Charlotte Hornets Odds To Win NBA Championships In 2024

Fact Checked by Editorial Staff
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Key Takeaways

  • 🏀 The Charlotte Hornets NBA Championship odds are +100000.
  • 🏀 Those odds translate to a 0.1% implied probability chance.
  • 🏀 The Hornets have never won an NBA Championship and have the longest active playoff drought in the NBA.
Charlotte Hornets NBA Championship Odds

The Charlotte Hornets have yet to hoist the Larry O'Brien Trophy, and they've had a significant dry spell when it comes to postseason success. The last time they reached the playoffs was in 2016, and their last playoff win was in 2002. 

If the current odds are any indication, the Hornets will be extending their postseason drought. The Hornets NBA championship odds is currently +100000.

Thanks to latest North Carolina betting laws, bettors can place a bet on BetMGM, DraftKings, ESPN BET, Fanatics, FanDuel, and other online sportsbooks.

Charlotte Hornets Odds To Win NBA Championship

📊 bet365+100000
📊 BetMGMN/A
📊 BetRivers+100000
📊 CaesarsN/A
📊 DraftKingsN/A
📊 ESPN BETN/A
📊 FanDuelN/A
📊 Fanatics+100000
📊 Hard Rock Bet+100000
✅ Odds Last Verified:June 20, 2024

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Can the Charlotte Hornets Win The NBA Championship?

Technically, yes. But it's highly, highly unlikely.

Although the Charlotte Hornets are 17-52 and in 13th place out of the 15 Eastern Conference teams, they still have a shot of making the playoffs and winning the NBA Championship. But it will take a monumental change from their performance in the 2023-2024 season so far.

Star point guard LaMelo Ball has only played in 22 games so far this season, and his presence is sorely missed. On the season, he has been averaging 23.9 points, 8.0 assists, and 5.1 rebounds per game.

In his absence, they suffered the biggest loss in franchise history (135-82 vs. the Sixers). They also went on an 11-game losing streak.

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Will the Hornets Win the NBA Championships in 2023-24?

The Hornets aren't likely to win the NBA Championship in 2023-24, according to their +100000 odds. That gives them just a 0.1% chance to win it.

They currently hold a 17-52 record, ranking them 13th out of the 15 teams in the Eastern Conference.

Charlotte Hornets NBA Championship Odds Change Over Time

📅 Preseason+30000
📅 Oct. 30+80000
📅 Nov. 6+80000
📅 Nov. 10+100000
📅 Jan. 4+100000
📅 Jan. 18+100000
📅 Jan. 24+100000
📅 Feb. 27+100000
📅 March 21+100000

Who’s Favored To Win The NBA Championship In 2024?

The Boston Celtics are currently favored to win the 2023-2024 NBA Championship. They are listed with +205 odds at DraftKings NC, giving them an implied probability of 32.8% to win the title.

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Latest Updates Impacting Charlotte Hornets Championship Odds

  • 📅 March 11, 2024: Sports betting launches in North Carolina, and NBA betting is now available.
  • 📅 March 5, 2024: The Hornets announce Jeff Peterson as the team's new executive VP of basketball operations, replacing Kupchak.
  • 📅 Feb. 12, 2024: GM Mitch Kupchak is stepping down as general manager and moving to an advisory role with the team.
  • 📅 Feb. 11, 2024: Kyle Lowry agrees to a contract buyout from the Hornets, paving the way for him to join the 76ers.
  • 📅 Feb. 8, 2024: The Hornets trade P.J. Washington to the Mavericks in exchange for Seth Curry, Grant Williams and a 2027 first-round pick. Charlotte also deals Gordon Hayward to the Thunder in exchange for Davis Bertans, Tre Mann, Vasilije Micic and two scecond-round picks. The Hornets waive Ish Smith and Frank Ntilikina.
  • 📅 Jan. 26, 2024: LaMelo Ball sees his last game action before missing time with lingering right ankle tendinitis. 
  • 📅 Jan. 23, 2024: Terry Rozier is traded to the Miami Heat for a 2027 first-round pick and Kyle Lowry.
  • 📅 Jan. 2, 2024: Charlotte snaps their 11-game losing streak, beating the Sacramento Kings on the road, 111-104.
  • 📅 Nov. 17, 2023: The Hornets agree to a partnership with bet365 NC. Miles Bridges is eligible to return to the team following his suspension.
  • 📅 Oct. 31, 2023: The Hornets exercise the third-year option on center Mark Williams.
  • 📅 Oct. 20, 2023: A wrongful death lawsuit is filed against Brandon Miller for "negligence" stemming from a shooting in Tuscaloosa while Miller was a student.
  • 📅 Aug. 3, 2023: Majority owner and Chicago Bulls legend Michael Jordan completes the sale of his stake in the Hornets to a group led by Gabe Plotkin and Rick Schnall .
  • 📅 July 7, 2023: The Hornets finalize a five-year, $260 million contract extension with guard LaMelo Ball.
  • 📅 July 2, 2023: The Hornets re-sign forward Miles Bridges.
  • 📅 June 22, 2023: The Hornets select Alabama forward Brandon Miller with the second overall selection of the NBA draft, and Arkansas guard Nick Smith Jr. with the 27th pick.
  • 📅 April 14, 2023: The NBA suspends Miles Bridges for 30 games without pay as a result of a domestic violence incident.
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When, Where, & How To Watch NBA Championships

  • 📅 Date: June 6, 2024
  • ⏰ Start time: 9 p.m. ET
  • 📺 How To Watch: ABC

The NBA Finals will be televised by ABC, with the start date of June 6, 2024, locked in. There are seven games on the calendar in case the series goes down to the wire. Game 2 is June 9, Game 3 is June 12 and Game 4 is June 14.

If necessary, Game 5 is June 17, Game 6 is June 20 and Game 7 is June 23.

This is a change from past years, when the NBA built flexibility into its finals schedule so that there were not too many down days if mismatches produced sweeps in the first three rounds.

Key Contributors on the Hornets Roster

Since he was drafted in 2020, LaMelo Ball has been the star point guard who has the carried the Charlotte Hornets each season. A magnificent playmaker who has improved his outside shooting, Ball has been the Hornets' go-to player on offense. On the season, he has been 24.7 points, 8.2 assists, and 5.5 rebounds per game.

However, he's only played in 22 games this season, as he deals with a lingering ankle injury.

Rookie forward Brandon Miller has emerged quickly this season after the Hornets drafted him second overall in the 2023 NBA Draft, averaging 16.7 points per game.

Miles Bridges has also taken a more prominent role in scoring, ranking second in points per game with 21.2. Bridges returned from missing all of last season and some of 2023 after a domestic violence incident.

The Hornets are led by head coach Steve Clifford.

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Hornets Championship History

Founded in 1988 as an expansion team, the Charlotte Hornets quickly gained popularity amongst fans in North Carolina and around the world with their exciting brand of basketball, fun player personalities, and electrifying atmosphere in the Charlotte Coliseum.

Early Hornets teams were led by stars such as Muggsy Bogues, Larry Johnson, Alonzo Mourning, and Glen Rice.

Then-owner George Shinn relocated the franchise to New Orleans in 2002 amidst financial troubles, leaving Charlotte without an NBA team. Fortunately, Charlotte did not have to wait long for a new one. In 2004, the NBA awarded Charlotte another expansion team, the Charlotte Bobcats.

Despite re-starting the Charlotte franchise began with disappointing seasons, the Bobcats eventually found success under the leadership of then-majority owner Michael Jordan. In 2010, they drafted Kemba Walker, who became the franchise's all-time leading scorer and led the Bobcats to their first playoff appearance in 2014.

In 2014, the Charlotte Bobcats became the Charlotte Hornets once again, and the team playing at the New Orleans Arena was dubbed the Pelicans. Since then, they have yet to capture an NBA title, let alone postseason success.

Led by young, talented high-draft picks in LaMelo Ball and Brandon Miller, the future appears to be bright for a franchise that has yet to win an NBA playoff series since 2002.

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Charlotte Hornets Championship Odds FAQs

Author

Shannon Lane

Shannon Lane is a commercial editor and fact-checker for BetCarolina. She's spent the last decade working in sports media, including at NFL Media and as a reporter/fact-checker at Sports Illustrated. She covers everything NFL football to give North Carolina sports betters the best information on the Panthers and other NFL teams.

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