LeBron James signs, Cavs NBA odds spike

The NBA future odds have a new team at the top - it's the Cleveland Cavaliers.

LeBron James signed early Friday with the Cleveland Cavaliers, a move sure to send Cleveland’s future betting lines upwards and sink the fortunes of the Miami Heat.

* Editor's Note: Cleveland jumps to 4-1 odds, tops in the NBA for the 2015 championship

Bovada had their odds down for the past day or so awaiting the 2014 edition of LeBron’s ‘Decision’ and were expected to put them up again shortly. They were put up again at lunchtime Friday and the Cavs were 4-1 and the Heat - in the Finals four consecutive years - plunged to 50-1.

With LeBron gone from the Heat, Chris Bosh was also expected to leave Miami, sparking a scramble for Miami management.

Bovada also posted a handful of LeBron James props.

Average Points per game in the 2014-2015 NBA Regular Season - LeBron James

Over / Under 27.5                       

Average Rebounds per game in the 2014-2015 NBA Regular Season - LeBron James        

Over / Under 7.5                                                         

Average Assists per game in the 2014-2015 NBA Regular Season - LeBron James               

Over / Under 7             

Will LeBron James win the 2014-2015 NBA MVP

Yes 3/2

No 1/2

Check back shortly for updates and see the odds to win the NBA championship here.

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