Jalen Hurts MVP odds are enticing after contract extension

Big news in the NFL broke on Monday morning as it was announced that Jalen Hurts signed a five-year, $255 million extension with the Philadelphia Eagles.
Eagles and Jalen Hurts reached agreement on a five-year, $255 million extension, including $179.304 million guaranteed, per source.
— Adam Schefter (@AdamSchefter) April 17, 2023
Hurts becomes the highest-paid player in NFL history in a deal negotiated by Nicole Lynn of Klutch Sports Group and Eagles’ GM Howie Roseman. pic.twitter.com/DXG0ZWzsGJ
The deal made Jalen Hurts the highest-paid player in NFL history, fresh off an NFC Championship.
As a result, he’s receiving a ton of bets to be named NFL MVP in 2023. He was a top candidate to win it last season, but lost out to Patrick Mahomes of the Kansas City Chiefs.
Let’s take a look at the latest odds to win the award next season.
NFL MVP odds
Hurts is fifth on the latest odds list to win 2023 NFL MVP.
He’s behind only Joe Burrow, Patrick Mahomes, Josh Allen, and Justin Herbert.
At +1000, he’s the most popular bet to win the award at BetMGM Sportsbook, receiving 11.7% of MVP bets.
Jalen Hurts got paid. 🤑
— John Ewing (@johnewing) April 17, 2023
11.7% of bets (most) are on Hurts +1000 to win NFL MVP. pic.twitter.com/WB5bVwbu4e
If you bet $100 on him to win the award at +1000, you’d win a profit of $1,000 if he’s named NFL MVP next season. +1000 translated to implied probability means he has a 9.09% chance of winning the award.
If you want to bet on Hurts to win MVP, do it now before the odds shorten even more.
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Game odds refresh periodically and are subject to change.