Cavaliers favored by Las Vegas to win NBA championship in 2016

The Cleveland Cavaliers are favored to win 2016 NBA title, according to Las Vegas sportsbooks

The Cleveland Cavaliers are the odds-on favorite to take home the NBA title next season, according to odds listed by the Westgate Las Vegas SuperBook.

The Cavaliers, which lost to the Golden State Warriors in the NBA Finals four games to two, are listed as a 9-4 favorite.

The Warriors are right behind Cleveland as 5-1 favorites along with Oklahoma City Thunder, who missed the playoffs this season after five straight postseason appearances.

Sportsbook.ag also has the Cavaliers, Warriors and Thunder as the three teams most likely to hoist the Larry O'Brien trophy next season.

The Los Angeles Clippers blew a 3-1 series lead to the Houston Rockets in the Western Conference semifinals and are next on Westgate's list at 10-1 odds. The San Antonio Spurs and Chicago Bulls are 12-1 favorites.

• MORE NBA: Warriors' title package: Commemorative book, framed cover

Stephen Curry, Warriors cap charmed title run with fitting finish in the Finals

These initial odds are expected to change significantly depending on what happens in free agency.

Among those who could be unrestricted free agents on July 1 are Cavaliers forwards LeBron James and Kevin Love, who both have player options in their contracts, Clippers center DeAndre Jordan, Memphis Grizzlies center Marc Gasol, Portland Trail Blazers forward LaMarcus Aldridge, and Miami Heat guard Dwyane Wade, who also has an player option in his deal.

The Minnesota Timberwolves, Charlotte Hornets, Philadelphia 76ers and Orlando Magic are all listed at 200-1. Sportsbook also has the same four teams listed to finish at the bottom of the league.

- Scooby Axson