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.
New Kids On The Block 😮💨 pic.twitter.com/xIqWYEVdDg
— Toronto Raptors (@Raptors) January 2, 2024
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.
If you’re interested in getting some skin in on the NBA future markets, be sure to check out our in-depth reviews on the top NBA betting sites in Canada.
After carefully vetting each of the top Ontario sportsbooks on the market, we’ve compiled the best betting sites in Canada into one spot so you can find a trusted and reliable oddsmaker to throw down your next bet with.
Sign up today using the links provided to the bookmaker that’s right for you and score your first big-time payday with the latest NBA Championship odds found below.
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.
| Team | Odds |
|---|---|
| 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
Want more NBA betting news? At Canadian Sports Betting, we provide you with the best bets and sports gambling advice on all the biggest games and events.
Follow us on Twitter @cdnbetting and TikTok @canadiansportsbetting for exclusive picks you won’t find anywhere else.
:quality(70)/s3.amazonaws.com/arc-authors/xlmedia/e446ed8c-c200-46ca-bbd5-3816457d877d.jpg)
