The NFL is in the final stretch of the season and the MVP odds board continues to change.
The NFL is in the final stretch of the season and the MVP odds board continues to change.
The latest: The complexion of this race has been altered thanks to Jalen Hurts spraining his right shoulder. That's put Patrick Mahomes back in the driver's seat, but Josh Allen is fighting his way back into the mix, too.
Here are the latest NFL MVP odds.
Check out the latest odds to win NFL MVP. Click linked odds to add selection to your betslip.
| Player | Odds (Jan. 3) | Odds (Dec. 26) |
| Patrick Mahomes | -715 | -400 |
| Jalen Hurts | +1,000 | +325 |
| Joe Burrow | +1,000 | +700 |
| Josh Allen | +1,600 | +1,200 |
| Justin Jefferson | +10,000 | +10,000 |
| Saquon Barkley | +25,000 | N/A |
| Josh Jacobs | +25,000 | N/A |
| Nick Bosa | +25,000 | +25,000 |
| Tyreek Hill | +25,000 | +50,000 |
| Micah Parsons | +50,000 | +50,000 |
Odds as of 11:47 a.m. on 01/03/2023.
The favourite: Mahomes (-715)
Mahomes spent a few weeks atop this odds leaderboard and now he's back thanks to Hurts' injury — even if his recent work is far from impeccable.
In Week 13, the Kansas City Chiefs produced just 24 points in a loss to the Cincinnati Bengals and Mahomes followed that up with a three-interception day against the Denver Broncos.
In Week 15, things could've gotten even more perilous if his Chiefs had been upset by the Houston Texans, but they escaped with a win. Week 16 was a pedestrian effort by Mahomes' standards as he put up 224 yards and a touchdown.
Although Week 17 was the first vintage Mahomes performance we've seen since November, he still leads the NFL in passing yardage (5048), passing touchdowns (40) and QBR (77.8).
That's especially impressive considering his team's running game has been middling and his receiver group saw Tyreek Hill depart in the offseason.
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Mahomes has thrived no matter who's lined up at receiver while feeding the ball to Travis Kelce with remarkable success. His production without Hill — especially in the context of what the star wide receiver has done for Tua Tagovailoa in Miami — should give him some narrative juice, but he may not need it depending on what happens with Hurts.
Player to watch: Allen (+1,600)
Allen's odds shortened significantly after a magnificent four-touchdown performance in Week 15 in cold conditions at Highmark Stadium, but they lengthened again as he managed 172 passing yards in tough Week 16 conditions in Chicago with two interceptions.
His pure passing numbers don't stack up to his competition, but it's worth noting that he's playing through a UCL injury and compensating by making things happen with his legs.
Josh Allen doing Josh Allen things.
— Buffalo Bills (@BuffaloBills) December 18, 2022
📺: @nflnetwork pic.twitter.com/9Qnbp6YY5F
Allen's case could end up being a mix between Hurts' and Mahomes'. If the Bills secure the AFC's top seed he could get credit for his team's success and dual-threat contribution like Hurts.
He's also leading an offence that lacks star power outside of Stefon Diggs, so like Mahomes, he's lifting the play of his teammates.
Allen is a bit of a long shot at this point, but if he strings together some huge performances he's capable of getting back into the race.
Player to watch: Hurts (+1,000)
Hurts needs a few things to come together to win this award.
He has to return in Week 18, which seems likely, and he has to put on a massive performance that helps his team earn the NFC's top seed. If Mahomes falters and the Chiefs drop to the second seed, that would also help.
The Philadelphia Eagles quarterback entered Week 15 as the heavy favourite and watched his team lose two straight games when he went down with a shoulder injury. While his raw totals are limited due to his time missed, the case that he's essential to his team's success has been made.
He deserves plenty of credit for guiding the Eagles to a 13-1 record. His passing yardage and touchdowns won't blow anyone away, but he's been extremely efficient, averaging 8.2 yards per attempt and producing a 104.6 passer rating.
The 24-year-old is also giving his team's offence a dynamic element with his rushing prowess. He's gained more than 50 yards per game on the ground while producing double-digit rushing touchdowns for the second straight season.