Latest Timberwolves' championship odds after Knicks advance to conference finals

We officially know three of the four teams that will be playing in the conference finals.

May 14, 2025; Minneapolis, Minnesota, USA; Minnesota Timberwolves guard Anthony Edwards (5) looks on with Minnesota Timberwolves guard Mike Conley (10) against the Golden State Warriors in the first half during game five of the second round for the 2025 NBA Playoffs at Target Center. Mandatory Credit: Jesse Johnson-Imagn Images | Jesse Johnson-Imagn Images

The Knicks were the third team to clinch a spot in the conference finals, after eliminating the Celtics on Friday night. According to FanDuel Sportsbook, the Timberwolves are the third favorite to win the NBA Championship at +460 odds.

2025 NBA championship odds via FanDuel Sportsbook (as of May 17)

Team	2025 NBA Championship Odds
Oklahoma City Thunder	+105
New York Knicks	+350
Minnesota Timberwolves	+460
Indiana Pacers	+700
Denver Nuggets	+1100

At +460, the Wolves' championship odds are the shortest that they've been all season. They are still awaiting their conference finals opponent, but their implied probability of winning it all has now climbed to 17.9%.

FanDuel Sportsbook has also released hypothetical future odds for the Western Conference finals with both of Minnesota's potential opponents. If it's Thunder-Timberwolves, Oklahoma City would be -350 favorites to win the series, and Minnesota would be +280 underdogs. If it's Nuggets-Timberwolves, Minnesota would be -136 favorites and Denver would be +116 underdogs.

The Wolves' future matchup against Oklahoma City or Denver is expected to be much more challenging than New York's test against Indiana, which is reflected in the championship odds. Minnesota would likely be favored in a series against the Knicks, but the Wolves have a harder path to get there.

Related: Bang! Bang! Mike Breen calls Timberwolves fans 'absolutely crazy'

This isn't necessarily unprecedented territory for the Timberwolves, as they opened as favorites in last year's Western Conference Finals over the Mavericks, and they had the second-best odds to win the title before that series.

Minnesota will officially find out its Western Conference Finals opponent after Sunday's Game 7 between the Thunder and Nuggets, which tips off at 2:30 p.m. CT.

Game odds refresh periodically and are subject to change. If you or someone you know has a gambling problem and wants help, call 1-800-GAMBLER.