When the Lakers traded for Steve Nash earlier this month, it did not take Las Vegas oddsmakers long to respond.
Los Angeles had been posted at 12-1 to win the NBA title next season, but dropped to 8-1 after news of the Nash acquisition was announced.
Defending champion Miami is the NBA favorite at 2-1 odds (down from 3-1 after inking Ray Allen), followed by the Thunder at 3-1 and the Bulls at an inflated 7-1.
Chicago seems quite overrated by these odds supplied by pregame.com.
The Suns went from 60-1 to 100-,1 after losing Nash, while the Nets dropped from 100-1 to 40-1, after signing guards Deron Williams and Joe Johnson.
San Antonio ranks fifth at 10-1, while the Celtics are an intriguing pick at 20-1, as are the Pacers.
The New York Knicks came in at 30-1, with the rudderless Orlando Magic posted at 40-1.
If you prefer long shots, there are always Detroit and Golden State at 130-1, ahead of Charlotte at 150-1.