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

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.