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Now that the New Jersey Nets have ceased any further discussion related to a Carmelo Anthony trade, all eyes are on the New York Knicks and Chicago Bulls and each franchise’s current payout odds to win an NBA Championship in 2011.
While a trade to the Nets probably would have done little to help that team’s post season hopes, Anthony would likely dramatically improve both the Bulls and Knicks odds of winning a championship. The two teams have winning records with New York at 22-18 after a pretty strong start to the season while Chicago had a solid 28-14 record, third best in the East.
The Bulls odds of winning an NBA Championship were set at 15/1. The Knicks were at 25/1. Chicago’s Eastern Conference championship odds were at 5/1 while the Knicks were at 12/1.
Anthony could conceivably stay put in Denver but there is so much turmoil with that franchise, it is a little difficult accepting they can win a championship this year.
The Nets Russian owner Mikhail Prokhorov delivered the bombshell to the media on Wednesday night that his team would not longer be pursuing Anthony.
"I'm not happy with the way ... this deal has gone until now," Prokhorov said. "It has taken too long. It has been played out in public and it certainly has taken a toll on the players and I believe that it has cost us several games. I think management did a great job, but there comes a time when the price is simply too expensive. I'm instructing our team to walk away from the deal."
- Tyrone Black, Gambling911.com
