Knicks-Wolves blockbuster trade shifts NBA title odds

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Knicks-Wolves blockbuster trade shifts NBA title odds
Minnesota TimberwolvesNew York KnicksNBA
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After the Knicks and Timberwolves swap All-Star forwards Julius Randle and Karl-Anthony Towns, oddsmakers see both squads boosting their NBA title chances behind the Celtics and the Thunder

This is AI generated summarization, which may have errors. For context, always refer to the full article.

BetMGM told Field Level Media on Saturday, September 28, that their oddsmakers shortened the Knicks’ title odds from +900 to +700, while the Wolves shifted from +1100 to +1000. The Knicks now have the third-shortest odds behind Boston at +325 and Oklahoma City at +675, although the Celtics’ odds lengthened from +310 once news of the trade broke.

Towns, 28, is heading into the first year of a four-year, $220-million contract extension. Randle, 29, is due to make $28.9 million in the 2024-2025 season, and he has a $30.9-million player option for the following season. DiVincenzo, 27, has three years remaining on his contract for a total of almost $36 million.

Towns was an All-Star for the fourth time last season, when he averaged 21.8 points and 8.3 rebounds. In his nine NBA seasons, all with the Timberwolves, he has career averages of 22.9 points and 10.8 boards.

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