The Central Division-leading Cavaliers are 2-1 favorites to win the Larry O’Brien Trophy and are gunning to lock up the second seed in the Eastern Conference playoffs behind the Southeast-leading Atlanta Hawks, who have 10-1 odds after clinching the top seed in the East.
With just two weeks remaining in the regular season, 10 of 16 teams have clinched berths in the postseason, with the last six spots still up for grabs.
Like Atlanta, Golden State has already clinched the top seed in the Western Conference. The Warriors are 12-5 favorites on the odds to win the NBA title and look like they will face their stiffest competition from the playoff teams in the Southwest Division, including the Memphis Grizzlies (14-1), Houston Rockets (14-1) and defending-champion San Antonio Spurs (6-1).
The Portland Trail Blazers (33-1) could also compete with those squads in the West, as they closing in on the Northwest Division title. They currently have a healthy lead over the Oklahoma City Thunder (also 33-1) in the Northwest and hope to secure one of the top four seeds in the conference, which would give them home-court advantage in the first round of the playoffs.
The Thunder saw their odds dramatically drop when it was announced that All-Star forward and 2014 MVP Kevin Durant would undergo season-ending foot surgery. Oklahoma City was listed as having 8-1 odds of winning the NBA championship on February 15.
In the East, the other top contenders who have already clinched playoff berths include the Atlantic Division champion Toronto Raptors (40-1), the Chicago Bulls (16-1) and the Washington Wizards (100-1). The Raptors have won their division, with every other team in the Atlantic under .500, while the Bulls have played a lot better lately and are eagerly anticipating the return of point guard Derrick Rose from knee surgery.
Chicago still has a shot at the Central Division crown but is chasing Cleveland, along with the second seed in the East. The Wizards look to be locked into the fifth seed behind Toronto, and they would play the Raptors in the first round if the postseason started today.
Odds via Odds Shark.