2025 WNBA Championship Odds

The New York Liberty just won the first WNBA Championship in franchise history, and they enter the offseason as the favorites to repeat in 2025.

The 2022 and 2023 WNBA Champion Las Vegas Aces, the 2024 runners-up Minnesota Lynx, and Caitlin Clark's Indiana Fever are among the favorites amid a busy offseason.

Let's take a way-too-early look at the odds to win the WNBA Championship in 2025.

2025 WNBA Championship Odds

NY Liberty	+200
LV Aces	+250
MIN Lynx	+350
IND Fever	+900
CON Sun	+1600
LA Sparks	+2800
PHX Mercury	+3000
ATL Dream	+6000
SEA Storm	+6000
CHI Sky	+7500
DAL Wings	+7500
WAS Mystics	+10000
GS Valkyries	+20000

The newly-crowned 2024 WNBA Champion New York Liberty are outright favorites (+200) entering the 2025 season, and they have a big mission to accomplish if they want to hold onto that status: re-signing Breanna Stewart.

Stewie is an unrestricted free agent this offseason, and she led the team in scoring, steals and blocks this season. The Liberty still have stars in Sabrina Ionescu, Betnijah Laney-Hamilton and 2024 Finals MVP Jonquel Jones, but they'll desperately want to keep two-time league MVP Stewart.

The Las Vegas Aces, who fell in the semifinals in 2024 after winning back-to-back titles the two seasons prior, are +250 second-favorites after acquiring six-time All-Star guard Jewell Lloyd in exchange for Kelsey Plum.

Chelsea Gray, Jackie Young, and 2024 WNBA MVP A'ja Wilson are set to return for the Aces, and 2024 second-round pick Elizabeth Kitley should be back from an ACL injury.

The Minnesota Lynx finished as runners-up to the Liberty in 2024, falling in overtime of Game 5 in the Finals, and they're third (+350) in the 2025 outright market. Lynx stars Napheesa Collier - the 2024 Defensive Player of the Year - and Courtney Williams seemed to reach new levels in the playoffs.

The Lynx have their key players signed for 2025 and will enter the season with optimism after falling just six points short of winning the 2024 title.

The Indiana Fever, led by Caitlin Clark and Aliyah Boston, are fourth in the betting (+900) after going 20-20 in 2024. They've been one of the teams least affected by this offseason's wild free agency period, and with their entire starting five from last year under 30 years old, they should only improve in 2025.

Fifth in the outright market are the Connecticut Sun (+1600), which will have a much different roster this season. They traded longtime star and triple-double machine Alyssa Thomas to the Phoenix Mercury in exchange for Natasha Cloud, but the Sun saw most of their 2024 roster reach free agency and have a long way to go to rebuild their team.

The Los Angeles Sparks - who acquired Plum to go with wing Rickea Jackson and center Cameron Brink - are next at +2800. They're followed by the +3000 Phoenix Mercury, who got Thomas to pair with Kahleah Copper.

The Atlanta Dream, who just signed free agent center and nine-time All-Star Brittney Griner, are tied with the Seattle Storm at 60/1. Seattle traded Lloyd but still has Skylar Diggins-Smith and Ezi Magbegor as its stars.

The teams with the longest shots to win the 2025 WNBA Championship, from 75/1 to 200/1, are the Chicago Sky, Dallas Wings, Washington Mystics, and expansion team Golden State Valkyries.

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Odds mentioned within this article were correct at the time of writing and are subject to change.