Vegas releases odds for every team's chances at the Stanley Cup in 2016-2017.

How likely is each team to win it all? Find out here!

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The Pittsburgh Penguins have won the Stanley Cup Championship and for the next several weeks their franchise will be busy celebrating that hard earned victory, especially after such a drastic turn around this season.

For the rest of the National Hockey League however it's time to look towards the future and that process will begin this month with the buyout window, the draft, and a number of trades all expected in the coming weeks. Before any of that takes place however the Las Vegas sportsbook has already released the favorites to win it all next season, with the Penguins once again at the top of the list.

The Sharks on the other hand take a significant drop down after finishing as the finalists in this years playoffs, while a number of teams towards the bottom of the list may surprise many as well.

Here are the full odds as per The Detroit Free Press:

2017 Stanley Cup odds 

Pittsburgh Penguins   8/1

Chicago Blackhawks 10/1

Washington Capitals 10/1

St. Louis Blues 12/1

Los Angeles Kings 14/1

San Jose Sharks 14/1

Tampa Bay Lightning 14/1

Anaheim Ducks 16/1

Dallas Stars 16/1

Detroit Red Wings 18/1

Minnesota Wild 18/1

Nashville Predators 18/1

New York Rangers 18/1

Montreal Canadiens 20/1

New York Islanders 20/1

Boston Bruins 25/1

Florida Panthers 25/1

Philadelphia Flyers 25/1

Colorado Avalanche 33/1

Calgary Flames 40/1

Edmonton Oilers  40/1

Ottawa Senators    40/1

Arizona Coyotes     50/1

Carolina Hurricanes         50/1

Columbus Blue Jackets     50/1

New Jersey Devils     50/1

Vancouver Canucks   50/1

Winnipeg Jets 50/1

Buffalo Sabres 66/1

Toronto Maple Leafs 66/1