NFL training camps are upon us, but 2024-2025 NFL MVP odds have been posted at the top online sportsbooks for the last five months or so.
Below we take a look at the current regular season NFL MVP futures odds and examine credentials for the top four favorites, while you can see the top odds for each contender below right away.
2024-25 NFL MVP odds: Patrick Mahomes to win MVP (+500 at BetMGM)
K.C.’s all-world QB has won two of the last six the regular-season MVPs (2018 and ’22) and has somehow been even better in the postseason, collecting a trio of Super Bowl MVP trophies (2019, ’22 and ’23 seasons) during that span.
And even though the Chiefs wound up winning their third Lombardi Trophy in the last five seasons in February, Mahomes in 2023 posted some of his worst regular season numbers (4,183 passing yards, 27 TD passes, 92.6 rating) in his six years as a starter.
As a result, he finished a distant seventh in the MVP voting while the Chiefs entered the postseason as the AFC’s third seed.
K.C., though, has beefed up Mahomes’ wide receiver corps with free agent Marquise Brown and first-round pick Xavier Worthy this offseason and is the current preseason favorite to notch the NFL’s first Super Bowl-era three-peat.
So even if Mahomes’ regular-season passing stats again fall short of his lofty standards in 2024, the QB is sure to garner a boatload of MVP votes simply if the Chiefs keep winning — Mahomes’ career record as a starter is an eye-popping 89-25 — anywhere near their dominant rate of recent seasons.
2024-25 NFL MVP odds: Josh Allen to win (+900 at DraftKings)
Allen is second on the preseason MVP odds board, and that’s been the story over the last five years for the talented dual-threat QB and his Buffalo Bills.
During that span, Allen has totaled a NFL-most 202 passing/rushing touchdowns and finished among the top five in the AP’s MVP voting three times, including a fifth-place finish in 2023.
But, in the end each season, there always has been a more-deserving MVP and a better team blocking the way for Allen and the Bills, who have only advanced past the divisional round once during that span.
The quarterback’s 94 total turnovers over the last five seasons certainly hasn’t helped.
Will 2024 be the season Buffalo changes that narrative?
Allen, who is in his prime at age 28, definitely has the skills to hold up his end of the bargain.
But the QB has long needed more help from his surrounding cast, and with the Bills losing a ton of talent — including starting WRs Stefan Diggs and Gabriel Davis, center Mitch Morse and starting safeties Jordan Poyer and Micah Hyde — this offseason, it’s easier to envision Allen and Co. taking a step back rather than the one or two needed to finally get ahead.
C.J. Stroud to win 2025 NFL MVP (+1000 at FanDuel)
Many will be surprised to see the second-year QB show up third on this list, ahead of the likes of Joe Burrow, Jackson and Jalen Hurts, among others.
But the Houston Texans’ signal-caller was a near-unanimous (48 of 50 first-place votes) choice as the NFL Offensive Rookie of the Year last season while leading Houston to a worst-to-first division title and a playoff win.
Stroud threw 23 TD passes and only five interceptions while pacing the league with an average of 273.9 passing yards per game (4,108 total) to finish ninth in the MVP voting.
It will take another amazing jump for Stroud to leapfrog the other talented contenders and garner league MVP honors in only Year 2.
But then again, few envisioned the immediate and transforming impact Stroud would have as a rookie.
And he now enters his sophomore season with a better supporting cast, including the trade acquisition of Diggs from the Bills.
Odds on Joe Burrow to win NFL MVP (+1000 at Caesars)
We extended this list to include Joe Burrow, who is neck-and-neck with Stroud across most sportsbooks.
The most-pressing question for the Cincinnati Bengals’ fifth-year QB is health.
He’s missed at least six games in two of his first four seasons, including seven contests a season ago when he was sidelined for the final two months with a torn ligament in his wrist.
In his two near-full seasons — playing 16 games apiece in 2021 and ’22 — he averaged an impressive 4,543 aerial yards and 34.5 TD passes per year while leading Cincy to the AFC North title and at least the AFC title game in each season.
In his other two campaigns (2020 and ’23), Burrow threw for 28 TDs combined while the Bengals finished last in the division.
So providing Burrow plays at least 15 games and No. 1 target Ja’Marr Chase’s contract issues don’t affect his regular season, expect the Cincy QB to be in the thick of the 2024 MVP conversation.
2024-25 NFL MVP odds: Only one non-QB among the current top 20
Following are the top 10 favorites in the sportsbook-consensus 2024-25 NFL MVP odds:
- Patrick Mahomes (Chiefs) +475
- Josh Allen (Bills) +850
- C.J. Stroud (Texans) +883
- Joe Burrow (Bengals) +967
- Jordan Love (Packers) +1333
- Lamar Jackson (Ravens) +1533
- Jalen Hurts (Eagles) +1567
- Brock Purdy (49ers) +1667
- Dak Prescott (Cowboys) +1800
- Aaron Rodgers (Jets) +1967
You’ll notice that the top 10 on the consensus odds board are all quarterbacks.
In fact, 21 of the top 22 are, with 49ers running back Christian McCaffrey (18th-best consensus odds at +4167) being the lone exception.
Recent history essentially dictates as much with QBs having captured 11 straight and 16 of the last 17 Associated Press NFL MVP trophies.
It also stands out that Jackson, the near-unanimous 2023-24 NFL MVP with 49 of 50 first-place votes) isn’t among the current top five.
Since 1997, only two players — former Colts QB Peyton Manning in 2008-09 and Rodgers, with the Packers in 2020-21 — have garnered consecutive MVPs.
