Offensive Rookie of the Year Power Rankings: Odds Send Clear Caleb Williams Message

Caleb Williams' early Offensive Rookie of the Year odds are going to excite Bears fans.
Jun 5, 2024; Lake Forest, IL, USA; Chicago Bears quarterback Caleb Williams (18) warms up during the team's minicamp at Halas Hall. Mandatory Credit: Kamil Krzaczynski-USA TODAY Sports
Jun 5, 2024; Lake Forest, IL, USA; Chicago Bears quarterback Caleb Williams (18) warms up during the team's minicamp at Halas Hall. Mandatory Credit: Kamil Krzaczynski-USA TODAY Sports / Kamil Krzaczynski-USA TODAY Sports
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Caleb Williams may not be suiting up in the Hall of Fame Game on Thursday night, but the start of the preseason means all eyes are on the rookies as their first taste of real game action approaches.

The 2024 NFL Draft class boasts arguably the most exciting array of offensive talent we've ever seen. A record-setting first round means we can expect offensive rookies to come out of the gate fast, making a huge impact on the landscape of the NFL. That also means the Rookie of the Year race will be one for the ages.

That level of competition should leave Chicago Bears fans very excited when they take a look at the Offensive Rookie of the Year odds from DraftKings Sportsbook. Since both Williams and Odunze will be making their case for the award, we'll be tracking the rankings in the odds all season long. Here's where things stand before the preseason kicks off.

2024-25 NFL Offensive Rookie of the Year odds

Rank

Player

Team

Odds

Change

1

Caleb Williams

+135

CHI

N/A

2

Jayden Daniels

+550

WAS

N/A

3

Marvin Harrison Jr.

+650

ARI

N/A

4

Malik Nabers

+1400

NYG

N/A

5

Bo Nix

+1600

DEN

N/A

6

J.J. McCarthy

+2000

MIN

N/A

T7

Drake Maye

+2500

NE

N/A

T7

Xavier Worthy

+2500

KC

N/A

T7

Keon Coleman

+2500

BUF

N/A

10

Ladd McConkey

+3500

LAC

N/A

11

Brock Bowers

+4000

LV

N/A

12

Rome Odunze

+4500

CHI

N/A

T13

Adonai Mitchell

+5000

IND

N/A

T13

Jonathon Brooks

+5000

CAR

N/A

T13

Brian Thomas Jr.

+5000

JAX

N/A

T13

Trey Benson

+5000

ARI

N/A

17

Xavier Legette

+5500

CAR

N/A

T18

Ricky Pearsall

+6000

SF

N/A

T18

Michael Penix Jr.

+6000

ATL

N/A

T18

MarShawn Lloyd

+6000

GB

N/A

T18

Troy Franklin

+6000

DEN

N/A

T18

Blake Corum

+6000

LAC

N/A

T23

Ja'Lynn Polk

+7500

NE

N/A

T23

Jermaine Bruton

+7500

CIN

N/A

T23

Jaylen Wright

+7500

MIA

N/A

Tracking the Bears

Caleb Williams (No. 1, +135)

Probably more telling than Williams' ranking at the top of the list is the size of the gap between Williams and anyone else. At +135, Williams is implied to be about 42.5% to win Rookie of the Year. The second-placed Jayden Daniels is implied at just 15.4%.

The sheer amount of competition Williams faces means he's not quite the odds-on favorite (i.e. projected over 50%), but it means he's almost three times more likely than any other individual player. It's not hard to see why, either.

Usually, a top-drafted quarterback goes to a struggling team. Even if Jayden Daniels were as good as Williams (he's not), the offense he's surrounded with will make it a lot harder for him to succeed and put up the numbers needed to really contend for the award. Consider that the Bears are -115 favorites to make the playoffs, while the Commanders are +260 underdogs to make it.

Quarterbacks have won the award in seven of 14 seasons since 2010, and Williams is by far the most likely QB to earn the honors this year. Some of the other top picks at the position (Drake Maye, J.J. McCarthy) aren't even favorites to be their teams' starters in Week 1.

Rome Odunze (No. 12, +4500)

Rome Odunze is much more of a long shot than Williams, but the betting value on Odunze might actually be more interesting if you're willing to take a risk. Wide receiver is the only non-QB position to win the award in the last five years, and this year's running back class isn't really a threat to win the award.

Considering what I highlighted above with some of the top-drafted quarterbacks not even being favored to start in Week 1, the long-shot wideouts are a lot more interesting than guys like Maye (+2500) and McCarthy (+200).

Odunze may have too much competition for targets in Chicago, but that's why you're getting him at 45-to-1 while the other top-10 drafted wideouts are 6.5-to-1 (Harrison) and 14-to-1 (Nabers).

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Odds refresh periodically and are subject to change.