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.
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Updated NFL MVP odds for 2024-25
| Player | 2024-25 NFL MVP odds |
| Josh Allen, QB, Buffalo Bills | -500 |
| Lamar Jackson, QB, Baltimore Ravens | +350 |
| Saquon Barkley, RB, Philadelphia Eagles | +8000 |
| Jared Goff, QB, Detroit Lions | +15000 |
| Joe Burrow, QB, Cincinnati Bengals | +20000 |
| Jayden Daniels, QB, Washington Commanders | +25000 |
| Baker Mayfield, QB, Tampa Bay Buccaneers | +40000 |
| Patrick Mahomes, QB, Kansas City Chiefs | +50000 |
| Sam Darnold, QB, Minnesota Vikings | +50000 |
| Jalen Hurts, QB, Philadelphia Eagles | +50000 |
| Justin Herbert, QB, Los Angeles Chargers | +50000 |
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NFL MVP odds 2024-25: Breaking down biggest favorites
- 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 ends as the MVP favorite again.
- Josh Allen, Buffalo Bills: Boasting a tantalizing combination of arm talent plus escapability, Allen is easily 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 made the Bills QB a risky betting option. Yet, Allen had just six interceptions, and his dual-threat potency makes him a top MVP candidate.
- Saquon Barkley, Philadelphia Eagles: The New York Giants never envisioned their star running back turning into an MVP candidate. But now the NFL’s rushing leader had a chance to top Eric Dickerson’s single-season rushing yardage record before sitting out of the regular season finale.
- 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 each week. Securing the NFC’s top seed while largely avoiding mistakes, Goff has earned the right to land on the MVP ballot.
- 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. The Bengals’ offense was on fire, so why can’t Burrow win his first MVP? He didn’t get enough help from his teammates to get the Bengals into the playoffs, which is a must to win this kind of hardware.
- Sam Darnold, Minnesota Vikings: No one had Darnold as a preseason pick to win MVP, but here he is, ranking fourth 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 very rich payday this offseason.
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- Justin Herbert, Los Angeles Chargers: Now that Herbert is paired with an offensive-minded head coach, we’re seeing 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 going forward, just not this year.
Bottom line: Lamar Jackson is our NFL MVP winner, with Josh Allen finishing second, Saquon Barkley third, and Joe Burrow fourth.
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.