The NFL MVP award is one of the most fun awards to bet on in the league every year, and we already have odds for the 2023-24 season. It’s no surprise that NFL MVP odds typically mirror the odds for the Super Bowl – the most likely teams to win a championship often have a player that would be considered for the MVP award. Of course, the MVP winner needs to have incredible individual stats and not just be playing on a great team.
In the 2022-23 season, Patrick Mahomes won the MVP award for the second time in his career. Mahomes followed that accomplishment up with his second Super Bowl trophy. Already with two MVPs and two championships, can Mahomes keep stacking historic career accomplishments? Or will someone else win the MVP this year?
We’ll discuss some of the top favorites for the MVP award in the 2023-24 season and provide an analysis on the best bets to be made. Check out the latest NFL MVP odds in the table below.
NFL MVP Odds
NFL MVP Favorites
Patrick Mahomes (): It’s another year where Patrick Mahomes is the MVP favorite heading into the season, and is anyone surprised at this point? Despite losing Tyreek Hill last year, Mahomes put together one of his most impressive statistical seasons. Travis Kelce remains the top target in the offense, and while the wide receiver room lacks any true Pro Bowl talents, Mahomes has the MVP ability to maximize the production of his surrounding players.
Joe Burrow (): When you’re throwing passes to the likes of Ja’Marr Chase, Tee Higgins, and Tyler Boyd, you’re likely going to be putting up gaudy numbers year after year. Joe Burrow was tied for second last year with 35 touchdown passes and was fifth with 4,475 passing yards. If the Bengals can make a push to finish as the #1 seed in the AFC and Burrow puts up those types of numbers, he’ll be firmly in the MVP conversation.
Josh Allen (): The Bills had a tumultuous season in many ways last year and Josh Allen was no exception as he struggled through an elbow injury that hampered the second half of his season. Now healthy, Allen will be back on track as the leader of the team with the third-best odds to win the Super Bowl. Allen’s impressive passing is bolstered by elite rushing production, and that makes for an enticing statistical profile for MVP.
Jalen Hurts (): The Eagles outperformed even their most ardent fans’ expectations last season, and Jalen Hurts’s MVP-level production was a huge reason why. Hurts finished second in MVP voting last year with 35 combined passing and rushing touchdowns on the team with the best record in the league. Had Hurts not missed two games towards the end of the year with an injury, he very well might have won this award.
Justin Herbert (): Despite historic production to begin his NFL career, Justin Herbert was being held back by what was too often a conservative offense. Enter Kellen Moore as offensive coordinator, the former Cowboys play caller who will encourage more downfield passing, especially with the addition of first-round rookie wideout Quentin Johnston. A career year from Herbert in this new look offense seems highly feasible.
Trevor Lawrence (): After a miserable rookie season due to factors outside of his control, Trevor Lawrence started to remind everyone why he was a generational prospect in his sophomore campaign, leading Jacksonville to the playoffs for just the second time since 2007. Now in his second year in Doug Pederson’s offense and with the addition of Calvin Ridley off his one-year suspension, Lawrence’s production could further increase in 2023.
Aaron Rodgers (): It’s the end of an era in the NFL as Aaron Rodgers, a four-time MVP winner, joins a new team after 18 seasons with the Packers. Rodgers is coming off a down season where he was hampered by a broken thumb for much of the year, but now that he’s 39 years old, it’s fair to wonder whether he still has MVP upside. With a receiving corps featuring Garrett Wilson, Allen Lazard, Mecole Hardman, and Corey Davis, there’s potential for high-level production in New York.
Lamar Jackson (): After some offseason drama surrounding his free agency, Lamar Jackson agreed to a contract extension with Baltimore. Now, he enters an offense with a new offensive coordinator, former Georgia play caller Todd Monken, and two new receivers – veteran Odell Beckham Jr. and rookie Zay Flowers. Baltimore is expected to put much more emphasis on the downfield passing game and with possibly the best receiving corps of his career, Jackson could return to MVP-level production.
NFL MVP Odds FAQ
How Can I Bet On NFL MVP Odds?
You can visit several different sportsbooks such as DraftKings, FanDuel, BetMGM, Caesars, and more to place a wager on the NFL MVP Odds winner. Simply locate the awards section under NFL odds and select the player you’d like to place a bet on. If they win the NFL MVP, your bet will pay out.
Who Won The NFL MVP in 2022?
Patrick Mahomes, the quarterback of the Kansas City Chiefs, won the NFL MVP award for the 2022 season. Mahomes went on to win the Super Bowl MVP, as well. Mahomes threw for 5,250 yards and 41 touchdowns to 12 interceptions last year while leading his team to a 14-3 record, the best in the AFC.
What Is The NFL MVP Award?
The Most Valuable Player award is presented by the Associated Press, a panel of 50 sportswriters every year to the player who is deemed to have been the most valuable in the National Football League during the regular season. The award winner is announced in a special ceremony during the week leading up to the Super Bowl.
Who Is Leading The NFL MVP Odds?
Patrick Mahomes is currently leading the NFL MVP odds at +600 to +700 depending on what sportsbook you look at. Joe Burrow and Josh Allen are right in the thick of the NFL MVP odds race for the 2023 NFL season.
Is The NFL MVP Award Just For Quarterbacks?
Non-quarterbacks can win the MVP award, but quarterback is by far the most valuable position in the NFL as passers have the most impact on wins and losses. The last non-quarterback to win the MVP was Adrian Peterson in 2012 with the Minnesota Vikings.