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Betting on the Bulls might not be the stuff of longshots for the upcoming NBA season.

Chicago’s flurry in free agency has shifted the team’s 2022 NBA title odds dramatically in the course of 24 hours since the first news broke of the team acquiring Lonzo Ball from the New Orleans Pelicans.

Bulls’ Odds Continue Shortening

Bringing in Ball in a sign-and-trade moved the Bulls from +10000 to +8000 at DraftKings.

There was no change when word of the signing of free agent guard Alex Caruso (Lakers) broke, but there was a quick adjustment on Tuesday afternoon.

The Bulls are now +6000 to win the NBA title following a reported sign-and-trade deal that brought DeMar DeRozan to Chicago from the San Antonio Spurs.

The Miami Heat landed Kyle Lowry, who said he was headed to South Beach, and also improved their 2022 title odds from +3500 to +2800.

Chicago sits a tier below Miami in a grouping with the Boston Celtics (+5000) and Portland Trail Blazers (+5000) and 15th overall in the DraftKings title futures.

NBA Championship odds for 2022

• Nets, +200
• Lakers, +400
• Bucks, +950
• Warriors, +1000
• Suns, +1600
• 76ers, +1600
• Jazz, +1600
• Clippers, +1800
• Nuggets, +2000
• Mavericks, +2800
• Heat, +2800
• Hawks, +3500
• Celtics, +5000
• Blazers, +5000
• Bulls, +6000
• Pelicans, +9000
• Hornets, +10000
• Raptors, +10000
• Grizzlies, +10000
• Knicks, +10000
• Pacers, +10000
• Wizards, +15000
• Timberwolves, +25000
• Spurs, +25000
• Kings, +25000
• Pistons, +50000
• Cavaliers, +50000
• Rockets, +50000
• Thunder, +50000
• Magic, +50000

–Field Level Media (@FieldLevelMedia)