Cleveland Cavaliers NBA Championship Odds 2023-24

By Andrew Norton | Aug 25, 2023, 9:35pm

Contents

The current Cleveland Cavaliers NBA championship odds are . Cleveland put together an impressive 51-31 record, which was good for fourth place in the Eastern Conference; however, when the playoffs rolled around, the New York Knicks proved to be more physical and playoff-ready. New York knocked Cleveland out in just five games, with three of its four wins coming by double-digits. Can Cleveland step up this season when it counts? Check out the Cavaiers NBA Championship odds below!

Cleveland Cavaliers NBA Championship Odds & Futures 2023-24

The current odds for Cleveland futures are located in the table below. It includes championship, conference, division, and win total odds for the Cavaliers.

Cleveland Cavaliers NBA Championship Odds & Futures	Odds (Updated March 2025)
2023 NBA Championship Odds
Eastern Conference Winner Odds
Central Division Winner Odds
Regular Season Win Total Odds
Odds To Reach Playoffs

A weak playoff outing forced Cleveland’s hand in the off-season; it re-signed Caris LeVert, completed a sign-and-trade for Max Strus, and brought in Georges Niang. Niang and Strus immediately add much-needed wing depth and three-point shooting, two areas that the Cavs needed to improve.

Bringing in a movement shooter like Strus should also add spacing in the halfcourt and in transition, which will drastically widen the driving lanes that were being clogged by Allen and Mobley. Will these moves be enough to catapult Cleveland to the top of the Eastern Conference? Take a look at the Cavs’ strengths and weaknesses below here!

Reasons Why Cleveland Cavaliers Can & Can’t Win NBA 2023-24 Championship

Strengths

Interior Defense/Overall Defense: Interior defense? Check. The Cavaliers ranked second in opponent non-blocked two-point percentage, evidencing how well they contest shots inside the perimeter. The combination of Evan Mobley and Jarrett Allen provides Cleveland with two talented rim protectors; it is incredibly challenging to shoot or score over their length. Further, Cleveland finished with the lowest (best) defensive rating and allowed the sixth-lowest opponent eFG% in the NBA. A slight improvement in perimeter contests will elevate this team to even greater heights.
Guard Play: Cleveland had trouble last season getting even above-average guard play from anyone not named Darius Garland. Now, Donovan Mitchell has helped elevate the talent on the perimeter for this Cavs team; he has fit in perfectly with Garland. Mitchell just averaged a career-high 28 points per game in what was by far his most efficient season to date. He has put together roughly a 48/39/87 shooting split, while Garland shot 46% from the field and 41% from deep. This duo is one of the best backcourts in the league.
Bench Play: Cleveland finished sixth in bench net rating last season and only improved this off-season. The Cavaliers were able to bring back Caris LeVert on a two-year deal to keep the two most important pieces of their bench unit intact (LeVert and Ricky Rubio.) Isaac Okoro also moves from the starting lineup to the bench, and Cleveland also brought in Georges Niang, a career 40%+ three-point shooter. The only potential area that the Cavs could improve is their backup center; however, Evan Mobley can shift to center occasionally when Jarrett Allen needs a breather. Expect this unit to be a top three or four bench unit in the league

Weaknesses

Perimeter Defense: As briefly mentioned above, Darius Garland and Donovan Mitchell form an elite offensive backcourt, but Cleveland’s perimeter defense as a whole was suspect last year. First, both players are undersized relative to their position, giving opponents size mismatches nearly every night. Despite having the best defensive rating as a team in the entire NBA in 2022-23, the Cavs ranked just 20th in opponent 3P% (three-point percentage), which is an exploitable hole.
Playoff Performance: Besides Milwaukee and Memphis, no other team underperformed quite like Cleveland; it lost in just five games to the Knicks in the 2023 Playoffs. The Grizzlies and Bucks at least dealt with injury issues throughout their first round matchups, but Cleveland was simply bullied from the beginning to the end.

Andrew Norton

Drew is one of the NBA Lead Writers at Lineups.com, specializing in betting content such as game predictions and player props. With a deep knowledge of players and prospects, Drew has an extensive edge in covering everything NBA.