Josh Allen is first, Caleb Williams is second in MVP odds

Published September 16, 2026 11:32 AM One week into the 2026 season, Bills quarterback Josh Allen remains the favorite to be named the NFL Most Valuable Player. But there’s a new contender in second place.Bears quarterback Caleb Williams’ odds have skyrocketed after his performance in Chicago’s 59-37 Week 1 win at Carolina.Allen’s odds improved from +600 to +500, while Williams is now just behind Allen at +600. Prior to Week 1, Williams was at +1200.The next-best odds belong to Ravens quarterback Lamar Jackson at +650, Bengals quarterback Joe Burrow at +900, 49ers quarterback Brock Purdy at +1200. Chiefs quarterback Patrick Mahomes at +1600, Cowboys quarterback Dak Prescott at +1800 and Jaguars quarterback Trevor Lawrence at +1800.Last year’s MVP, Rams quarterback Matthew Stafford, saw his odds drop to +2000 from his preseason odds of +1400 after the Rams’ ugly Week 1 loss.