The prediction market makes Victor Wembanyama the 27% favorite for 2026-27 NBA MVP. Below is the full market, de-vigged to true probabilities, with a Squawka Signal twist: every contender is tagged with where their team sits in our power rankings, because the MVP almost always goes to a star carrying a winning team.
NBA MVP RaceNBA MVP Odds
1
Victor WembanyamaSpurs · Signal #127%▾
The market makes Victor Wembanyama a 27% shot for MVP. Voters reward winning — his Spurs sit #1 in our power rankings.
Back Victor Wembanyama on Kalshi27%2
Luka DoncicLakers · Signal #724%▾
The market makes Luka Doncic a 24% shot for MVP. Voters reward winning — his Lakers sit #7 in our power rankings.
Back Luka Doncic on Kalshi24%3
Shai Gilgeous-AlexanderThunder · Signal #57%▾
The market makes Shai Gilgeous-Alexander a 7% shot for MVP. Voters reward winning — his Thunder sit #5 in our power rankings.
Back Shai Gilgeous-Alexander on Kalshi7%4
Jayson TatumCeltics · Signal #34%▾
The market makes Jayson Tatum a 4% shot for MVP. Voters reward winning — his Celtics sit #3 in our power rankings.
Back Jayson Tatum on Kalshi4%5
Nikola JokićNuggets · Signal #93%▾
The market makes Nikola Jokić a 3% shot for MVP. Voters reward winning — his Nuggets sit #9 in our power rankings.
Back Nikola Jokić on Kalshi3%6
Tyrese Maxey76ers · Signal #121%▾
The market makes Tyrese Maxey a 1% shot for MVP. Voters reward winning — his 76ers sit #12 in our power rankings.
Back Tyrese Maxey on Kalshi1%7
Jalen BrunsonKnicks · Signal #21%▾
The market makes Jalen Brunson a 1% shot for MVP. Voters reward winning — his Knicks sit #2 in our power rankings.
Back Jalen Brunson on Kalshi1%8
Giannis AntetokounmpoHeat · Signal #181%▾
The market makes Giannis Antetokounmpo a 1% shot for MVP. Voters reward winning — his Heat sit #18 in our power rankings.
Back Giannis Antetokounmpo on Kalshi1%9Jaylen Brown76ers · Signal #121%▾
The market makes Jaylen Brown a 1% shot for MVP. Voters reward winning — his 76ers sit #12 in our power rankings.
Back Jaylen Brown on Kalshi1%10
Jalen JohnsonHawks · Signal #131%▾
The market makes Jalen Johnson a 1% shot for MVP. Voters reward winning — his Hawks sit #13 in our power rankings.
Back Jalen Johnson on Kalshi1%11
Jaren Jackson Jr.Jazz · Signal #301%▾
The market makes Jaren Jackson Jr. a 1% shot for MVP. Voters reward winning — his Jazz sit #30 in our power rankings.
Back Jaren Jackson Jr. on Kalshi1%12VJ Edgecombe76ers · Signal #121%▾
The market makes VJ Edgecombe a 1% shot for MVP. Voters reward winning — his 76ers sit #12 in our power rankings.
Back VJ Edgecombe on Kalshi1%Odds are a de-vigged read of the live prediction market (Kalshi), not a Squawka projection — the MVP is a player award our team model doesn’t price; the Signal rank is each player’s team in our NBA Power Rankings. How the model works. 21+. Gambling Problem? Call 1-800-GAMBLER.