Tampa Bay Buccaneers Super Bowl Odds Jump Following Start of Free Agency

The chances that the Tampa Bay Buccaneers repeat as Super Bowl champions have risen since February, but the franchise is still not the odds-on favorite.

The Bucs jumped from 9/1 odds to 6/1, while the team they beat in Super Bowl LV, the Kansas City Chiefs, fell significantly from 5/1 odds to 11/2 since the start of the NFL free agency, according to BetOnline.

Why did this happen? Well, the Chiefs haven't exactly been busy in free agency, especially compared to the Bucs, who have re-signed 10 free agents in addition to franchise tagging wide receiver Chris Godwin.

To be fair, Kansas City, hasn't needed to be busy in free agency this year. Players like quarterback Patrick Mahomes, tight end Travis Kelce, and wide receiver Tyreek Hill are all locked in for the immediate future so the Chiefs have talent returning next season.

However, the franchise has failed to land any big-time free agents. The Chiefs did sign offensive lineman Kyle Long, who is talented, but wide receiver Sammy Watkins walked away in free agency signing with the Baltimore Ravens. In addition, 2017 second-round pick Tanoh Kpassagnon is reportedly signing with the New Orleans Saints instead of staying put in Kansas City.

Meanwhile, teams who have re-signed key players and haven't seen major losses since the start of free agency, like the Green Bay Packers and Los Angeles Rams, have stayed put in the odds to win Super Bowl LVI in 2022. Both teams sit with 12/1 odds, according to BetOnline, the same as when the initials odds were released in February.

The Chiefs aren't the only team who saw their chances to win the Super Bowl drop. The Seattle Seahawks fell from 20/1 odds down to 28/1 odds. The Seahawks had multiple players leave so far this season including wide receiver Phillip Dorsett, cornerback Shaquill Griffin and running back Carlos Hyde.

On the flip side, one team who saw their odds rise like the Bucs is the Indianapolis Colts. And this jump makes sense. The Colts acquired quarterback Carson Wentz from the Philadelphia Eagles, re-signed wide receiver T.Y. Hilton, running back Marlon Mack, and cornerback Xavier Rhodes, and added depth along the offensive line in Julie'n Davenport and Sam Tevi.

Here's a look at the full odds to win the Super Bowl LVI, as of March 29, 2021, according to BetOnline:

(Teams italicized have longer odds, teams bolded have shorter odds, and teams underlined stayed the same)

NFL Teams	Odds as of 2/8/2021	Current Odds as of 3/29/21
Kansas City Chiefs	5/1	11/2
Tampa Bay Buccaneers	9/1	6/1
Green Bay Packers	12/1	12/1
Los Angeles Rams	12/1	12/1
Buffalo Bills	12/1	14/1
San Francisco 49ers	14/1	14/1
Baltimore Ravens	16/1	18/1
Cleveland Browns	20/1	18/1
Indianapolis Colts	28/1	20/1
New England Patriots	25/1	25/1
Arizona Cardinals	40/1	28/1
Dallas Cowboys	25/1	28/1
New Orleans Saints	28/1	28/1
Seattle Seahawks	20/1	28/1
Los Angeles Chargers	28/1	33/1
Miami Dolphins	25/1	33/1
Pittsburgh Steelers	33/1	33/1
Tennessee Titans	28/1	33/1
Carolina Panthers	50/1	50/1
Chicago Bears	50/1	50/1
Denver Broncos	75/1	50/1
Las Vegas Raiders	50/1	50/1
Minnesota Vikings	50/1	50/1
New York Giants	66/1	50/1
New York Jets	75/1	50/1
Philadelphia Eagles	40/1	50/1
Washington Football Team	66/1	50/1
Atlanta Falcons	50/1	66/1
Cincinnati Bengals	75/1	100/1
Jacksonville Jaguars	75/1	100/1
Detroit Lions	75/1	150/1
Houston Texans	66/1	150/1

Stay tuned to AllBucs.com for further updates on the Tampa Bay Buccaneers and 2021 NFL free agency.