On Thursday, the Indiana Pacers announced that star guard Victor Oladipo would miss the rest of the season after suffering a ruptured quad tendon in his right knee during Wednesday's game against Toronto.
The Pacers currently hold the third spot in the Eastern Conference standings, trailing the Milwaukee Bucks by just 2.5 games for the top spot.
However, with the team's leading scorer now sidelined for the season, Indiana's chances at a deep playoff run are all but non-existent.
Even with a healthy Oladipo, the Pacers' championship odds were already slim, as evidenced by the 80-1 price offered at the Westgate Las Vegas Superbook just three days ago.
Following the injury news, Indiana fell to 200-1.
Assuming no vig, 80-1 represents an implied probability of 1.23%, while 200-1 puts Indiana's implied probability at 0.5%.
The Pacers' odds to win the Eastern Conference and Central Division have also taken hits, dropping from 25-1 to 40-1 and from 7-2 to 10-1, respectively.
Our NBA power ratings make Oladipo worth four points to the spread, which is one of the highest marks in the league.
Indiana will have two days to adjust for Oladipo's absence before heading to Memphis on Saturday (8 p.m. ET) to take on the Grizzlies.