight and analysis on the NBA so you can stuff your bet slip full of winning wagers this season. Below you will find the latest NBA Championship odds for each franchise in the league, as well as how the line has moved for the Raptors and Knicks post-trade.

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Toronto Raptors - New York Knicks Full Trade Details

Raptors Receive

  • RJ Barrett
  • Immanuel Quickley
  • 2024 Second-Round Draft Pick (via Detroit)

Knicks Receive

  • OG Anunoby
  • Malachi Flynn
  • Precious Achiuwa

Toronto Raptors Championship Odds (+40000)

While the Raptors certainly turned heads across the NBA with their acquisition of RJ Barrett and Immanuel Quickley from the Knicks, in the eyes of the oddsmakers this move has hindered their championship odds rather than helped them.

With the Raptors title chances dropping from the already longshot odds of +34750, they now sit at +40000 odds to win the 2024 NBA Championship after making their recent trade.

Even though this move made sense for both sides, it’s clear that the Raptors made this decision with an eye on the future rather than for competing in the present.

As they introduce two young players who can make an impact on both sides of the court, the Raptors will look to continue improving upon their fast-paced offensive game plan with the inclusion of Barrett and Quickley.

With both players having proven themselves capable of playing at a high tempo and making defences pay with routine three-point plays, the newest Raptors are sure to fit seamlessly into their environment.

Keep a close eye on the developing situation in the Great White North, as RJ Barrett looks to put on for his hometown and country, bringing the Raptors back into title contention in the near future if everything works according to plan.

New York Knicks Championship Odds (+5000)

With their sights set on making a deep run in the 2024 NBA Playoffs, the Knicks are now loaded with terrific two-way talent after adding OG Anunoby into their rotation.

One of the most highly-sought after players on the NBA trade market, Anunoby is the perfect fit for any modern NBA scheme. Possessing top-tier defensive skills to go along with reliable shooting and standout athleticism, Anunoby can be easily inserted into any lineup and produce positive results.

Set to take on an increased defensive role with the Knicks, Anunoby will be used to take pressure off All-Star duo Jalen Brunson and Julius Randle as he guards the best player on the opposing team, allowing their top-scorers to place their focus on getting buckets.

Since adding Anunoby onto their roster the Knicks have seen their 2024 NBA Championship odds slightly increase from +5250 to +5000. These odds could continue to increase throughout the season as the new-look Knicks continue to impress as Head Coach Tom Thibedeau continues to generate positive results thanks to his hard-nosed defensive game plan.

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.

Boston Celtics+340
Denver Nuggets+425
Milwaukee Bucks+450
Phoenix Suns+1000
Philadelphia 76ers+1100
Los Angeles Clippers+1100
Minnesota Timberwolves+1900
Los Angeles Lakers+2000
Oklahoma City Thunder+3000
Golden State Warriors+3500
Miami Heat+3500
Dallas Mavericks+3500
Sacramento Kings+4500
New York Knicks+5000
New Orleans Pelicans+5500
Cleveland Cavaliers+6000
Memphis Grizzlies+10000
Indiana Pacers+10000
Orlando Magic+16000
Atlanta Hawks+16000
Houston Rockets+20000
Toronto Raptors+40000
Brooklyn Nets+40000
Chicago Bulls+50000
Detroit Pistons+100000
Charlotte Hornets+100000
Washington Wizards+100000
Portland Trail Blazers+100000
Utah Jazz+100000
San Antonio Spurs+100000

Odds as of January 2nd, 2024 Courtesy of DraftKings Ontario Sportsbook

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Matt Eichhorn

Matt Eichhorn

Having worked in the Sports Gambling industry since 2020, Eichhorn has expertise in all things sports betting. With experience covering various major North American sports leagues he has a wide array of knowledge to draw from when crafting his work.