Just like that, the Cavs are the favorites to win the NBA title in 2014-15.
All it took was LeBron, huh?
The Vegas oddsmakers at Bovada have pegged the Cavs as 4/1 favorites to win the NBA Championship, vaulting Cleveland ahead of the San Antonio Spurs (5/1).
The Bulls are fourth at 7/1, even as the world waits for Carmelo Anthony's decision.
LeBron's return to Cleveland is just the first domino. With Chris Bosh expected to head to Houston, Kevin Love's status still up in the air (he could join LeBron with the Cavs) and obviously Melo's impending decision, there could be more drastic changes to the Vegas odds coming.
Underrated in all this: Where will Chicago native Dwyane Wade go now? There's not much for him in Miami anymore.