MLB Cy Young Award: Odds, winners, trophy, when is it awarded?

All you need to know about MLB's Cy Young Award, including odds, past winners, when the award is announced, and more.

Jump ahead here:

• American League odds
• National League odds
• Past winners

American League Cy Young Award odds

Tarik Skubal	+400
Garrett Crochet	+600
Cole Ragans	+900
Jacob deGrom	+1000
Gerrit Cole	+1400

Detroit Tigers ace and reigning AL Cy Young Award winner Tarik Skubal is the +400 favorite to win the award again in 2025. He would be the first back-to-back Cy Young winner in either league since Jacob deGrom in 2018 and 2019.

In 2024, Skubal went 18-4 and posted a 2.39 ERA, 0.922 WHIP, 228-35 strikeout-walk ratio, 54 runs allowed, 15 home runs allowed and 6.3 WAR in 192.0 innings and 31 starts. He had 22 quality starts - tied for second-most in MLB - and threw the sixth-fastest average fastball (96.8 MPH) among MLB starters.

Second in the odds at +600 is the Boston Red Sox newly-acquired ace, Garrett Crochet. Last season with one of MLB's worst-ever teams, the Chicago White Sox, Crochet led MLB in whiff rate (33.1 percent) and strikeout percentage (35.1 percent) while posting a 3.58 ERA, 1.068 WHIP, 209-33 strikeout-walk ratio, 61 runs allowed 18 home runs allowed and 4.1 WAR in 32 starts and 146.0 innings.

Cole Ragans, who developed into an ace for the Kansas City Royals in 2024, has the third-shortest odds at +900 to win the 2025 Cy Young Award. He had a 3.14 ERA, 1.143 WHIP, 223-67 K-BB ratio, 71 runs allowed, 15 HR allowed and 4.9 WAR in 186.1 innings over 32 starts in '24.

Texas Rangers righthander Jacob deGrom, the most recent back-to-back Cy Young winner, is fourth in the market at +1000. The 36-year-old missed most of 2024 due to injury, but he had a 1.69 ERA and 1.125 WHIP in 10.2 innings pitched over three games last season. He has a 2.52 career ERA and 0.994 career WHIP.

Fifth in the odds at +1400 is New York Yankees ace Gerrit Cole, who was limited to 17 starts in 2024 due to injury. Over 95.0 innings, the 2023 AL Cy Young Award winner went 8-5 with a 3.41 ERA, 1.126 WHIP, 99-29 K-BB ratio, 38 runs allowed, 11 HR allowed and 2.0 WAR.

Further back in the odds, between 16/1 and 25/1, are Seattle Mariners righthander Logan Gilbert, Minnesota Twins righty Pablo Lopez, Houston Astros lefthander Framber Valdez, Tampa Bay Rays lefty Shane McLanahan, Mariners righty George Kirby, Baltimore Orioles righty Grayson Rodriguez, and Astros righty Hunter Brown.

National League Cy Young Award odds

Paul Skenes	+300
Zack Wheeler	+750
Chris Sale	+800
Blake Snell	+1000
Corbin Burnes	+1200

Pittsburgh Pirates ace and 2024 NL Rookie of the Year Paul Skenes is the early +300 favorite to win the 2025 NL Cy Young Award.

After getting his MLB call-up in May, the former NCAA Champion with LSU posted an 11-3 record with a 1.96 ERA, 0.947 WHIP, 170-32 K-BB ratio, 31 runs allowed, 10 HR allowed and 5.9 WAR in 133.0 innings over 23 starts. Plus, he had the fastest average fastball (98.8 MPH) of any pitcher to face at least 500 batters.

Philadelphia Phillies ace Zack Wheeler is the second favorite at +750 after he finished second in 2024 NL Cy Young voting. Wheeler was named an All-Star and went 16-7 with MLB's fifth-highest chase rate (33.8 percent), a 2.57 ERA, NL-best 0.955 WHIP, 224-52 K-BB ratio, 62 runs allowed and 6.1 WAR in 200.0 innings over 32 starts.

Reigning NL Cy Young Award winner and Atlanta Braves lefthander Chris Sale is the +800 third-favorite ahead of 2025 Spring Training. The 35-year-old went 18-3, led MLB with a 2.38 ERA and had the fourth-lowest allowed hard-hit rate (31.2 percent). Sale also posted 1.013 WHIP, NL-best 225 strikeouts against 39 walks, 48 runs allowed and 6.2 WAR in 177.2 innings across 29 starts.

Newly-acquired Los Angeles Dodgers lefty Blake Snell, a two-time Cy Young winner, is fourth in the NL market at +1000. With the San Francisco Giants last season, he had a 3.12 ERA, 1.048 WHIP, 145-44 K-BB ratio, 38 runs allowed and 2.1 WAR along with a complete game shutout in 20 starts and 104.0 innings pitched.

Corbin Burnes, who recently signed with the Arizona Diamondbacks after spending 2024 with the Baltimore Orioles, has the fifth-shortest NL Cy Young odds at +1200. He had a 2.92 ERA, 1.096 WHIP, 181-48 K-BB ratio, 76 runs allowed and 3.4 WAR in 194.1 innings over 32 starts. And, he had the fifth-highest average spin on breaking balls (2,919 RPM) across MLB in 2024.

Further back in the NL Cy Young market, between 16/1 and 25/1, are San Diego Padres righty Dylan Cease, LA Dodgers righty Tyler Glasnow, Padres righty Michael King, Cincinnati Reds righty Hunter Greene, Miami Marlins righty Sandy Alcantara, Atlanta Braves righty Spencer Strider, Milwaukee Brewers righty Freddy Peralta, Giants righty Logan Webb, and Dodgers righty Yoshinobu Yamamoto.

Shohei Ohtani, who won 2024 NL MVP as a designated hitter for the Dodgers, is set to return to the mound in 2025 after recovering from elbow surgery and is +2800 to win his first career Cy Young Award. He finished fourth in 2022 AL Cy Young voting with the Los Angeles Angels, having posted a 2.33 ERA, 1.012 WHIP and 6.2 pitching WAR.

MLB Cy Young Award past winners

Year	American League winner	National League Winner
2024	Tarik Skubal	Chris Sale
2023	Gerrit Cole	Blake Snell
2022	Justin Verlander	Sandy Alcantara
2021	Robbie Ray	Corbin Burnes
2020	Shane Bieber	Trevor Bauer
2019	Justin Verlander	Jacob deGrom
2018	Blake Snell	Jacob deGrom
2017	Corey Kluber	Max Scherzer
2016	Rick Porcello	Max Scherzer
2015	Dallas Keuchel	Jake Arrieta
2014	Corey Kluber	Clayton Kershaw
2013	Max Scherzer	Clayton Kershaw
2012	David Price	RA Dickey
2011	Justin Verlander	Clayton Kershaw
2010	Felix Hernandez	Roy Halladay
2009	Zack Greinke	Tim Lincecum
2008	Cliff Lee	Tim Lincecum
2007	CC Sabathia	Jake Peavy
2006	Johan Santana	Brandon Webb
2005	Bartolo Colon	Chris Carpenter
2004	Johan Santana	Roger Clemens
2003	Roy Halladay	Eric Gagne
2002	Barry Zito	Randy Johnson
2001	Roger Clemens	Randy Johnson
2000	Pedro Martinez	Randy Johnson
1999	Pedro Martinez	Randy Johnson
1998	Roger Clemens	Tom Glavine
1997	Roger Clemens	Pedro Martinez
1996	Pat Hentgen	John Smoltz
1995	Randy Johnson	Greg Maddux
1994	David Cone	Greg Maddux
1993	Jack McDowell	Greg Maddux
1992	Dennis Eckersley	Greg Maddux
1991	Roger Clemens	Tom Glavine
1990	Bob Welch	Doug Drabek
1989	Bret Saberhagen	Mark Davis
1988	Frank Viola	Orel Hershiser
1987	Roger Clemens	Steve Bedrosian
1986	Roger Clemens	Mike Scott
1985	Bret Saberhagen	Dwight Gooden
1984	Willie Hernandez	Rick Sutcliffe
1983	LaMarr Hoyt	John Denny
1982	Pete Vuckovich	Steve Carlton
1981	Rollie Fingers	Fernando Valenzuela
1980	Steve Stone	Steve Carlton
1979	Mike Flanagan	Bruce Sutter
1978	Ron Guidry	Gaylord Perry
1977	Sparky Lyle	Steve Carlton
1976	Jim Palmer	Randy Jones
1975	Jim Palmer	Tom Seaver
1974	Catfish Hunter	Mike Marshall
1973	Jim Palmer	Tom Seaver
1972	Gaylord Perry	Steve Carlton
1971	Vida Blue	Fergie Jenkins
1970	Jim Perry	Bob Gibson
1969	Mike Cuellar	Tom Seaver
1968	Denny McLain	Bob Gibson
1967	Jim Lonborg	Mike McCormick
1966	Sandy Koufax*	Sandy Koufax*
1965	Sandy Koufax*	Sandy Koufax*
1964	Dean Chance*	Dean Chance*
1963	Sandy Koufax*	Sandy Koufax*
1962	Don Drysdale*	Don Drysdale*
1961	Whitey Ford*	Whitey Ford*
1960	Vern Law*	Vern Law*
1959	Early Wynn*	Early Wynn*
1958	Bob Turley*	Bob Turley*
1957	Warren Spahn*	Warren Spahn*
1956	Don Newcombe*	Don Newcombe*

* = one award for both leagues

When are MLB Cy Young Awards announced?

The Cy Young Award winners are announced around two weeks after the World Series concludes as part of MLB's awards season. In 2023. the winners were announced on Nov. 15.

Who votes on the MLB Cy Young Award?

The Baseball Writers Association of America (BBWAA) votes on the winners of the Cy Young Award. Two writers in each MLB city get to vote, and votes must be submitted before the postseason begins. Voters get a first-, second-, and third-place vote which are worth five, three, and one point respectively. The player with the most points, regardless of the number of first-place votes, wins the award.

MLB Cy Young Award trophy

Winners of the Cy Young Award receive a plaque with a black background that features a hand holding a baseball in the center, with the phrase 'Cy Young Award' across the top.