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2023 NFL MVP Race: Patrick Mahomes Leads Latest NFL MVP Odds

After just one week of action, the NFL MVP race has already tightened up. While Patrick Mahomes leads the latest NFL MVP odds, a few big names are closing in on him. NFL analyst Matt MacKay breaks down the 2023 NFL MVP race.

2023 NFL MVP Race: Patrick Mahomes Leads Latest NFL MVP Odds

The NFL MVP race has already tightened up after just one week of action. Whether it's the devastating season-ending Achilles injury sustained by Aaron Rodgers or four turnovers from Josh Allen, oddsmakers have adjusted lines to make the MVP race very intriguing at the top.

Patrick Mahomes didn't defend home turf against the Lions on banner night, playing without star tight end Travis Kelce, while Tua Tagovailoa surgically picked apart the Chargers secondary to wind up with 466 passing yards and three touchdowns in a back-and-forth road win over the Chargers. During the same game, Justin Herbert was not nearly able to keep up through the air, completing 23-of-33 attempts for 228 yards and a touchdown while rushing for a second touchdown. His odds didn't change at all from +900 at FanDuel Sportsbook.

Trevor Lawrence went into Indianapolis and played a quality game, utilizing new weapon Calvin Ridley heavily within an upgraded Jaguars wide receiving corps. Joe Burrow looked completely off, facing pressure on nearly every snap, but his odds only crept down a bit, keeping him firmly in the MVP odds race. Jalen Hurts had to sweat out a second-half comeback from New England on the road, but he managed to play well enough, committing one fumble while recording a passing touchdown and 37 rushing yards.

NFL handicapper Matt MacKay gives us his updated NFL MVP Power Rankings ahead of Week 2.

2023 NFL MVP Odds

Click here for 2023 NFL MVP odds

Odds

Player

Stock Watch

Implied Chance

+600

Patrick Mahomes

Neutral

14.29%

+600

Tua Tagovailoa

Up

14.29%

+900

Trevor Lawrence

Up

10%

+900

Justin Herbert

Neutral

10%

+900

Joe Burrow

Down

10%

+900

Jalen Hurts

Neutral

10%

NFL MVP Race

Patrick Mahomes MVP Odds (+600) Click here to see which sportsbook has the best odds

Patrick Mahomes has not seen his line movement change at all, despite losing the home opener without his top receiving option. The two-time MVP is fresh off of his second Super Bowl MVP, plus he's demonstrated his ability to bounce back countless times. Factor in the potential return of star tight end Travis Kelce on the road in Jacksonville next week, and it becomes clearer why Mahomes is firmly locked into the top of the MVP odds race until further notice.

Tua Tagovailoa MVP Odds(+600) Click here to see which sportsbook has the best odds

The Miami Dolphins' high-octane passing attack returned full force in Week 1, with Tua Tagovailoa propelling himself into the MVP conversation yet again. We'll see how this year turns out compared to 2022, but with Tyreek Hill looking as talented as he's ever been, these could be valuable odds to pounce on before facing the Broncos, Giants, and Panthers in three of the next four games.

Joe Burrow MVP Odds (+900) Click here to see which sportsbook has the best odds

Cincinnati couldn't put anything together offensively, with Myles Garrett and the Browns dominating the line of scrimmage. As a result, Joe Burrow did next to nothing, with some looking back at his injury during training camp to find fault for the lack of production. Burrow's odds didn't drop much, implying oddsmakers still believe he has a chance to bounce back against the Ravens in Week 2.

Justin Herbert MVP Odds (+900) Click here to see which sportsbook has the best odds

Justin Herbert managed to play a bit better than Burrow, but he still didn't do enough to get the Chargers a win over the red-hot Dolphins offense. Tagovailoa outplayed Herbert, doubling his passing yards and tripling his touchdowns. OC Kellen Moore's arrival created a lot of buzz around the Chargers offense, but Herbert is running out of excuses. Conveniently, he gets the Titans secondary on the road in Week 2.

Trevor Lawrence MVP Odds (+900) Click here to see which sportsbook has the best odds

Trevor Lawrence is off to a great start in year two under head coach Doug Pederson, especially with the addition of wide receiver Calvin Ridley. The Jaguars exceeded expectations in 2022 and recorded a miraculous comeback in the AFC Wild Card game over the Chargers while competing with the Chiefs for stretches as well. Lawrence profiles as the generational talent he's been touted as, and he'll get another crack at a Chiefs defense that will be ready to salvage a win.

Jalen Hurts (+900) Click here to see which sportsbook has the best odds

Philadelphia won an ugly game, but Jalen Hurts controlled the game nicely, facing a stout New England defense that wreaked havoc at the line of scrimmage. Expect much bigger games from Hurts, who was atop the MVP race late last year until a minor injury sidelined him. He'll face a juicy matchup at home in primetime against the Vikings secondary in Week 2.

NFL Odds

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