2026 NFL MVP Odds: Josh Allen Favored to Win Second Career MVP

The 2025-26 NFL season is officially in the rear-view mirror. We have a long offseason ahead of us, but that doesn't mean sportsbooks are going to waste getting up the opening odds for next season.

Super Bowl odds for all 32 teams have been posted, and so have been the odds to win each award for the 2026-27 season. In this article, we're going to take a look at the opening odds to win the NFL MVP next season. Let's dive into the numbers.

2026 NFL MVP Odds

Odds via DraftKings Sportsbook

Josh Allen +550
Lamar Jackson +650
Patrick Mahomes +1000
Justin Herbert +1000
Joe Burrow +1000
Drake Maye +1000
Dak Prescott +1300
Matthew Stafford +1400
Jordan Love +1500
Caleb Williams +1500
Brock Purdy +1800
Jayden Daniels +2000
Trevor Lawrence +2000
Jalen Hurts +2200
Sam Darnold +2800
Baker Mayfield +2800
Jared Goff +3500
Bo Nix +3500
Jaxson Dart +4500
C.J. Stroud +4500
Daniel Jones +5500
Cam Ward +5500
J.J. McCarthy +8000
Michael Penix Jr. +10000
Malik Willis +10000
Tyler Shough +10000
Aaron Rodgers +10000

Josh Allen Opens as MVP Favorite

Josh Allen opens as the +550 favorite to be named NFL MVP for the second time in three years, an implied probability of 15.38%. Allen was named MVP of the 2024 season, and he finished in a distant third place in voting in 2025, behind Matthew Stafford and Drake Maye.

There's a lot of uncertainty surrounding the usual suspects to win the award, which makes Allen the sensible favorite. Lamar Jackson has a brand new coaching staff in Baltimore, Patrick Mahomes is coming off the worst season of his career, Justin Herbert and Jared Goff play in run-first offenses, Joe Burrow has bad coaching and an injury history, Drake Maye has a much tougher schedule, and Matthew Stafford is another year older.

The result of an NFL season that has plenty of unexpected outcomes is that we now have no idea what is in store for us in the 2026 season. Will we revert to the likes of the Chiefs and Ravens being atop the league? Are the Patriots and Seahawks now the new kings of the NFL? We have so much to find out, and with Allen being in the only relatively consistent situation with his offensive coordinator now hired as his head coach, it makes sense why the Bills' quarterback is the top favorite to be named NFL MVP next season.

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Odds refresh periodically and are subject to change.

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