Sixers Championship odds have been slashed following James Harden pay-cut

FILE – Philadelphia 76ers’ James Harden gestures during the first half of Game 3 of the team’s NBA basketball second-round playoff series against the Miami Heat, May 6, 2022, in Philadelphia. A person familiar with the situation said Harden chose not to exercise his $47.4 million option for next season and will become a free agent — but with no designs on leaving Philadelphia. Harden made the decision to allow the 76ers the flexibility they need to sign other players this summer, said the person who spoke to The Associated Press on condition of anonymity because neither side confirmed those plans publicly. (AP Photo/Matt Slocum, File)

The Sixers were knocked out of the Eastern Conference semifinals for the second year in a row just a few months ago after ending the season with a 51-31 record. A lot has changed since then, and their odds of finally winning a Championship in 2022-23 is one of those things.

Sixers 2022-23 Odds are plumetting

Following the NBA Finals, The Sixers were +1600 to win it all next year according to Caesars Sportsbook. According to DraftKings, they’re now +1200. It’s very fair to assume that James Harden taking a $15M pay-cut to remain with the team and help them compete has played a big role in this, with bettors.

Surprisingly, the Celtics are actually favorites now at +550, while the Suns, Clippers, and Warriors all sit at +650.

Sixers fans were understandably disappointed when their playoff run came to an end on the back of a campaign that many feel should’ve netted Joel Embiid an MVP Award. Unfortunately, that somehow evaded him for the second season in a row. But with James Harden now pledging his alliance to the City of Brotherly Love, there’s a sense that the Sixers might finally be poised to make a real run and go toe-to-toe with some of their fiercest rivals over a seven-game series.

The Beard’s decision helped the team land coveted free agents P.J. Tucker and Danuel House, bolstering the roster and giving them some much-needed help. With a new-look team and an even bigger big-3 than before, the Sixers should be more dangerous than ever, at least on paper. The fact that the betting odds have already dropped 25% certainly reflect that view, so if you are thinking of betting behind them, there may be no better time than now.

The good news is that you can get a $100 free bet on the Sixers by signing up to DraftKings here!

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AP Photo/Matt Slocum, File