San Antonio Spurs 2025-26 Season Preview, Betting Odds

Having endured six-straight seasons of losing basketball without a single playoff berth to their name, the San Antonio Spurs may finally be ready to reestablish their name in the Western Conference with a young core led by a 7-foot-4 unicorn out of France named Victor Wembanyama. The process of constructing a contender around him is still ongoing, but what's currently in place on paper should be more than enough to climb out of the basement and perhaps restore a winning culture for the franchise.

This 2025-26 season preview analyzes all betting odds pertaining to the Spurs as they attempt to justify some of the lofty projections bestowed upon them in year No. 3 of the Wembanyama era.

(Betting odds will be updated up until the start of the regular season. Be sure to check in regularly for any changes to numbers and picks)

San Antonio Spurs 2025 NBA Draft

Dylan Harper (Rutgers) selected No. 2 overall
Carter Bryant (Arizona) selected No. 14 overall

San Antonio Spurs 2025 Re-Signings

De'Aaron Fox agrees to four-year, $229-million extension
Jordan McLaughlin agrees to one-year, $3-million contract

San Antonio Spurs 2025 Additions

Luke Kornet agrees to four-year, $41-million contract
Kelly Olynyk acquired via trade with Washington Wizards
Lindy Waters III agrees to one-year contract

San Antonio Spurs 2025 Departures

Malakai Branham traded to Washington Wizards
Sando Mamukelashvili agrees to two-year, $5.5-million contract with Toronto Raptors
Chris Paul agrees to one-year, $3.6-million contract with Los Angeles Clippers
Blake Wesley agrees to one-year contract with Portland Trail Blazers

San Antonio Spurs 2026 NBA Championship, Western Conference, Southwest Betting Odds

Team	NBA Finals Odds	Western Conference Odds	Southwest Division Odds
San Antonio Spurs	+6500	+3500	+410

Best Bet: N/A

San Antonio is going to learn some hard lessons this upcoming season, and that's primarily due to a lack of experience for a budding core that will now face the pressure of actual expectations. Reshaping the roster through the draft after winning the Wembanyama lottery has worked well with the arrival of reigning Rookie of the Year Stephon Castle and now No. 2 overall pick Dylan Harper, but they're all 21 years of age or younger, and that's not usually a blueprint for success. The reason why the signing of Chris Paul (now a member of the Los Angeles Clippers) last season was so lauded was because his particular veteran leadership was the perfect fit at the ideal time, but his departure means the more tenured players on the Spurs are now Harrison Barnes (33) and new arrivals Kelly Olynyk (34) and Luke Kornet (30).

Wembanyama's growth and ability to stay on the hardwood will ultimately determine how far San Antonio can go, though. He spent the summer training with the legendary Hakeem "The Dream" Olajuwon, and even lived two weeks in a Shaolin temple in China to practice martial arts, so it's clear how important Wembanyama is taking his personal development as the cornerstone of an organization which once had other superstar giants like David Robinson and Tim Duncan. A blood clot issue forced him to sit all games coming back from the All-Star break, and the Spurs only went 13-23 in the game he was unavailable for, but the deep vein thrombosis in his shoulder shouldn't prevent Wembanyama from suiting up on opening night and beyond. A full training camp with the newly-extended De'Aaron Fox should help in the chemistry department for this fresh dynamic duo, and the task of fine-tuning a rotation so that Fox, Castle, and Harper can each have a healthy dose of minutes will fall upon head coach Mitch Johnson in his second year on the job.

If the formula in San Antonio is to try and mirror what's manifested with the Oklahoma City Thunder, then so far so good. Drafting well is even more important when your city isn't viewed as a destination for free agents, and the basketball gods have smiled down on the Spurs with top-four picks each of the last three years. "Rome wasn't built in a day" and "progress can be slow process" were lines written in last year's preview, and while those sayings may still ring true fast forwarding to present day, patience isn't as high as it once was. The front office needs to demonstrate to Wembanyama that he can win, win often, and win sooner rather than later in San Antonio. Even a more modest goal of taking the Southwest Division from the likes of the Dallas Mavericks and Houston Rockets still isn't realistic, but getting back to the .500 mark and ending the aforementioned postseason drought certainly is.

San Antonio Spurs 2025-26 NBA Win Total, Make Playoffs Odds

Team	Win Total	OVER	UNDER	Odds To Make Playoffs
San Antonio Spurs	44.5	-114	-106	-210

Best Bet: UNDER 44.5 wins, -106

Registering an OVER at 44.5 victories would mean the Spurs will be notching a double-digit increase in wins year over year after going 34-48 in 2024-25. If you believe Wembanyama can avoid going on injured reserve and play approximately 62 of the team's 82 games (safe), paired with a full season of Fox and contributions from Castle, Harper, and a second unit which just ranked first overall in scoring at 44.1 points per game, then you may be onto something.

It's just an insanely ambitious undertaking, and one which becomes even more arduous having to navigate the treacherous waters of the West. Would anyone be upset if San Antonio went 44-38 or 43-39? Of course not. That would still be reason to celebrate, but it would also be an UNDER for this particular future.

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San Antonio Spurs 2025-26 NBA Awards Odds

Name	MVP	Defensive	Rookie	Most Improved	Sixth Man	Clutch	Finals MVP	Coach
Victor Wembanyama	+1200	-185		+6000		+5000	+6500
De'Aaron Fox	+75000					+1500	+25000
Dylan Harper			+1100		+7500
Carter Bryant			+25000
Stephon Castle				+10000
Jeremy Sochan				+20000	+25000
Keldon Johnson					+6000
Mitch Johnson								+2000

Best Bet: Victor Wembanyama for NBA Defensive Player of the year, -185

For all individual end-of-season hardware, Defensive Player of the Year is the only one with a betting favorite who can be wagered on at minus money. This almost feels like a make good on last season's travesty with Wembanyama losing his eligibility for the honor because he failed to meet the 65-game requirement, even though what he produced in 46 total appearances was still more than enough to win. San Antonio was 9.2 points per 100 possessions better defensively when he was on the floor, and his 176 rejections were 28 more than former Milwaukee Bucks center Brook Lopez who was second overall with 148.

It's a silly rule which keeps deserving recipients out of the mix if they can't get over a particular threshold, but it is what it is. If Wembanyama plays 65 games, he's a shoe-in for the trophy. If he doesn't, only then does this future become interesting. This would be the first of should be many Defensive Player of the Year wins for someone of his stature, mobility, and defensive chops. Becoming the first rookie in 2023 to make the All-Defensive First Team set the table for what could and should be one of the greatest defensive careers we've ever had the pleasure of watching.