Oklahoma City won last season’s NBA title, and its star — Shai Gilgeous-Alexander — player also won regular-season MVP.

Who will win the league’s most coveted individual honor this year? Let’s take a look at the odds at DraftKings Sportsbook as of Oct. 22, as well as what to know about the top candidates.

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Regular Season MVP 2025-26 

Shai Gilgeous-Alexander, Thunder: +200

What to know: The reigning MVP opened at +250, but is now the favorite with the season underway. He received 71 first-place votes after a regular season in which his 32.7 points per game led the league in scoring. He became the third player in the franchise’s history to win MVP. Kevin Durant (2013-14) and Russell Westbrook (2016-17) are the other two Thunder players to take home this hardware. SGA also won Finals MVP at the conclusion of last season. 

Nikola Jokić, Nuggets: +240 

What to know: Jokić opened the offseason as the favorite at +200, but has shifted to second. The three-time MVP finished last regular season averaging 29.6 points (third in the NBA), 12.7 rebounds (third) and 10.2 assists (second). He finished second in MVP voting behind Gilgeous-Alexander.

Luka Dončić, Lakers: +320 

What to know: The Lakers began the season without LeBron James (back), losing their season-opener to the Warriors. However, a fit-looking Dončić had 43 points, 12 rebounds and nine assists in the defeat.

Giannis Antetokounmpo, Bucks: +1200

What to know: Milwaukee’s Antetokounmpo opened the offseason at +700. He didn’t receive any first- or second-place votes in last season’s voting but did rack up 88 third-place votes. His 30.4 ppg ranked second in the NBA in scoring last year.

Victor Wembanyama, Spurs: +1200

What to know: Is this the year that Wemby takes over? He missed 36 games last year due to injury, but in the 46 games he did play, he averaged 24.3 points, 11 rebounds and a league-leading 3.8 blocks. It was his second consecutive season leading the league in total blocks and blocks per game. 

Anthony Edwards, Timberwolves: +2000 

What to know: Edwards has emerged as one of the faces of the league over the past two seasons. Last year, he averaged a career-high 27.6 points for the Wolves, and over the last three seasons, he’s missed a total of just nine games.

Cade Cunningham, Pistons: +3000 

What to know: A first-time All-Star last season, Cunningham led the Pistons to the playoffs for the first time since the 2018-19 season. He averaged 26.1 points, 9.1 assists and 6.1 rebounds.

Kevin Durant, Rockets: +4500 

What to know: Durant joins the fifth team of his NBA career, hoping to get a talented young Rockets squad over the hump. He put up 23 points and nine rebounds in Houston’s season-opening, double-overtime loss on the road against OKC.

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