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	+190
LV Aces	+350
IND Fever	+375
MIN Lynx	+400
PHX Mercury	+1400
SEA Storm	+3300
ATL Dream	+5000
LA Sparks	+5000
CHI Sky	+7000
DAL Wings	+7500
WAS Mystics	+15000
CON Sun	+20000
GS Valkyries	+35000

The 2024 WNBA Champion New York Liberty (+190) are outright favorites entering the 2025 season.

Breanna Stewart, the team's leader in scoring, steals and blocks last season, re-signed on a one-year deal ahead of the new collective bargaining agreement set to be negotiated after this season. And, the Liberty held onto their other stars in Sabrina Ionescu, Betnijah Laney-Hamilton and 2024 Finals MVP Jonquel Jones.

The Las Vegas Aces (+350), who fell in the semifinals in 2024 after winning back-to-back titles the two seasons prior, are 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. Half their roster has played in at least six WNBA seasons, and three Aces players have spent a decade in the league.

The Indiana Fever, led by Caitlin Clark and Aliyah Boston, are third in the betting (+375) after going 20-20 in 2024. They brought in some key veteran depth this offseason with the additions of DeWanna Bonner, Brianna Turner, and Sophie Cunningham, and two-time All-Star Natasha Howard returned to the team after playing the last nine seasons elsewhere.

The Minnesota Lynx (+400) finished as runners-up to the Liberty in 2024, falling in overtime of Game 5 in the Finals, and they're fourth 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, and the team has veteran guards Kayla McBride and Karlie Samuelson, forward Alanna Smith, and second-year center Alissa Pili as the supporting cast.

Fifth in the betting are the Phoenix Mercury (+1400), who saw major changes to their roster this offseason. They acquired Satou Sabally and Alyssa Thomas, who will form a big three with Kahleah Copper. Aside from those three, only two players on the roster have at least five years of WNBA experience.

The Seattle Storm (+3300) are sixth in the odds and are the last team with odds shorter than 50/1. They added Lexie Brown, Alysha Clark, and Katie Lou Samuelson to their star duo of Skylar Diggins-Smith and Nneka Ogwumike, and they have some high-potential young talent in Dominique Malonga, Zia Cooke, and Li Yueru.

Further back in the odds are the Atlanta Dream (+5000), Los Angeles Sparks (+5000), Chicago Sky (+7000), Dallas Wings (+7500), Washington Mystics (+15000), Connecticut Sun (+20000), and Golden State Valkyries (+35000).

Read the latest WNBA news on site.

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