Shai Gilgeous-Alexander, Oklahoma City Thunder

2026 NBA Finals MVP Odds: Gilgeous-Alexander Favorite To Go Back To Back

With the reigning NBA champion Oklahoma City Thunder currently possessing the shortest odds to repeat in 2025-26, Shai Gilgeous-Alexander finds himself with a sizeable lead to capture back-to-back Finals Most Valuable Player wins and become the first player to do so since 2018.

Here's an updated look at the betting leaderboard courtesy of FanDuel Sportsbook for all contenders vying for the Bill Russell Trophy.

Ohio

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2026 NBA Finals Most Valuable Player Odds

PlayerTeamOdds
Shai Gilgeous-AlexanderOklahoma City Thunder+220
Nikola JokicDenver Nuggets+800
Donovan MitchellCleveland Cavaliers+1000
Jalen BrunsonNew York Knicks+1400
Luka DoncicLos Angeles Lakers+1600
Anthony EdwardsMinnesota Timberwolves+1900
Kawhi LeonardLos Angeles Clippers+2200
Kevin DurantHouston Rockets+2500
Paolo BancheroOrlando Magic+3000
Evan MobleyCleveland Cavaliers+3000
Stephen CurryGolden State Warriors+3000
Trae YoungAtlanta Hawks+3300
Jaylen BrownBoston Celtics+3500
Cade CunninghamDetroit Pistons+3500
Joel EmbiidPhiladelphia 76ers+4000
James HardenLos Angeles Clippers+5000
Karl-Anthony TownsNew York Knicks+5000
Darius GarlandCleveland Cavaliers+5500
Giannis AntetokounmpoMilwaukee Bucks+5500
Alperen SengunHouston Rockets+6000
Franz WagnerOrlando Magic+6000
Jalen WilliamsOklahoma City Thunder+7000
Victor WembanyamaSan Antonio Spurs+7000
LeBron JamesLos Angeles Lakers+7500
Amen ThompsonHouston Rockets+8000
Julius RandleMinnesota Timberwolves+8000
Anthony DavisDallas Mavericks+8000
Kyrie IrvingDallas Mavericks+10000
Desmond BaneOrlando Magic+10000
Jimmy ButlerGolden State Warriors+10000
Ja MorantMemphis Grizzlies+12500
Jalen JohnsonAtlanta Hawks+12500
Chet HolmgrenOklahoma City Thunder+12500
Pascal SiakamIndiana Pacers+12500

Odds as of October 13, 2025 at FanDuel Sportsbook

2026 NBA Finals Most Valuable Player Betting favorite: shai gilgeous-alexander, oklahoma city thunder

The Thunder have positioned themselves to be legitimate title favorites for the foreseeable future by locking in not just Gilgeous-Alexander, but his teammates Jalen Williams and Chet Holmgren to rich and lengthy extensions. Working against them, however, is how deep the pool of teams who believe they can hoist the Larry O'Brien trophy has become, with a unique champion having been crowned a record seven-straight times dating back to the 2019 Toronto Raptors. 

Following a year in which he was not just the Finals MVP, but a league MVP, scoring champion, All-Star, and All-NBA First Team member, Gilgeous-Alexander's stock has never been higher and his claim to being the best in the world has never stronger. He received all 11 media votes for Finals MVP after averaging 30.3 points, 4.6 rebounds, 5.6 assists, 1.9 steals, and 1.6 blocks in the series victory over the Indiana Pacers, leaving no doubt as to who the most deserving recipient should be. 

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GAMBLING PROBLEM? CALL 1-800-GAMBLER, (800) 327-5050 or visit gamblinghelplinema.org (MA). Call 877-8-HOPENY/text HOPENY (467369) (NY).

Please Gamble Responsibly. 888-789-7777/visit ccpg.org (CT), or visit www.mdgamblinghelp.org (MD).

21+ and present in most states. (18+ DC/KY/NH/WY). Void in ONT/OR/NH. Eligibility restrictions apply. On behalf of Boot Hill Casino & Resort (KS). Fees may apply in IL. 1 per new customer. Must register new account to receive reward Token. Must select Token BEFORE placing min. $5 bet to receive $200 in Bonus Bets if your bet wins. Min. -500 odds req. Token and Bonus Bets are single-use and non-withdrawable. Token expires 10/19/25. Bonus Bets expire in 7 days (168 hours). Stake removed from payout. Terms: sportsbook.draftkings.com/promos. Ends 10/12/25 at 11:59 PM ET. Sponsored by DK.

Past 10 NBA Finals Most Valuable Player Winners

YearWinnerTeamOdds (start of series)
2025Shai Gilgeous-AlexanderOklahoma City Thunder-625
2024Jaylen BrownBoston Celtics+700
2023Nikola JokicDenver Nuggets-350
2022Stephen CurryGolden State Warriors-110
2021Giannis AntetokounmpoMilwaukee Bucks+275
2020LeBron JamesLos Angeles Lakers-160
2019Kawhi LeonardToronto Raptors+245
2018Kevin DurantGolden State Warriors-135
2017Kevin DurantGolden State Warriors+190
2016LeBron JamesCleveland Cavaliers+225

Who Has Won The Most NBA Finals Most Valuable Player Awards?

NBA Finals MVP WinsPlayerTeamYears
6Michael JordanChicago Bulls1991, 1992, 1993, 1996, 1997, 1998
4LeBron JamesMiami Heat (2), Cleveland Cavaliers, Los Angeles Lakers2012, 2013, 2016, 2020
3Tim DuncanSan Antonio Spurs1999, 2003, 2005
3Magic JohnsonLos Angeles Lakers1980, 1982, 1987
3Shaquille O'NealLos Angeles Lakers2000, 2001, 2002
2Kareem Abdul-JabbarMilwaukee Bucks, Los Angeles Lakers1971, 1985
2Larry BirdBoston Celtics1984, 1986
2Kobe BryantLos Angeles Lakers2009, 2010
2Kevin DurantGolden State Warriors2017, 2018
2Kawhi LeonardSan Antonio Spurs, Toronto Raptors2014, 2019
2Hakeem OlajuwonHouston Rockets1994, 1995
2Willis ReedNew York Knicks1970, 1973

NBA Finals Most Valuable Player Winners By Position

PositionWinners
Small Forward15
Center14
Shooting Guard11
Point Guard10
Power Forward7

How To Read NBA Finals Most Valuable Player Odds

When you visit your NBA betting site of choice, you’ll notice 2026 NBA Finals Most Valuable Player odds laid out like this:

  • Shai Gilgeous-Alexander +290
  • Nikola Jokic +750

Unlike a moneyline bet where favorites are shown by the minus sign (-) and underdogs have a plus sign (+), the player with the lowest odds with the plus sign (+) is the favorite. In this scenario, Shai Gilgeous-Alexander is favored is favored. If you were to bet $100 on Tatum in the NBA Finals Most Valuable Player betting odds and it hits, you would win $390 – your $100 is returned and you would get $290 in profit.

If you were to bet on which player will be named NBA Finals Most Valuable Player, you would make a futures bet.

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What Is A Futures Bet?

This is a bet made on events that will happen in time. In this case, it’s NBA Finals Finals Most Valuable Player. To make a futures bet, you would first use the handicapping info on this page to make your decision. Our Odds Calculator can give you an idea of how much you’d win based on the NBA Finals Most Valuable Player odds and the amount of money you bet.

2026 NBA Awards Betting Odds

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