Hawks re-sign Millsap, 40/1 to win title
LAS VEGAS, NV (The Spread) - Not that the two situations are related, but the Atlanta Hawks' 2016 NBA Championship odds recently dropped despite signing Paul Millsap to a new deal last week.
According to oddsmakers from online sports book Bovada.lv, the Hawks' odds have gone from 33/1 to win the 2016 NBA Finals to 40/1. The Cavs remain favored to win next year's championship at 11/4, while the Spurs are 3/1 and the defending champion Warriors are 11/2.
Millsap officially signed a three-year, $59 million deal with the Hawks last Thursday. He lead the team in scoring with 16.7 points per game, rebounding at 7.5 per game, and steals at 1.8 last season. Following the signing, Hawks president of basketball operations and head coach Mike Budenholzer talked about how important it was to re-sign Millsap.
"Re-signing Paul was a priority for us. His toughness, versatility, high basketball IQ and unselfishness is representative of the culture we are building," Budenholzer said in a statement. "We are excited that he will remain a part of our family."