Sunday’s Week 11 is in the books, and with it, playoff positioning continues to become increasingly clear. However, after this week’s results, the NFL MVP race received a shake-up. According to the latest NFL MVP odds, the favorite for the league’s most prestigious award has a new name next to it.
The Dallas Cowboys and Houston Texans still play on ‘Monday Night Football’ before Week 11 concludes, but there’s already a new leader in the clubhouse in MVP odds.
Quarterback Lamar Jackson is the reigning MVP and has spent most of the season as the favorite, according to BetMGM’s NFL MVP odds. That was until Sunday when the Buffalo Bills knocked off the undefeated and defending Super Bowl champion Chiefs.
Josh Allen of the Bills has leapfrogged the field and is the new favorite in NFL MVP odds after Week 11. The last time a non-quarterback won the NFL MVP award was in 2012, when running back Adrian Peterson won. He finished that season with 2,097 rushing yards. Before Peterson, it was Ladanian Tomlinson in 2006 when he had 28 touchdowns and more than 1,800 rushing yards. As history suggests, the current top 10 players in MVP odds are all quarterbacks.
NFL MVP odds
Here’s which players are the favorites for the NFL MVP award after 11 weeks of action, according to BetMGM on Monday:
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1. Josh Allen, QB, Buffalo Bills: +150
Allen has never claimed an MVP award but has finished in the top five in voting in three of his last four seasons. He was the runner-up in 2020 behind Aaron Rodgers and a finalist in 2022 (third place) and 2023 (fifth place). After taking down the undefeated Chiefs in Week 11, he passed the reigning MVP Lamar Jackson as the favorite.
The Bills have won six consecutive games and are running away with the AFC East division title with their 9-2 record. Allen is sixth in the NFL with 18 passing touchdowns. He has been a wrecking ball, rushing for 316 yards and five touchdowns. Allen has protected the ball this season with just five interceptions. Buffalo is on a bye in Week 12, but Allen can put his stamp on the award when the team returns in Week 13 to host the defending NFC champion 49ers.
2. Lamar Jackson, QB, Baltimore Ravens: +200
The Ravens finished last season with a 13-4 record, the best in the league, and won the AFC North title. Quarterback Lamar Jackson earned his second MVP award after earlier winning in 2019. So far, 2024 has some resemblance to 2023, but that changed on Sunday. The Ravens lost to the division-rival Steelers 18-16, and Jackson was stifled.
Baltimore is two games behind the Steelers in the loss column. Jackson threw for just 207 yards, one touchdown and an interception in the loss. Despite the poor showing, he leads the NFL in quarterback rating and is second in touchdown passes. With seven weeks left to play, the MVP race between Allen and Jackson is heating up.
3. Jared Goff, QB, Detroit Lions: +650
Goff leads the NFL with an astronomical 73% completion percentage among quarterbacks who have played at least eight games. He’s in rare air like Drew Brees’ historic 74.4% mark in 2018. He is fourth in passing touchdowns and ninth in passing yards.
The Lions have the best record in the NFC at 9-1 and are coming off an explosive offensive performance against the Jaguars in Week 11.
Detroit’s schedule will provide Goff with an opportunity to show he is worthy of MVP honors. The Lions host the Chicago Bears in Week 13, then the Packers on ‘Thursday Night Football’ in Week 14. A clash with MVP favorite Josh Allen and the Bills will follow that. Goff’s ultimate test is in Week 17, with a chance at redemption for the NFC Championship loss on the road for ‘Monday Night Football’ against the 49ers. He can claim MVP honors if he continues the Lions on this upward trajectory against these opponents.
4. Patrick Mahomes, QB, Kansas City Chiefs: +1200
The two-time NFL MVP and reigning back-to-back Super Bowl MVP is on pace for the worst statistical season of his career. He’s on pace for his fewest passing touchdowns in a single season (25), his most interceptions in a season (18), his lowest passing-yard total since 2019 – a season in which he played just 14 games – and the worst passer rating of his career (90.3).
The Chiefs were handed their first loss of the season as Mahomes came up short against Allen on Sunday. He finished 23-for-33 for 196 yards, adding three touchdowns and two interceptions in the loss. Mahomes can pad his stats against the lowly Panthers and Raiders over the next two weeks.
5. Jalen Hurts, QB, Philadelphia Eagles: +1400
Philadelphia and Jalen Hurts are flying high with an 8-2 record after Week 11. Last season, the Eagles were the juggernaut of the entire NFL until December. Philadelphia had the best record in the NFL at 10-1 but finished the season at 11-6 after dropping five of its last six games after Hurts injured his shoulder. He is healthy in 2024 and is second in the NFL in rushing touchdowns (11) behind Derrick Henry (13).
Hurts finished runner-up behind Mahomes in the 2022 MVP voting, and he is playing better now than he did that season. The Eagles have won six in a row while Hurts is completing a career-high 69.2% of his passes with a career-best career-high 103.4 QB rating. He has thrown for 2,197 yards, 12 touchdowns and five interceptions. The Eagles have a path to the top seed in the NFC, which would vault Hurts into legitimate contention.
