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NFL MVP odds 2024: Josh Allen heads into Week 16 as NFL MVP favorite

NFL MVP
Credit: Gregory Fisher-Imagn Images

The 2023 NFL season ended with Lamar Jackson winning his second NFL MVP in just six seasons of play. With the 2024 season in full swing, Jackson will look to become the seventh player to win three MVPs, but not if others like Patrick Mahomes, Josh Allen, and Joe Burrow can get in the way.

Even though it’s early, we’re already looking ahead to the 2024-25 NFL MVP betting odds, which primarily features quarterbacks. This is because the last time a non-QB won NFL MVP was in 2012 when Minnesota Vikings running back Adrian Peterson took home the honors.

Who is favored to win MVP in 2024? What are the current odds for the NFL MVP? Below, you can find the latest NFL MVP odds from DraftKings.

Related: NFL schedule

Updated NFL MVP odds for 2024-25

Player2024-25 NFL MVP odds
Josh Allen, QB, Buffalo Bills-900
Lamar Jackson, QB, Baltimore Ravens+550
Saquon Barkley, RB, Philadelphia Eagles+1300
Jared Goff, QB, Detroit Lions+2000
Baker Mayfield, QB, Tampa Bay Buccaneers+7500
Joe Burrow, QB, Cincinnati Bengals+7500
Sam Darnold, QB, Minnesota Vikings+7500
Patrick Mahomes, QB, Kansas City Chiefs +10000
Jordan Love, QB, Green Bay Packers+10000
T.J. Watt, EDGE, Pittsburgh Steelers+10000
Jalen Hurts, QB, Philadelphia Eagles+15000
Jayden Daniels, QB, Washington Commanders+15000
Matthew Stafford, QB, Los Angeles Rams+15000
Justin Herbert, QB, Los Angeles Chargers+20000
Kyler Murray, QB, Arizona Cardinals+20000
Geno Smith, QB, Seattle Seahawks+20000
JaMarr Chase, WR, Cincinnati Bengals+20000
Russell Wilson, QB, Pittsburgh Steelers+25000
Bo Nix, QB, Denver Broncos+30000
C.J. Stroud, QB, Houston Texans+30000
Justin Jefferson, WR, Minnesota Vikings+50000

Related: Super Bowl odds: Every team’s championship futures for 2024 NFL season

NFL MVP odds 2024-25: Breaking down biggest favorites

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Credit: Tina MacIntyre-Yee/Democrat and Chronicle / USA TODAY NETWORK via Imagn Images
  • Josh Allen, Buffalo Bills: Boasting a tantalizing combination of arm talent plus escapability, Allen is certainly one of the best young QBs in football. After finishing as the NFL’s touchdown leader in 2023, now he doesn’t have Stefon Diggs by his side, which makes the Bills QB a risky betting option. Yet, Allen has thrown just five interceptions, and his dual-threat potency makes him a top MVP candidate early on.
  • Lamar Jackson, Baltimore Ravens: While injuries got in the way of Jackson’s success in the past, he has since shown that there aren’t any long-term concerns. Few quarterbacks are more dangerous with the ball in their hands than the two-time NFL MVP winner. The Ravens started slow, Jackson has come back with a vengeance and now lands among the frontrunners once again, but recent losses have slowed his momentum.
  • Saquon Barkley, Philadelphia Eagles: The New York Giants never envisioned their star running back turning into an MVP candidate. But Barkley has a chance to break the NFL’s all-time scrimmage yards record for a single season. The NFL’s rushing leader might even top Eric Dickerson’s single-season rushing yardage record. For now, the Eagles RB is a bonafide MVP candidate.
  • Jared Goff, Detroit Lions: We’ve never seen the former No. 1 overall pick be this efficient. He doesn’t even care that he’s not putting up big passing numbers. As long as the Lions keep winning, Goff will be a fringe MVP candidate, but a five-interception game in Week 10 doesn’t help.
  • Sam Darnold, Minnesota Vikings: No one had Darnold as a preseason pick to win MVP, but here he is, ranking third in touchdowns while leading a team with the second-best record in the NFL. Even if he won’t win MVP, Darnold is setting himself up for a rich payday this offseason.
  • Joe Burrow, Cincinnati Bengals: Injuries have slowed Burrow’s progress in two out of his four NFL seasons, but he’s one of the best QBs in the NFL. If the Bengals’ offense gets back on track, why can’t Burrow win his first MVP? He’ll have to turn the Bengals’ season around first.
  • Patrick Mahomes, Kansas City Chiefs: With three career NFL and Super Bowl MVPs, it’s no surprise that Mahomes is mentioned here again. He’s an annual threat to lead the NFL in passing yards and touchdowns while keeping the Chiefs in first place, but the numbers aren’t there this year. It’s the perfect formula to win, but having 11 interceptions through 14 games isn’t a good way to get ahead.
  • Jalen Hurts, Philadelphia Eagles: Hurts is annually a top MVP candidate because of his ability to rack up touchdowns through the air and on the ground. But now that Saquon Barkley is soaking up some touchdown opportunities, Hurts will have to be even more effective as a passer. So far, Hurts has thrown five interceptions and lost four fumbles, so he’s doing fine in that department.
  • Jayden Daniels, Washington Commanders: Who knew a rookie could be a viable NFL MVP candidate? The only rookie who’s ever won MVP is Jim Brown, but the Commanders quarterback has a legitimate chance, especially if Washington keeps winning.
  • Justin Herbert, Los Angeles Chargers: Now that Herbert is paired with an offensive-minded head coach, we should see Jim Harbaugh get more out of the Chargers’ franchise QB than ever before. Boasting one of the biggest arms in the NFL, along with plenty of mobility, Herbert should be viewed as a legit MVP candidate.
  • Jordan Love, Green Bay Packers: Three years of sitting on the bench sparked a fire in Love’s heart that has yet to go out. The first-year starter brought the Packers to the playoffs in his first year. We’re eager to see what he can do with his newfound confidence in his supporting cast, but missing time won’t help with his MVP case.
  • C.J. Stroud, Houston Texans: If Stroud can lead what was perceived to be a bad Texans team to the playoffs in his first year as a rookie when he didn’t even know what he was doing, imagine what he can do once he becomes a seasoned vet with an even better supporting cast. But he’s taken a bit of a step back this season.

Related: Top 2024 NFL Rookie of the Year candidates

  • Justin Jefferson, Minnesota Vikings: Can a wide receiver win MVP? It’s never happened before, but if there’s anyone who can, it’s Justin Jefferson. He currently ranks second in the NFL in receiving yards, but unless he becomes the first to capture a 2,000-yard season, it’s hard to imagine him having much of a chance.

Bottom line: As we saw last season, the MVP race doesn’t truly take shape until the final stretch of the season, when playoff teams start becoming established, yet for now, Josh Allen is the clear MVP winner, with Lamar Jackson coming in second.

Related: NFL QB Rankings: Who’s the best quarterback in football?

When will the 2025 NFL MVP be announced?

Last year, Jackson was announced as the league’s MVP for the 2023-24 season on Feb. 9, which took place two days before the Super Bowl. This means we could see the 2025 MVP announcement come on Feb. 7 next year. Stay tuned to find out when the NFL plans on officially announcing the MVP for the 2024-25 season.

Who won the NFL MVP last year?

Last year’s MVP winner was Lamar Jackson. Playing in his sixth NFL season, Jackson took home his second MVP award after previously doing so in 2019, his first full year as a starter in Baltimore.

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