Viva La 'Bron! Vegas makes Cavs instant favorites to win NBA title

By Jimmy Traina
Updated Mar. 4, 2020 5:32 p.m. ET

Las Vegas disagrees with LeBron James.

In the open letter he wrote for SI.com on Friday in which he announced his return to Cleveland, James wrote:

"I'm not promising a championship. I know how hard that is to deliver. We're not ready right now. No way. Of course, I want to win next year, but I'm realistic. It will be a long process, much longer than it was in 2010."

Well, the oddsmakers think the Cavs are ready.

After James' decision, Bovada.lv quickly made Cleveland the favorite to win the 2014-15 NBA title.

Here are the top five:

Bovada also put up these LeBron James prop bets on Friday:

Will LeBron James win the 2014-15 NBA MVP:

LeBron's average points per game in the 2014-15 NBA regular season:

Over/Under: 25.5