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2024 NFL MVP: Odds, winners, trophy, when is it awarded?

We covered all you need to know about the NFL's Most Valuable Player Award, including the latest odds, past winners, when the award is announced, and more.

Baltimore Ravens quarterback Lamar Jackson won the award in 2023, his second time earning it after doing so in 2019.

2024 NFL MVP favorites

Patrick Mahomes +650

Fresh off winning his third NFL Championship and his third NFL Championship MVP award, Patrick Mahomes is riding high. He had probably the worst supporting cast on offense in his seven NFL seasons, and he still led the team that led the league in dropped passes to win it all.

Mahomes always stands a chance at winning any award, and the Chiefs added speedy former Texas wide receiver Xavier Worthy to pair with tight end Travis Kelce and running back Isiah Pacheco, which should boost his MVP hopes slightly.

Josh Allen +700

Josh Allen is the definition of a gunslinger. He has thrown at least 10 interceptions in five of his six seasons as starting quarterback for the Buffalo Bills, but the guy has a cannon for an arm and comes up big in the clutch.

Allen has thrown for 4,000 yards or more in each of the past four seasons, and his lowest single-season passing touchdown total in that span is this past campaign's tally of 29. He compensated for that with a career-high 15 rushing touchdowns in 2023.

The Bills traded away Allen's top target in Stefon Diggs this offseason, but they drafted a red zone threat in Keon Coleman from Florida State early in the second round to join Curtis Samuel and Khalil Shakir as Allen's main targets.

Joe Burrow +900

Joe Burrow has already completed one comeback from a major injury, winning the 2021 Comeback Player of the Year Award after suffering torn knee ligaments in Week 11 of the 2020 season. In 2024, he'll be coming back from an injury to his throwing wrist, suffered in Week 11 of the 2023 season.

Burrow played at an elite level in his two fully healthy seasons. He went 10-6 as a starter in 2021, posting a 70.4 completion percentage, 4,611 passing yards, 34 TDs, and 14 interceptions. In 2022, he went 12-4 as a starter with a 68.3 completion percentage, 4,475 passing yards, 35 TDs, and 12 INTs.

Plus, his team got him extra protection of the offensive line by drafting Amarius Mims from Georgia in the first round and signing Trent Brown in free agency.

Lamar Jackson +1000

Few teams demand more from their quarterback than the Baltimore Ravens demand from Lamar Jackson, and his workload might increase after offensive players Odell Beckham Jr., Gus Edwards, JK Dobbins, and Kevin Zeitler left in free agency.

Still, Jackson will have Zay Flowers, Mark Andrews, and Isaiah Likely to throw to, the team signed powerhouse running back Derrick Henry, and the reigning MVP is a better runner with the ball than most players in the NFL. Plus, repeating as MVP is not unheard of: Aaron Rodgers did just that in 2020 and 2021.

CJ Stroud +1000

CJ Stroud gets to run it back with the receiving corps of Tank Dell and Nico Collins that helped the QB to the NFC Rookie of the Year Award last year, and this time around, he has Stefon Diggs and Joe Mixon joining the offense.

Diggs is a bona fide No. 1 receiver while Mixon will be the feature back. Both add veteran presences to this offense, which finished with the fewest turnovers in the league thanks to Stroud's composed play as a rookie. With these new options, he'll be even more dangerous under center.

Justin Herbert +1200

The Los Angeles Chargers hit the jackpot in hiring Jim Harbaugh from reigning College Football National Champions Michigan, and one of Harbaugh's top priorities will be getting the best out of talented quarterback Justin Herbert.

Herbert missed the last four games of the 2023 season with an injury to his throwing hand. The Chargers weren't great before that, with Herbert guiding them to a 5-8 record (completing 65.1 percent of his passes for 3,134 yards, 20 TDs, and seven INTs) before the injury.

The team cut its two top receivers - Mike Williams and Keenan Allen - to save cap space this offseason, but the team drafted former Georgia wide receiver Ladd McConkey in the early second round. Plus, the Chargers drafted an offensive tackle in the first round in Notre Dame's Joe Alt who should provide solid protection.

Read more: NFL Honors winners, awards, voting results & more

NFL MVP Winners by Year

Year

Player

Position

Team

2023

Lamar Jackson

QB

Baltimore Ravens

2022

Patrick Mahomes

QB

Kansas City Chiefs

2021

Aaron Rodgers

QB

Green Bay Packers

2020

Aaron Rodgers

QB

Green Bay Packers

2019

Lamar Jackson

QB

Baltimore Ravens

2018

Patrick Mahomes

QB

Kansas City Chiefs

2017

Tom Brady

QB

New England Patriots

2016

Matt Ryan

QB

Atlanta Falcons

2015

Cam Newton

QB

Carolina Panthers

2014

Aaron Rodgers

QB

Green Bay Packers

2013

Peyton Manning

QB

Denver Broncos

2012

Adrian Peterson

RB

Minnesota Vikings

2011

Aaron Rodgers

QB

Green Bay Packers

2010

Tom Brady

QB

New England Patriots

2009

Peyton Manning

QB

Indianapolis Colts

2008

Peyton Manning

QB

Indianapolis Colts

2007

Tom Brady

QB

New England Patriots

2006

LaDainian Tomlinson

RB

San Diego Chargers

2005

Shaun Alexander

RB

Seattle Seahawks

2004

Peyton Manning

QB

Indianapolis Colts

2003

Steve McNair

QB

Tennessee Titans

2003

Peyton Manning

QB

Indianapolis Colts

2002

Rich Gannon

QB

Oakland Raiders

2001

Kurt Warner

QB

St. Louis Rams

2000

Marshall Faulk

RB

St. Louis Rams

1999

Kurt Warner

QB

St. Louis Rams

1998

Terrell Davis

RB

Denver Broncos

1997

Barry Sanders

RB

Detroit Lions

1997

Brett Favre

QB

Green Bay Packers

1996

Brett Favre

QB

Green Bay Packers

1995

Brett Favre

QB

Green Bay Packers

1994

Steve Young

QB

San Francisco 49ers

1993

Emmitt Smith

RB

Dallas Cowboys

1992

Steve Young

QB

San Francisco 49ers

1991

Thurman Thomas

RB

Buffalo Bills

1990

Joe Montana

QB

San Francisco 49ers

1989

Joe Montana

QB

San Francisco 49ers

1988

Boomer Esiason

QB

Cincinnati Bengals

1987

John Elway

QB

Denver Broncos

1986

Lawrence Taylor

ROLB

New York Giants

1985

Marcus Allen

RB

Los Angeles Raiders

1984

Dan Marino

QB

Miami Dolphins

1983

Joe Theismann

QB

Washington Redskins

1982

Mark Moseley

K

Washington Redskins

1981

Ken Anderson

QB

Cincinnati Bengals

1980

Brian Sipe

QB

Cleveland Browns

1979

Earl Campbell

RB

Houston Oilers

1978

Terry Bradshaw

QB

Pittsburgh Steelers

1977

Walter Payton

RB

Chicago Bears

1976

Bert Jones

QB

Baltimore Colts

1975

Fran Tarkenton

QB

Minnesota Vikings

1974

Ken Stabler

QB

Oakland Raiders

1973

O.J. Simpson

RB

Buffalo Bills

1972

Larry Brown

RB

Washington Redskins

1971

Alan Page

RDT

Minnesota Vikings

1970

John Brodie

QB

San Francisco 49ers

1969

Roman Gabriel

QB

Los Angeles Rams

1968

Earl Morrall

QB

Baltimore Colts

1967

Johnny Unitas

QB

Baltimore Colts

1966

Bart Starr

QB

Green Bay Packers

1965

Jim Brown

FB

Cleveland Browns

1964

Johnny Unitas

QB

Baltimore Colts

1963

Y.A. Tittle

QB

New York Giants

1962

Jim Taylor

FB

Green Bay Packers

1961

Paul Hornung

HB

Green Bay Packers

1959

Johnny Unitas

QB

Baltimore Colts

1958

Jim Brown

FB

Cleveland Browns

1957

Jim Brown

FB

Cleveland Browns

NFL MVP trophy

The NFL Most Valuable Player trophy features a bronze NFL logo attached to a pedestal. It is similar to the other trophies for awards announced at the NFL Honors ceremony. 

From 1938 to 1946, the NFL MVP was awarded with the Carr Trophy, named after commissioner Joseph Carr. 

NFL MVP announcement

The NFL MVP is announced at the NFL Honors show. The 2024 edition was on Thursday, February 8, beginning at 9 PM ET. Fans can watch it on CBS, NFL Network, or Paramount+.

NFL MVP voting

While the NFL itself recognizes the MVP award, the actual voting and decision-making for the most prestigious NFL MVP award is done by 50 media members affiliated with the Associated Press (AP). 

The voting panel consists of 50 sportswriters across the NFL. Prior to 2022, each voter cast one vote for the award winner. Since 2022, each voter ranks their top five choices for MVP, with points assigned based on ranking: 10 points for 1st, 5 for 2nd, 3 for 3rd, 2 for 4th, and 1 for 5th. This allows for more nuanced consideration of multiple candidates.

Other organizations sometimes present their own "MVP" awards, such as the Pro Football Writers Association, but the Associated Press award is widely considered the most prestigious and official NFL MVP recognition.

Odds displayed within this article were correct at the time of writing and are subject to change.

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