July 11, 2014 at 3:26 pm

LeBron James-led Cavaliers 4-1 favorites to win 2015 NBA championship

LeBron James won NBA titles with Miami in 2012 and 2013. (Mike Ehrmann / Getty Images)

LeBron Jamesí announcement on Friday that he was returning to Cleveland instantly made the Cavaliers the favorites to win the 2015 NBA championship, according to online oddsmaker Bovada.

The Cavaliers are the 4-1 favorites with the Spurs second at 5-1 and the Thunder third at 6-1. The Pistons are tied for 25th in the 30-team NBA at 100-1.

ODDS TO WIN NBA CHAMPIONSHIP

Odds from Bovada.lv

Cleveland, 4-1

San Antonio, 5-1

Oklahoma City, 6-1

Chicago, 7-1

Houston, 8-1

L.A. Clippers, 10-1

Indiana, 18-1

Golden State, 25-1

Portland, 25-1

Dallas, 33-1

L.A. Lakers, 33-1

Washington, 33-1

Brooklyn, 40-1

New York, 40-1

Toronto, 40-1

Memphis, 50-1

Miami, 50-1

New Orleans, 50-1

Denver, 66-1

Phoenix, 66-1

Atlanta, 75-1

Boston, 75-1

Charlotte, 75-1

Detroit, 100-1

Minnesota, 100-1

Milwaukee, 200-1

Orlando, 200-1

Philadelphia, 200-1

Sacramento, 200-1

Utah, 200-1