NBA MVP Odds 2026-27
Kalshi's market-implied odds for the 2026-27 NBA Most Valuable Player award. Victor Wembanyama leads at 37%, from a field of 54 priced contenders.
2026-27 NBA MVP odds, best price first
| Contender | Odds | 7d | Trade |
|---|---|---|---|
Victor Wembanyama | 37% | +8pp | Yes 37¢ |
Luka Doncic | 36% | +7pp | Yes 36¢ |
Shai Gilgeous-Alexander | 11% | −5pp | Yes 11¢ |
Jayson Tatum | 5% | −5pp | Yes 5¢ |
Nikola Jokić | 5% | −1pp | Yes 5¢ |
Stephen Curry | 3% | +2pp | Yes 3¢ |
Cooper Flagg | 2% | −1pp | Yes 3¢ |
Cade Cunningham | 2% | −1pp | Yes 2¢ |
Giannis Antetokounmpo | 2% | −2pp | Yes 2¢ |
Tyrese Maxey | 2% | −3pp | Yes 2¢ |
Alperen Sengun | <1% | −1pp | Yes 1¢ |
Amen Thompson | <1% | −1pp | Yes 1¢ |
Anthony Davis | <1% | −1pp | Yes 1¢ |
Anthony Edwards | <1% | −1pp | Yes 1¢ |
Austin Reaves | <1% | −1pp | Yes 1¢ |
Chet Holmgren | <1% | −1pp | Yes 1¢ |
Deni Avdija | <1% | −1pp | Yes 1¢ |
Derrick White | <1% | −1pp | Yes 1¢ |
Devin Booker | <1% | −1pp | Yes 1¢ |
Donovan Mitchell | <1% | −1pp | Yes 1¢ |
What the favourites did in 2025-26
2025-26 scoring vs. this season's MVP price
- Shai Gilgeous-Alexander31.1 ppg68 GP · OKC 64-18Yes 11¢
- Nikola Jokić27.7 ppg65 GP · DEN 54-28Yes 5¢
- Cooper Flagg21.0 ppg70 GP · DAL 26-56Yes 3¢
- Tyrese Maxey28.3 ppg70 GP · PHI 45-37Yes 2¢
- Alperen Sengun20.4 ppg72 GP · HOU 52-30Yes 1¢
- Victor Wembanyama25.0 ppg64 GP · SAS 62-20Yes 37¢
- Luka Doncic33.5 ppg64 GP · LAL 53-29Yes 36¢
- Jayson Tatum21.8 ppg16 GP · BOS 56-26Yes 5¢
- Stephen Curry26.6 ppg43 GP · GSW 37-45Yes 3¢
- Cade Cunningham23.9 ppg64 GP · DET 60-22Yes 2¢
How these odds work
Every figure here is a live Kalshi market price. A contract on the 2026-27 NBA Most Valuable Player pays out at 100¢ if that contender wins the award and nothing if they do not, so its price in cents reads directly as the market's implied chance in percent.
The award is open to any player in the league, and the board does not normalise anything: each of the 54 contracts is priced independently, and the figures are not all the same kind of observation — a tight book shows its midpoint, a wide one the last trade. So the column can sum a little either side of 100%. The gap is what independent pricing leaves behind, not a fee and not the cost of buying the field.
54 contenders carry a price and the board shows the top 20. The 34 left off are longshots trading near a cent; every one of them is on the market page linked above.
The résumé section joins each contract to the player it resolves for, then to his line from the league's own 2025-26 statistics — summed over every club he played for, so a player traded since keeps his season. The record beside him is his current club's. The 65-game line counts appearances. The award rules generally count only games of 20 minutes or more — two of 15 to 20 may count, and a season-ending injury can qualify a player short of the mark — which season statistics cannot show, so a ring marks 65 appearances, not a qualified season, and it says nothing about who will qualify this season.