2024-25 NFL MVP odds: Mahomes, Allen early favorites

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Season-long individual futures odds for NFL players are available at every online sportsbook, and there’s no award as coveted or fun to bet on as the NFL Most Valuable Player.

Below see the latest NFL MVP odds, including breakdowns of the credentials and chances for each of the current leading favorites. The NFL MVP winner is officially announced during the NFL Honors awards show.

Latest NFL MVP odds

NFL MVP favorites

Lamar Jackson ()

Jackson powered the Baltimore Ravens to the league's best record at 13-4 and No. 1 playoff seed in the AFC.

The dynamic quarterback, though, wasn't the favorite to earn his second career NFL MVP award (2019) until his final two regular season games -- tour de force victories over the division-leading San Francisco 49ers (33-19) and Miami Dolphins (56-19) in Weeks 16 and 17.

In those contests, Jackson completed 41-of-56 passes for 573 yards, seven touchdowns and no interceptions while rushing for 80 yards on 13 carries.

Those back-to-back brilliant outings in two of the biggest games on the 2023 NFL regular season schedule have established Jackson as the overwhelming MVP favorite with consensus odds of -20000.

Dak Prescott ()

Who has a (super-thin) chance to nab the MVP award from Jackson?

Oddsmakers say Dallas Cowboys QB Dak Prescott is the most likely candidate with consensus +1800 odds.

Prescott finished the regular season with a league-most 36 passing touchdowns and was a close second to league-leader Brock Purdy with a 72.6 QBR while guiding the Cowboys (12-5) to the NFC East title conference's No. 2 playoff seed.

Brock Purdy()

Like Jackson, Purdy led his team, the San Francisco 49ers (12-5), to the top seed in his conference.

Purdy, in only his second season, was highly impressive with a league-leading QB rating (113.0) and QBR (72.8), tossing 31 TD passes and 11 interceptions.

Four of those interceptions, though, came in the Niners' home Christmas night loss to the Ravens and nixed -- for all intents and purposes -- Purdy's chances of beating out Jackson and claiming the MVP award.

Josh Allen ()

Buffalo's dynamic, do-it-all QB powered the Buffalo Bills (11-6) to five straight wins, a fourth-straight AFC East title and the conference's No. 2 seed to cap the regular season.

Allen accounted for a league-most 44 total TDs, including a career-high 15 rushing in 2023 -- but his 18 interceptions wound up as the second-highest total in the league, likely leaving Allen short of another MVP.

Christian McCaffrey ()

The 49ers' stud running back paced the league in rushing with 1,459 yards (292 more than No. 2 Derrick Henry) and 2,023 scrimmage yards (161 more than No. 2 CeeDeeLamb) and tied Miami Dolphins RB Raheem Mostert with 21 total TDs.

As impressive as those numbers were for CMC in his first full season with the Niners, the MVP has essentially become a top-QB award with 10 straight going to the position since RB Adrian Peterson garnered the honor in 2012.

NFL MVP dark horse watch

Tyreek Hill ()

The Dolphins' speed-burning wideout amassed a league-leading 1,799 receiving yards and tied Mike Evans for the NFL lead with 13 scoring grabs on a career-high-matching 119 receptions.

And while Hill also established a new career yardage high, his production tailed off late in the year and he fell well short of becoming the first wide receiver to top 2,000 yards in a season.

That was the one historical milestone that potentially could've pushed Hill over the top.

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