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Nuggets’ 2026 championship odds: What sportsbooks think of Denver’s chances with Cam Johnson

Denver is trading Michael Porter Jr. and a future first-round pick to the Nets to acquire forward Cam Johnson in a move sports columnist Troy Renck says turns the team into a championship contender. Then the team agreed to terms to bring back Bruce Brown.

The Nuggets made a huge splash and oddsmakers noticed.

Denver has +750 odds — meaning a $100 bet would win $750 — to win the 2025-26 NBA championship, according to BetMGM. The Nuggets have the second-best odds behind the defending champion Oklahoma City, and it’s a big move up from last week when they had the eighth-best odds at +1,600.