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Books adjust to LeBron, Cavs
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LeBron James has announced that he’ll be returning to Cleveland Cavaliers.

He spent his first even NBA seasons in Cleveland and the last four seasons with the Miami Heat.

Oddsmakers at 5Dimes.eu, a major offshore sportsbook, were the first to update their NBA Futures and to no surprise, the Cavaliers have been installed as plus-350 favorites (Bet $100 to win $350).

The Miami Heat have dropped to a plus-2000 choice (Bet $100 to win $2,000).

All of the odds from 5Dimes.eu are listed below.

Odds to win 2014-15 NBA Finals

Cleveland Cavaliers +350
San Antonio Spurs +500
Oklahoma City Thunder +650
Chicago Bulls +1000
Los Angeles Clippers +1000
Houston Rockets +1500
Indiana Pacers +1900
Miami Heat +2000
Golden State Warriors +2000
Washington Wizards +4000
Portland Blazers +4000
Brooklyn Nets +5000
Memphis Grizzlies +5000
Dallas Mavericks +5000
New York Knicks +5000
Toronto Raptors +5000
Los Angeles Lakers +5300
New Orleans Pelicans +7500
Denver Nuggets +7500
Phoenix Suns +7500
Charlotte Hornets +8500
Atlanta Hawks +9000
Boston Celtics +11000
Detroit Pistons +12500
Sacramento Kings +12500
Minnesota Timberwolves +13000
Orlando Magic +20000
Utah Jazz +20000
Philadelphia 76ers +25000
Milwaukee Bucks +37500

Odds Updated Friday July 11 at 12:30 p.m. ET

  
HEADLINES
Rogers: Monday's Tip Sheet
Bookmaker: Monday's Best Bet
BetOnline.ag: Runnin' of the Bulls
Mejia: Midseason Outlook
Pacers snap Spurs' home streak, 94-86
Lakers pull away from Knicks, 127-107
Nets edge Pistons, 'under' cashes
Magic surprise Celtics as road 'dogs
Cavs not planning changes amid slump
MORE HEADLINES
 
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