NFL MVP Odds After Week 1: Josh Allen, Joe Burrow Fall While Patrick Mahomes Remains Favored

Only one week into the NFL season and the MVP race has already been a roller coaster.

The biggest story of the week was Aaron Rodgers. The four-time MVP opened at +2500 to win the MVP at BetMGM in his first season with the Jets. He was +1600 a few days before the season. After tearing his Achilles in the season opener, he has now been taken off the odds board.

Patrick Mahomes began the season as the clear favorite at most sportsbooks after winning the MVP and Super Bowl last season.

The Chiefs lost the season opener to the Lions and Mahomes began to drop in the odds board. Mahomes was without his favorite weapon, Travis Kelce, and it's unclear when the star tight end will return.

As Mahomes moved down the odds board, it was Joe Burrow and Josh Allen who worked their way up.

Burrow and the Bengals had a disappointing performance in their season opener against the Browns. Burrow's odds of winning MVP started to dwindle.

That led to Allen becoming the favorite to win MVP before he played a regular season game. Allen subsequently threw three interceptions in a Monday Night Football loss to the Jets.

So it's back to square one with Mahomes as MVP after one week of football at +600. He is followed by Tua Tagavailoa after he threw for over 400 yards against the Chargers. Tagavailoa is +700 to win MVP.

Then it's Jalen Hurts at +900 and a whole conglomerate of quarterbacks around +1000 including Burrow, Herbert and Allen.

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*Odds courtesy of BetMGM as of September 12.