2026 MLB Awards Odds: MVP & Cy Young Contenders | Pinnacle Sportsbook

by Liam O'Connor Sports Editor

As the 2026 Major League Baseball season approaches, anticipation is building not only for the games themselves but also for the individual performances that will define the year. Sportsbooks are already offering odds on who will take home the most prestigious individual awards, and early indicators suggest familiar faces are expected to contend for top honors. According to Pinnacle, Aaron Judge of the New York Yankees and Shohei Ohtani of the Los Angeles Dodgers are once again leading the pack, but a new wave of talent is emerging that could shake up the established order. The question for fans and bettors alike is: who offers the best value?

The individual award races are always compelling narratives within the broader MLB season, offering a glimpse into the league’s most exceptional players. These awards aren’t just about statistics; they reflect a player’s overall impact on their team and the game itself. Understanding the contenders and the factors that could influence their success is key to following the season’s unfolding drama. The upcoming season promises to be a fascinating one, with established stars looking to maintain their dominance and rising players eager to make their mark.

American League MVP: Judge Still the King?

Aaron Judge remains the clear favorite in the American League MVP race, currently holding odds of 3.25 according to Pinnacle. His recent performance has been nothing short of remarkable, having hit 111 home runs over the past two seasons. If Judge can once again surpass the 50-home run mark in 2026, his chances of securing a third consecutive MVP award will be significantly bolstered. His power hitting is a cornerstone of the Yankees’ lineup, and his ability to consistently deliver in clutch situations makes him a perennial threat.

Aaron Judge (Julio Aguilar/Getty Images)

However, Judge isn’t without competition. Bobby Witt Jr. Of the Kansas City Royals is considered a strong contender, having finished fourth and second in MVP voting the last two years. Also in the mix is Seattle Mariners catcher Cal Raleigh, who hit an impressive 60 home runs last season and finished second in voting. These players represent a rising challenge to Judge’s dominance, and their continued success could make the MVP race a tight contest.

National League MVP: Ohtani Remains the Frontrunner

In the National League, Shohei Ohtani is the overwhelming favorite. His unique ability to excel as both a hitter and a pitcher makes him a standout talent. The odds reflect this confidence, positioning him well ahead of his rivals. Ohtani’s combination of power at the plate and skill on the mound is a rare and valuable asset, making him a constant threat to opposing teams.

While Ohtani is the clear frontrunner, other players are poised to challenge for the award. Juan Soto of the New York Mets, a three-time top-three MVP finisher in the last two years, and Ronald Acuña Jr. Of the Atlanta Braves, the 2023 MVP despite facing injury concerns, are both considered strong contenders. However, analysts suggest that for either player to surpass Ohtani, an unforeseen circumstance would need to impact Ohtani’s performance.

Pitching Prowess: Cy Young Award Contenders

The Cy Young Award races are also shaping up to be competitive. In the American League, Tarik Skubal of the Detroit Tigers is a leading contender, having won the award the past two years while leading the league in both ERA and FIP. He faces a challenge from Garrett Crochet of the Boston Red Sox, who finished second last season and led the league in innings pitched and strikeouts.

Tarik Skubal (Mark Taylor/Getty Images)
Tarik Skubal (Mark Taylor/Getty Images)

The National League Cy Young race features Paul Skenes of the Pittsburgh Pirates and Yoshinobu Yamamoto of the Los Angeles Dodgers as the frontrunners. Skenes, a rising star, won the award last season, while Yamamoto was named MVP of the 2025 World Series. Also in contention are Christopher Sanchez of the Philadelphia Phillies, known for his consistency, and Hunter Greene of the Cincinnati Reds, who demonstrates impressive speed and control.

As the season unfolds, these players will be under intense scrutiny, and their performances will be closely watched by fans and analysts alike. The individual award races are sure to provide plenty of excitement and drama throughout the year. The next major checkpoint will be the All-Star break in July, when we’ll have a clearer picture of who is truly in contention for these prestigious honors.

What are your thoughts on these early favorites? Share your predictions and insights in the comments below, and be sure to share this article with fellow baseball fans.

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