The NBA free agent market officially opened today with a number of top players possibly finding new homes, which means the NBA Championship futures are likely to move quite often over the next few weeks.
This free agent period will have some of the biggest names in the game, which make for a potentially exciting period that will have prices movement on the futures boards and could change the balance of power in the league.
The free agent list is obviously led by superstar LeBron James who opted out of his last year with the Miami Heat. However, he is expected to remain with the Heat.
What his teammates Dwayne Wade and Chris Bosh decide is not known. The two also opted out of their contract with Miami and their destinations are not as clear.
Nevertheless, there have not been any substantiated rumors about the two leaving Miami so the Heat might be able to re-sign both as well.
Miami is current sitting at 5 to 2 on the futures board to win the NBA Championship, which was shortened from 3 to 1 last week on Bovada and sportsbook.com.
That movement suggests that bookmakers such as topbet and betonline expected the Big Three in Miami to re-sign and remain with the Heat.
In addition, Carmelo Anthony is in the mix. At one time, many thought Anthony would sign with Miami and make the Big Four, but since that rumor started during the NBA Finals, not much has been said.
Anthony will visit a number of teams this week prior to the Fourth of July holiday weekend. He will start with the Chicago Bulls, then the Houston Rockets, on to the Dallas Mavericks and end with the Los Angeles Lakers.
Unless Anthony changes his mind, it looks like Miami will stay with its Big Three and not add a Four.
On the other hand, the New York Knicks are confident that they can re-sign Anthony so they can rebuild a team around him. However, if Anthony wants to play of a title contender, the Knicks likely are not on his short list, as they did not even make the playoffs this past season.
In addition, the Knicks have a great deal of cap room to clear out and not much can be done until after the 2014-15 season and Anthony might not want to wait another season before playing in the postseason.
Other notable free agents on the board include Pau Gasol, Kyle Lowry, Eric Bledsoe, Chandler Parsons, Greg Monroe, Lance Stephenson and Luol Deng.
The entire list is long but those players and a few others will have the biggest impact on teams whether they re-sign with their current team or move on to another.
The 2014-15 NBA Championship Futures
MIAMI HEAT 5 to 2
OKLAHOMA CITY THUNDER 9 to 2
SAN ANTONIO SPURS 9 to 2
LOS ANGELES CLIPPERS 7 to 1
CHICAGO BULLS 7 to 2
INDIANA PACERS 20 to 1
GOLDEN STATE WARRIORS 20 to 1
HOUSTON ROCKETS 20 to 1
WASHINGTON WIZARDS 30 to 1
PORTLAND TRAIL BLAZERS 40 to 1