NFL Comeback Player of the Year Odds 2026: Mahomes Favored Before Week 1

Trevor Knapp - Betting Analyst at Covers.com
Trevor Knapp • Betting Analyst 7+ years betting experience
Updated: Sep 8, 2026 , 02:02 PM ET • 4 min read

Patrick Mahomes is favored in the latest Comeback Player of the Year odds, far ahead of Kyler Murray and Aaron Donald.

Los Angeles Rams NFL Aaron Donald
Photo By - Reuters Connect. Patrick Mahomes (15) quiets the crowd during the second half against the Seattle Seahawks at Arrowhead Stadium.

Kansas City Chiefs quarterback Patrick Mahomes is the NFL Comeback Player of the Year odds favorite as he returns from a devastating ACL tear suffered at the end of the 2025-26 campaign.

However, an intriguing new candidate is climbing up the board: Aaron Donald, who came out of retirement to join the Los Angeles Rams on a one-year contract worth up to $30 million.

Let's look at the latest NFL odds as we enter Week 1.

  • Key Takeaways:
  • Can Mahomes recapture his elite form?
  • Murray gets a fresh start
  • Donald seeks Hollywood sequel

NFL Comeback Player of the Year odds

 

Player Name Kalshi
Probability
Chiefs Patrick Mahomes 38%
Vikings Kyler Murray 15%
Rams Aaron Donald 9%
Colts Daniel Jones 7%
Giants Malik Nabers 6%
Bengals Joe Burrow 5%
Packers Michael Penix Jr. 4%
Packers Micah Parsons 3%
Jaguars Travis Hunter 3%
Packers Tucker Kraft 3%

Odds as of 9-8. Percentages courtesy of Kalshi.
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NFL Comeback Player of the Year favorites

Patrick Mahomes is returning from a torn ACL and LCL after his first losing season as an NFL starter. The two-time MVP will be ready for Week 1 in Denver, and a reunion with former OC Eric Bieniemy, along with the addition of Kenneth Walker III to the backfield, should help take some of the load off the quarterback.

While this is quite reminiscent of Tom Brady's return from an ACL & MCL tear in 2009, I’m passing on Mahomes at his current 36% implied probability. The Kansas City Chiefs haven’t had a 1,000-yard rusher since Kareem Hunt in 2017, and adding Walker could help establish a more balanced rushing attack in 2026. 

The most intriguing challenger is Kyler Murray, who gets a fresh start with the Minnesota Vikings after playing just five games in 2025. He’ll be playing under QB whisperer Kevin O’Connell, who helped completely transform Sam Darnold during his time with the Vikings.

If O’Connell can help Murray rediscover that level of play, the former No. 1 overall pick should emerge as Mahomes’ biggest challenger.

Jon Metler's NFL Futures Fund offers another pick in the Comeback Player of the Year market.

Players to watch

Aaron Donald, Rams Los Angeles Rams

Three-time Defensive Player of the Year Aaron Donald has officially come out of retirement to rejoin the Los Angeles Rams, the current Super Bowl odds favorites. He's currently given an 8% probability at Kalshi to win the award, but should he even be eligible?

The CPOY guidelines were recently codified following Joe Flacco's "Comeback from Sucking" in 2023-24.

"The spirit of the AP Comeback Player of the Year Award is to honor a player who has demonstrated resilience in the face of adversity by overcoming illness, physical injury or other circumstances that led him to miss playing time the previous season."

A voluntary retirement by Donald certainly wouldn't fit those criteria, but it might not stop voters from casting their ballots for No. 99 anyway. Our Brad Senkiw looked at how sportsbooks are handling the confusion surrounding Donald's Comeback Player of the Year eligibility.

NFL Comeback Player of the Year futures predictions

Pick Odds Pick date Units
Vikings Kyler Murray 15% Aug. 1 2.5
Falcons Tua Tagovailoa 1% Aug. 1 0.25

Popular NFL futures markets


NFL Comeback Player of the Year betting trends

• Over the last eight years, the NFL Comeback Player of the Year Award has gone to a quarterback seven times.

• From 2014 to 2018, every Comeback Player of the Year had suffered a season-ending injury during the previous year, and Alex Smith won in 2020 after recovering from a devastating leg injury that almost required amputation. 

• Joe Burrow joins Chad Pennington (2006 and 2008) as the only player to win this award twice.

Previous NFL Comeback Player of the Year award winners

Here's a look at the recent award history (preseason favorite and winner odds courtesy of Sports Odds History):

Year NFL CPOY winner Team
2026 Christian McCaffrey 49ers San Francisco 49ers
2025 Joe Burrow Bengals Cincinnati Bengals
2024 Joe Flacco Browns Cleveland Browns
2023 Geno Smith Seahawks Seattle Seahawks
2022 Joe Burrow Bengals Cincinnati Bengals
2021 Alex Smith Commanders Washington Commanders
2020 Ryan Tannehill Titans Tennessee Titans
2019 Andrew Luck Colts Indianapolis Colts
2018 Keenan Allen Chargers Los Angeles Chargers
2017 Jordy Nelson Packers Green Bay Packers

Comeback Player of the Year Odds FAQs

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Trevor Knapp - Covers
Betting Analyst

Trevor joined the Covers content team as a publishing editor in early 2022. Growing up in Vancouver, he studied Broadcast and Online Journalism at the British Columbia Institute of Technology (BCIT), and interned with TSN and Sportsnet Radio while also writing for the Daily Hive.

An avid bettor of the MLB, NFL, and CFL, Trevor advises his fellow sports bettors to leave their hearts at the door and not hesitate to fade their favorite team. It's a strategy he follows regularly as an apathetic Indianapolis Colts and Toronto Blue Jays fan.

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