2021 NFL MVP Odds: Patrick Mahomes, Aaron Rodgers & Josh Allen Open As Favorites

2021 NFL MVP Odds: Patrick Mahomes, Aaron Rodgers & Josh Allen Open As Favorites article feature image

Getty Images. Pictured: Russell Wilson, Aaron Rodgers, Patrick Mahomes


Patrick Mahomes
Aaron Rodgers
Josh Allen
Russell Wilson
Matthew Stafford
Tom Brady
Lamar Jackson
Dak Prescott
Deshaun Watson
Justin Herbert
Kyler Murray
Ryan Tannehill
Derrick Henry
Christian McCaffrey
Baker Mayfield
Carson Wentz
Jameis Winston
Joe Burrow
Kirk Cousins
Tua Tagovailoa
All odds are as of Feb. 11 and via DraftKings.

It was a two-man race, but it took until Week 16 for Aaron Rodgers to pull ahead of Patrick Mahomes on the oddsboard for 2020 NFL MVP before officially claiming the hardware at the end of the season.

Now, Mahomes and Rodgers find themselves atop the board once again for 2021 — Mahomes’ +500 odds (bet $100 to net a $500 profit) give him a 16.7% implied probability to win the award while Rodgers’ +800 odds give him an 11.1% implied probability (convert more odds with our calculator).

Both led their teams to the No. 1 seeds in their respective conferences in 2020 on the heels of phenomenal regular-season performances:

  • Mahomes (14-2): 66.3% comp; 4,740 yards; 38 TDs; 6 INTs; 82.9 QBR
  • Rodgers (13-3): 70.7% comp; 4,299 yards; 48 TDs; 5 INTs; 84.4 QBR

It’s no surprise that, given their MVP odds, the Chiefs and Packers open the 2021 season with the best odds to win Super Bowl 56.

Josh Allen and Russell Wilson, who entered the 2020 race at various points, are tied for the third-best MVP odds at +1300. The next crop of quarterbacks on the board are led by Matthew Stafford, whose MVP odds rose in the wake of being traded from the Lions to the Rams to kickstart the offseason QB carousel.

As for non-QBs, Derrick Henry and Christian McCaffrey share honors of being the highest running backs on the board, tied at +3300 odds.

More QBs are expected to find new homes in the coming months, either via trade or during free agency. We’ll be tracking how the MVP odds shift as that offseason movement unfolds, so be sure to keep this page bookmarked until Week 1 kicks off.

NFL MVP Odds Tracker