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LeBron James, Cleveland Cavaliers become gambling favorites

Online gambling site Bovada reacted quickly to the news of LeBron James returning to the Cleveland Cavaliers, making the team the favorite for the 2015 NBA championship
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Online gambling site Bovada reacted quickly to the news of LeBron James returning to the Cleveland Cavaliers, making the team the favorite for the 2015 NBA championship.

Bovada lists the Cavaliers at 4/1 odds of winning the title. The Cavaliers are reportedly pursuing Minnesota Timberwolves power forward Kevin Love to join James and Kyrie Irving. The reigning champion San Antonio Spurs come in at 5/1 and the Oklahoma City Thunder are listed at 6/1.

The Miami Heat fell to 50/1 as the futures of free agents Chris Bosh and Dwyane Wade are unclear. Bosh is reportedly in discussions to join the Houston Rockets.

Photo courtesy The Big Lead

Photo courtesy The Big Lead

MORE NBA COVERAGE: Report: Love interested in Cavaliers, Wiggins available ​| Ranking the NBA's top 25 free agents​ | Ten bargain buys in NBA free agency | NBA free agency: Early market trends​​

h/t The Big Lead

- Paul Palladino