Early 2024-25 NFL MVP Odds

Kickoff for the 2024-25 NFL season still remains two and a half months away, but that doesn’t mean you can’t get in on the betting action early. NFL MVP odds have been released on all the top sportsbooks, so if you live north of the border and are looking to place futures bets for the upcoming NFL season, make sure to check out the best betting sites in Canada.

Coming off back-to-back Superbowl Championships and viewed by many as the best quarterback in the NFL, it comes as no surprise that Patrick Mahomes is the favorite to win the MVP award for the third time in his career. Led by Mahomes, the Chiefs became the first team to win consecutive championships since the New England Patriots in 2004-2005. They are currently the favorites to win once again, which would make them the first team in league history to three-peat as champions.

Despite the Chiefs success last season, four teams finished with a better record in the regular season, all of which were led by the Baltimore Ravens. As the quarterback of the team with the best record, Lamar Jackson nearly took home the MVP unanimously, receiving 49 out of 50 first-place votes, with one going to Josh Allen of the Buffalo Bills. Mahomes, in fact, finished just seventh in voting, behind Dak Prescott, Brock Purdy, and Allen, as well as non-quarterbacks Christian McCaffery and Tyreek Hill.

It has been 12 years since a non-quarterback received the award, dating back to Adrian Peterson in 2012, and only four MVPs in the 21st century have not played the position. Behind 16 quarterbacks, Christian McCaffery (+4000) ranks as the first running back on DraftKings odds, followed by Tyreek Hill (+7500) tied for 23rd as the first wide receiver. Despite finishing sixth for the award last season, Hill is a difficult selection for bettors as no wide receiver has been granted MVP honors in NFL history.

After winning last season’s award, Jackson ranks behind just four names in odds to repeat, tied with Jordan Love and Brock Purdy at +1400. He is already in an elite company, as only 11 players have won the award multiple times, but he is looking to become the sixth player in history to be honored for a third time.

Josh Allen (+800) is the second most likely player to win after finishing in fifth last season with the lone first-place vote to Jackson. C.J. Stroud (+850) follows Allen after taking home Offensive Rookie of the Year honors, and Joe Burrow (+900) is expected to bounce back significantly from an injury-riddled 2023-24 campaign.

Peyton Manning is the only player in NFL history to win MVP five times, but Aaron Rodgers will be looking to join him this season, ranking eighth in odds at +1600. Rodgers played just a few snaps after being acquired by the New York Jets last offseason before suffering a torn Achilles, but the 19-year veteran still has a great chance to bounce back and win the award, even in his age-40 season. It was only three seasons ago that Rogers won MVP for a second consecutive year, becoming the first player to do so since Manning in 2008 and 2009. Only six players in league history have won the award back-to-back, and Lamar Jackson will be looking to become the seventh in 2025.