Will Brock Purdy win the 2026 NFL MVP?

This market shows extreme illiquidity with only $19.73 open interest and zero 24-hour volume, making the 42¢ price potentially unreliable despite the seemingly reasonable 42% implied probability for Purdy. The 84¢ spread and 167% implied yield on the yes side suggest significant uncertainty and potential mispricing, though the astronomical 544% realized volatility indicates this is a highly unstable market prone to sharp moves. With over 300 days until expiration and minimal trading activity, this contract appears abandoned by traders, raising questions about whether the current price reflects genuine market consensus or simply reflects the last trade executed.

Resolution rules

This market will resolve to the player who wins the 2026 NFL Most Valuable Player award for the 2026-27 NFL season. In the event of a tie, this market will resolve according to the official winner as determined by NFL rules. If multiple winners are announced then this market will resolve to the player whose listed last name comes first alphabetically. If the 2026-27 NFL season is cancelled, postponed after February 28, 2027, 11:59 PM ET, or there is otherwise no winner declared within that timeframe, this market will resolve to “Other”. The resolution source for this market will be official information from the NFL; however, a consensus of credible reporting may also be used.

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