The Los Angeles Lakers, with the addition of LeBron James, are suddenly top-tier contenders to win next season's NBA championship, according to Las Vegas sportsbooks.
After news broke Sunday evening that James was headed to Los Angeles, the Westgate SuperBook reopened the Lakers at 9-2 to win next year's title.
The Lakers' odds immediately were trimmed to 7-2 after a "respected wager" quickly came in on L.A., according to Westgate assistant manager Jeff Sherman.
Only the two-time defending champion Golden State Warriors have better championship odds than the Lakers at the Westgate.