Lamar Jackson was around +1500 to win NFL MVP prior to the 2023 season at most books, but the switch to a Todd Monken offense allowed him to post career highs in pass attempts, yards and yards per attempt as well as completion percentage. While his season wasn't as impressive as his first as starter en route to a unanimous MVP selection in 2019, he ran away with the award by earning 49 of a possible 50 votes last season as his Baltimore Ravens entered the playoffs looking like a juggernaut.

Fast forward to the summer, and Jackson finds himself back at +1400 to win this year's MVP across all books. Perhaps the market is projecting voter fatigue or a regression in production that could prevent Jackson from winning back-to-back MVPs, but five other quarterbacks have shorter consensus odds than the reigning Most Valuable Player. That starts with Patrick Mahomes, the two-time MVP who finished seventh in the voting last year but is favored to be named 2024 NFL MVP after the Chiefs added multiple receivers to boost their passing game.

Other MVP candidates with shorter odds than Jackson include Josh Allen, who has finished top five in the voting in three of the past four years; C.J. Stroud, who is fresh off being named Offensive Rookie of the Year; Joe Burrow, who played just 10 games last year due to injury but finished fourth in MVP voting in 2022; and Jordan Love, who exceeded expectations in his first year as starter.

I'll break down the MVP field below and identify who I think makes the most sense to back, including some longshots I think could be worth small-sized plays and the favorites I want no part of. But first, let's look at the list of 2024 NFL MVP odds, which includes all players who are +15000 or shorter at all of Caesars, DraftKings and FanDuel.

2024 NFL MVP odds

Which favorites are worth playing to win MVP, and which should be faded? And which longshots make for the best value plays to take home the award? ... Join SportsLine right now to see NFL MVP futures betting strategy from SportsLine's No. 1 NFL expert!