NBA Championship odds: Cavaliers no longer the team to beat in the East

There's trouble in paradise for the Cleveland Cavaliers, and it's starting to hurt the team's chances of winning another championship. 

Cleveland, which once saw its odds of winning the 2017-18 NBA title as high as 15%, now only have an 8% chance of raising a banner. However, it's not their Eastern Conference rival Boston Celtics giving them trouble -- it's the Toronto Raptors.

SEE ALSO: San Antonio Spurs shut Kawhi Leonard down indefinitely

Discussing which roster will reign supreme in the East may be a moot point, though, as the Golden State Warriors continue to prove their worth as the team to beat. Golden State has nearly a 50% chance to win this year's championship, the highest by far of the eight teams still in contention. 

Click through the slideshow below to see each team's updated odds of winning it all this season. 

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NBA Championship odds: Jan. 17
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NBA Championship odds: Jan. 17

Sacramento Kings

Chances of making playoffs: <1%
Chances of winning championship: <1%

Via FiveThirtyEight

(Photo by Brian Rothmuller/Icon Sportswire via Getty Images)

Phoenix Suns

Chances of making playoffs: <1%
Chances of winning championship: <1%

Via FiveThirtyEight

(Photo by Cameron Browne/NBAE via Getty Images)
Atlanta Hawks

Chances of making playoffs: <1%
Chances of winning championship: <1%

Via FiveThirtyEight

(Photo by Kevin C. Cox/Getty Images)
Orlando Magic

Chances of making playoffs: <1%
Chances of winning championship: <1%

Via FiveThirtyEight

(Photo by Ned Dishman/NBAE via Getty Images)
Los Angeles Lakers

Chances of making playoffs: <1%
Chances of winning championship: <1%

Via FiveThirtyEight

(Photo by Andrew D. Bernstein/NBAE via Getty Images)
Brooklyn Nets

Chances of making playoffs: <1%
Chances of winning championship: <1%

Via FiveThirtyEight

(Photo by Nathaniel S. Butler/NBAE via Getty Images)
Dallas Mavericks

Chances of making playoffs: 1%
Chances of winning championship: <1%

Via FiveThirtyEight

(Rodger Mallison/Fort Worth Star-Telegram/TNS via Getty Images)

Memphis Grizzlies

Chances of making playoffs: 2%
Chances of winning championship: <1%

Via FiveThirtyEight

(Photo by Jamie Schwaberow/Getty Images)

Chicago Bulls

Chances of making playoffs: 4%
Chances of winning championship: <1%

Via FiveThirtyEight

(Photo by Jonathan Daniel/Getty Images)
New York Knicks

Chances of making playoffs: 12%
Chances of winning championship: <1%

Via FiveThirtyEight

(Photo by Hannah Foslien/Getty Images)
Utah Jazz

Chances of making playoffs: 14%
Chances of winning championship: <1%

Via FiveThirtyEight

(Photo by Gene Sweeney Jr./Getty Images)
Charlotte Hornets

Chances of making playoffs: 33%
Chances of winning championship: <1%

Via FiveThirtyEight

(Photo by Dave Reginek/Getty Images)
Portland Trail Blazers

Chances of making playoffs: 56%
Chances of winning championship: <1%

Via FiveThirtyEight

(Photo by Cameron Browne/NBAE via Getty Images)
Washington Wizards

Chances of making playoffs: 71%
Chances of winning championship: <1%

Via FiveThirtyEight

(Photo by Patrick Smith/Getty Images)
Detroit Pistons

Chances of making playoffs: 72%
Chances of winning championship: <1%

Via FiveThirtyEight

(Photo by Dave Reginek/Getty Images)
Indiana Pacers 

Chances of making playoffs: 72%
Chances of winning championship: <1%

Via FiveThirtyEight

(Photo by Gene Sweeney Jr./Getty Images)
Philadelphia 76ers

Chances of making playoffs: 74%
Chances of winning championship: <1%

Via FiveThirtyEight

(Photo by Mitchell Leff/Getty Images)
Milwaukee Bucks

Chances of making playoffs: 75%
Chances of winning championship: <1%

Via FiveThirtyEight

(Photo by Ron Elkman/Sports Imagery/Getty Images)
Denver Nuggets

Chances of making playoffs: 76%
Chances of winning championship: <1%

Via FiveThirtyEight

(Photo by Matthew Stockman/Getty Images)
Los Angeles Clippers

Chances of making playoffs: 76%
Chances of winning championship: <1%

Via FiveThirtyEight

(Photo by Chris Williams/Icon Sportswire via Getty Images)
New Orleans Pelicans

Chances of making playoffs: 86%
Chances of winning championship: <1%

Via FiveThirtyEight

(Photo by Nathaniel S. Butler/NBAE via Getty Images)
Miami Heat

Chances of making playoffs: 88%
Chances of winning championship: <1%

Via FiveThirtyEight

(Matias J. Ocner/Miami Herald/TNS via Getty Images)
Oklahoma City Thunder

Chances of making playoffs: 93%
Chances of winning championship: 3%

Via FiveThirtyEight

(Photo by Streeter Lecka/Getty Images)
Minnesota Timberwolves

Chances of making playoffs: >99%
Chances of winning championship: 4%

Via FiveThirtyEight

(Photo by Hannah Foslien/Getty Images)
San Antonio Spurs

Chances of making playoffs: >99%
Chances of winning championship: 4%

Via FiveThirtyEight

(Photo by Ronald Cortes/Getty Images)
Boston Celtics

Chances of making playoffs: >99%
Chances of winning championship: 5%

Via FiveThirtyEight

(Photo by Brian Babineau/NBAE via Getty Images)

Cleveland Cavaliers

Chances of making playoffs: 98%
Chances of winning championship: 8%

Via FiveThirtyEight

(Photo by Nathaniel S. Butler/NBAE via Getty Images)

Houston Rockets

Chances of making playoffs: >99%
Chances of winning championship: 11%

Via FiveThirtyEight

(Photo by Tim Warner/Getty Images)
Toronto Raptors

Chances of making playoffs: >99%
Chances of winning championship: 12%

Via FiveThirtyEight

(Photo by Jesse D. Garrabrant/NBAE via Getty Images)
Golden State Warriors

Chances of making playoffs: >99%
Chances of winning championship: 47%

Via FiveThirtyEight

(Photo by Vaughn Ridley/Getty Images)
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