Despite Finals loss, Golden State Warriors are favorites in 2017

ByABC News
June 19, 2016, 11:27 PM

— -- The Golden State Warriors, not the champion Cleveland Cavaliers, head into an intriguing offseason as the favorites to win the 2017 NBA title in Las Vegas.

The Cavaliers pulled off one of the best comebacks in NBA history, rallying from a 3-1 series deficit in the NBA Finals to dethrone the Warriors with a Game 7 victory. But the Westgate SuperBook has the Golden State as the favorite, at 7-4, to win the 2017 NBA Championship. The Cavs are next at 5-2, followed by the San Antonio Spurs at 6-1 and Oklahoma City Thunder at 8-1.

Golden State couldn't cap off a record-breaking season with a second straight championship, but returns the core of its roster. Harrison Barnes, a regular starter for the Warriors, is among the team's restricted free agents, and key bench contributor Marreese Speights is an unrestricted free agent. However, Stephen Curry, Klay Thompson and Draymond Green are under contract and expected to return. Curry will be an unrestricted free agent in 2017, in time for an expected increase of the salary cap.

Big names could be on the move this summer, though, most notably the Thunder's Kevin Durant, an unrestricted free agent.

Westgate oddsmaker Jeff Sherman said the Thunder's 8-1 odds are reflective of Durant returning to Oklahoma City. Sherman noted, though, that the SuperBook is taking lower limits on the 2017 future bets "until after the free agency period gets going and there is more clarity."

Cleveland is the clear-cut favorite in the Eastern Conference. James has a player option to stay with the Cavs. Cleveland is the only Eastern Conference team with single-digit odds to win next year's title. The Boston Celtics are 20-1, and the Miami Heat and Toronto Raptors are each listed at 25-1.

Houston center Dwight Howard, Detroit center Andre Drummond and Toronto guard DeMar DeRozan are among the other free agents that could have an impact on next season's championship odds.

The Brooklyn Nets, at 500-1, head into the offseason as the biggest longshots on the board.

Odds to win the 2017 NBA Championship (Courtesy of the Westgate SuperBook in Las Vegas):

Warriors 2-1

Cavaliers 9-4

Spurs 6-1

Thunder 7-1

Clippers 16-1

Celtics 20-1

Heat 25-1

Raptors 25-1

Bulls 40-1

Hawks 40-1

Timberwolves 60-1

Pelicans 60-1

Rockets 60-1

Trail Blazers 60-1

Grizzlies 80-1

Jazz 80-1

Lakers 80-1

76ers 80-1

Wizards 100-1

Pacers 100-1

Mavericks 100-1

Bucks 100-1

Pistons 100-1

Knicks 100-1

Kings 100-1

Magic 100-1

Hornets 100-1

Nuggets 200-1

Suns 300-1

Nets 500-1