Let's get this out of the way first: Somewhere on the likelihood scale of where LeBron James lands this summer, you'll find the Bulls between slim and none. The four-time NBA MVP technically isn't even a free agent yet, though he's expected to opt out of his contract with the Miami Heat before the June 30 deadline, but the odds that he opts out and joins the Bulls seems highly unlikely, to put it gently.
But according to Bovada, there's a chance the two-time champion and nine-time All-Star winds up in the Windy City.
The popular gambling website lists the Bulls at 8:1 to land James, tied for the third best odds behind the Heat (1:3) and Cleveland Cavaliers (9:2), where James spent his first seven seasons before leaving on some not-so great terms.
Both the Houston Rockets and Los Angeles Clippers also are listed at 8:1, with the Los Angeles Lakers rounding out the group at 20:1.
In 2010, the Bulls were considered a real possibility for James, who met with the Chicago brass before choosing to team up with Dwyane Wade and Chris Bosh in South Beach. At that time, ESPN's Ric Bucher wrote that the Bulls were "believed to have the best chance of stealing (James) from Ohio."
Fast forward nearly half a decade, and there hasn't been any noise, rumors or reports of James considering the Bulls. Chicago likely is on Bovada's list because they have been linked to Carmelo Anthony and Kevin Love, both of whom would require the Bulls shedding current salaries to entertain a maximum contract, which James would undoubtedly command on the open market. In theory, the Bulls would have the assets to open space for James (because they can do it for Anthony), but playing in Michael Jordan's shadow and for a team he's admitted in the past he doesn't like from a competitive standpoint doesn't quite add up to an optimal destination for the two-time Finals MVP.
The most recent report, coming from Sporting News, said that James "is very likely" to stay with Miami, with a source indicating that James remembers the backlash he received when he bolted Cleveland in 2010 and still believes Miami is a championship contender, despite losing in five games to the San Antonio Spurs in the NBA Finals.
Still, crazier things have happened. You should probably save your money and stay away from the bet, but it is out there.