NBA MVP Odds & Favorites 2026: Gilgeous-Alexander Alone at the Top After Jokic Injury

Shai Gilgeous-Alexander (-425) leads the NBA MVP odds, with Luka Doncic (+500) the only other player remotely close.
Oklahoma City Thunder guard Shai Gilgeous-Alexander (2) looks on as we break down the NBA MVP odds.
Pictured: Oklahoma City Thunder guard Shai Gilgeous-Alexander (2) looks on as we break down the NBA MVP odds. Photo by Scott Wachter via Imagn Images.
Enjoying SBR content? Add us as a preferred source on your Google account Add as a preferred source on Google

Shai Gilgeous-Alexander stands all alone at the top of the NBA MVP odds leaderboard after the injury to Nikola Jokic, who is now off the board.

Trailing Gilgeous-Alexander's -425 odds are Luka Doncic (+500), Cade Cunningham (+5000), Victor Wembanyama (+6000), and Jalen Brunson (+6600).

📊 Live NBA MVP odds 2026

Our 2026 NBA MVP odds update in real time based on the NBA odds.


🔢 NBA MVP opening odds

Odds via DraftKings.

  • Nikola Jokic, Nuggets: +200
  • Shai Gilgeous-Alexander, Thunder: +250
  • Giannis Antetokounmpo, Bucks: +700
  • Luka Doncic, Lakers: +800
  • Anthony Edwards, Timberwolves: +1000
  • Victor Wembanyama, Spurs: +1800
  • Cade Cunningham, Pistons: +3000
  • Jalen Brunson, Knicks: +3500
  • Joel Embiid, 76ers: +7000
  • Kevin Durant, Rockets: +8000
  • Donovan Mitchell, Cavaliers: +8000
  • Jaylen Brown, Celtics: +10000
  • Anthony Davis, Mavericks: +10000
  • Paolo Banchero, Magic: +10000
  • Ja Morant, Grizzlies: +12000
  • LeBron James, Lakers: +15000
  • Stephen Curry, Warriors: +15000
  • Devin Booker, Suns: +18000
  • Karl-Anthony Towns, Knicks: +25000
  • Evan Mobley, Cavaliers: +25000
  • Pascal Siakam, Pacers: +25000
  • Jaren Jackson Jr., Grizzlies: +30000
  • Trae Young, Hawks: +30000
  • Kawhi Leonard, Clippers: +40000
  • James Harden, Clippers: +40000

🏆 NBA MVP betting history

Year Name Team Preseason odds
2024-25 Shai Gilgeous-Alexander Oklahoma City Thunder +600
2023-24 Nikola Jokic Denver Nuggets +450
2022-23 Joel Embiid Philadelphia 76ers +600
2021-22 Nikola Jokic Denver Nuggets +1600
2020-21 Nikola Jokic Denver Nuggets +2500
2019-20 Giannis Antetokounmpo Milwaukee Bucks +210
2018-19 Giannis Antetokounmpo Milwaukee Bucks +475
2017-18 James Harden Houston Rockets +1100

❓ NBA MVP FAQs

Who is the NBA MVP odds favorite?

Shai Gilgeous-Alexander is the NBA MVP odds favorite at -425 odds, which translate to an implied probability of 80.95%.

Who won the NBA MVP last year?

Shai Gilgeous-Alexander won MVP last year ahead of Denver Nuggets center Nikola Jokic.

When will the NBA MVP be decided?

The NBA MVP was announced in late May this past season, so expect it then for this upcoming season.

What is the NBA MVP trophy called?

The NBA MVP trophy was renamed the Michael Jordan Trophy. It's awarded annually to the NBA's Most Valuable Player.

See our breakdown of the 2025-26 NBA schedule and key dates.


📃 Affiliate disclosure

Sportsbook Review may receive a commission if you sign up through our links. Not intended for use in MA. Bonuses not applicable in Ontario. 21+ only. (Gambling problem? Call 1-800-GAMBLER)