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Opening Odds to Win Super Bowl 55 MVP – Mahomes Favored, Rodgers and Allen Among Top Contenders

John Perrotto

by John Perrotto in NFL Football

Updated Jan 5, 2021 · 6:16 AM PST

Kansas City Chiefs quarterback Patrick Mahomes passes during the second half of an NFL football game against the Atlanta Falcons Sunday, Dec. 27, 2020, in Kansas City, Mo. (AP Photo/Charlie Riedel)
  • Kansas City Chiefs quarterback Patrick Mahomes has opened as the favorite to win Super Bowl 55 MVP
  • Mahomes won the award last season when the Chiefs beat the San Francisco 49ers in the title game
  • A deeper look at all the odds and some value plays can be found below

Last year’s Super Bowl MVP is favored to repeat this year, according to the opening odds.

Kansas City Chiefs quarterback Patrick Mahomes is a +325 favorite. He is followed by five other quarterbacks in the Green Bay Packers’ Aaron Rodgers, the Buffalo Bills’ Josh Allen, the New Orleans Saints’ Drew Brees, the Tampa Bay Buccaneers’ Tom Brady, and the Baltimore Ravens’ Lamar Jackson.

Let’s take a deeper look at the odds.

Super Bowl 55 MVP Odds

Player Odds
Patrick Mahomes (Chiefs) +325
Aaron Rodgers (Packers) +625
Josh Allen (Bills) +1000
Drew Brees (Saints) +1300
Tom Brady (Buccaneers) +1500
Lamar Jackson (Ravens) +1600
Tyreek Hill (Chiefs) +1800
Russell Wilson (Seahawks) +1800
Travis Kelce (Chiefs) +2000
Davante Adams (Packers) +2500
Stefon Diggs (Bills) +4000
Ben Roethlisberger (Steelers) +4000
Michael Thomas (Saints) +4000
Tyrann Mathieu (Chiefs) +4000
Jared Goff (Rams) +5000
Derrick Henry (Titans) +5000
Taysom Hill (Saints) +5000
Aaron Jones (Packers( +5000
Alvin Kamara (Saints) +5000
Ryan Tannehill (Titans) +5000
Clyde Edwards-Helaire (Chiefs( +6000
Philip Rivers (Colts) +6000
Za’Darius Smith (Packers) +7000
Baker Mayfield (Browns) +8000
DK Metcalf (Seahawks) +10000
Ronald Jones (Buccaneers) +10000
Jaire Alexander (Packers) +12500
Trey Hendrickson (Saints) +12500
Bobby Wagner (Seahawks) +12500
T.J. Watt (Steelers) +12500
Devin White (Buccaneers) +12500
Mark Andrews (Ravens) +15000
Marquise Brown (Ravens) +15000
Aaron Donald (Rams) +15000
Chris Godwin (Buccaneers) +15000
Mitchell Trubisky (Bears) +15000
Devin Singletary (Bills) +15000
Alex Smith (Washington) +15000
Tre’Davious White (Bills) +15000
Chris Carson (Seahawks) +17500
Tyler Lockett (Seahawks) +17500
J.K. Dobbins (Ravens) +20000
Rob Gronkowski (Buccaneers) +20000
James Conner (Steelers) +25000
Jonathan Taylor (Colts) +25000
Cam Akers (Rams) +25000
Myles Garrett (Browns) +25000
Darius Leonard (Colts) +25000
Yannick Ngakoue (Ravens) +25000
Nick Chubb (Browns) +30000
JuJu Smith-Schuster (Steelers) +30000
Chase Claypool (Steelers) +30000
Jadeveon Clowney (Titans) +35000
Cooper Kupp (Rams) +35000
Kareem Hunt (Browns) +40000
A.J. Brown (Titans) +50000
T.Y. Hilton (Colts) +50000
Khalil Mack (Bears) +50000
Jarvis Landry (Browns) +50000
Terry McLaurin (Washington) +50000
Jalen Ramsey (Rams) +50000
Allen Robinson (Bears) +50000
Chase Young (Washington) +75000
Antonio Gibson (Washington) +100000
David Montgomery (Bears) +100000

Odds taken Jan. 5 at DraftKings

Mahomes Logical Favorite

It certainly makes sense that Mahomes is the top pick as the Chiefs are heavy favorites to repeat as Super Bowl champions.

The Chiefs finished the regular season with the best record in the NFL at 14-2. That gives them one of just two byes into the divisional round of the postseason and assures them of having home field advantage at Arrowhead Stadium throughout the playoffs.

Mahomes is also having another outstanding season. He has completed 66.3% of his passes for 4,740 yards and 38 touchdowns with six interceptions.

Mahomes’ average of 316.0 passing yards a game is also top in the NFL as he sat out the Chiefs’ 38-21 loss to the Los Angeles Chargers in Sunday’s meaningless finale.

Despite being 25, Mahomes is also a proven postseason performer. He led the Chiefs to their first Super Bowl title in 50 years last season after taking them to the AFC Championship Game in 2018 in his first year as a starter.

Mahomes has a 4-1 record in five career playoff starts with a 62.5% completion rate, 1,474 yards, 13 touchdowns, and just two interceptions.

History Unkind to Rodgers

While Rodgers is the second choice to be Super Bowl MVP, he is the odds-on favorite to be the NFL MVP in the regular season. Rodgers led the Packers to the best record in the NFC at 13-3, also giving his team a bye and home-field advantage in the conference playoffs.

The 36-year-old clearly has MVP credentials. He led the league in touchdown passes (48), completion percentage (70.7), average yards per attempt (9.6), and passer rating (121.5).

As far as postseason play, Rodgers’ record is 10-8 and he has led the Packers to the Super Bowl only one time when they beat the Pittsburgh Steelers to complete the 2010 season. He was MVP of that game with 304 yards passing and three TD throws.

Winning both the regular-season and Super Bowls MVPs in the same season is rare, though, as just six players have done it and none in the last 20 years – Bart Starr (1966), Terry Bradshaw (1978), Joe Montana (1989), Emmitt Smith (1993), Steve Young (1994), and Kurt Warner (1999).

Amazingly, the regular season MVP has wound up on the losing team in the Super Bowl 17 times. Thus, history does not bode particularly well for Rodgers.

Recent SB MVP Trends

Three of the past five Super Bowls have been quarterbacks, not a surprise in a league that has become dominated by passing

Last Five Super Bowl MVPs

Season Player Team Position
2015-16 Von Miller Broncos Linebacker
2016-17 Tom Brady Patriots Quarterback
2017-18 Nick Foles Eagles Quarterback
2018-19 Julian Edelman Patriots Wide receiver
2019-20 Patrick Mahomes Chiefs Quarterback

Edelman represented wide receivers while a defensive player did capture Super Bowl MVP in 2015 when Von Miler and Denver Broncos shut down regular-season MVP Cam Newton.

The trend suggests a QB will win the award, which is why the top six players on the board all play the position. However, the chances of a quarterback winning MVP are not as strong as the regular season when a QB has captured the award the last eight seasons.

Looking for Value

While Mahomes and Rodgers might look like the best bets, don’t be so sure they are locks to be this year’s Super Bowl MVP.

Working against Mahomes is that no team has repeated as Super Bowl championship since the New England Patriots in 2003 and 2004. And the previously mentioned history does not make Rodgers’ prospects look promising.

The two best value bets on the board are Brees at +1300 and Jackson at +1600.

This is starting to look like Brees’ final season and the Saints are good enough to send the 41-year-old out a winner before he joins NBC’s Sunday Night Football telecasts.

The Ravens enter the playoffs as hot as any team in the league with five straight wins. Jackson also has plenty of incentive after what happened to the Ravens last January.

Baltimore had the best record in the regular season at 14-2 then lost at home to the Tennessee Titans in its first playoff game. Jackson lost two fumbles and threw an interception after winning NFL MVP in the regular season.

And for a bit of a longer shot, let’s go with Bills wide receiver Stefon Diggs at +4000. Both he and Buffalo are having magical seasons Diggs led the NFL with 127 receptions and 1,535 receiving yards.

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