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NFL Defensive Player of the Year
The NFL Defensive Player of the Year award for the 2024-25 season will be announced during the NFL Honors ceremony, which is scheduled for Thursday, February 6, 2025. The event will start at 9 p.m. ET and will be held in New Orleans, Louisiana.
Event Details
Total Volume: $23.2K
24h Volume: $23
Total Liquidity: $75.9K
Markets: 14
Event Ends: 2/6/2025
Event Analysis
Summary
The 2024-25 NFL Defensive Player of the Year (DPOY) award represents a highly competitive race with several strong contenders. Based on the search results and current market probabilities, T.J. Watt has emerged as the frontrunner with 55% implied probability, while other established stars like Myles Garrett and rising talents like Will Anderson trail significantly behind.
The market appears to be factoring in both historical performance patterns and projected impacts for the upcoming season. Key considerations include player health, team success, statistical production (particularly sacks and tackles for loss), and narrative momentum throughout the season. The current odds suggest a relatively concentrated probability distribution, with Watt as the clear favorite but several viable challengers who could emerge based on early-season performance.
Analysis
NFL DPOY 2024-25 Season Analysis
Current Market State
- T.J. Watt leads with 55% implied probability
- Trey Hendrickson (7.3%) and Myles Garrett (6.8%) represent the next tier
- Remaining candidates all below 5% implied probability
- Market shows strong conviction against certain players (Micah Parsons at 0.9%)
Key Contender Analysis
T.J. Watt (55.0% Yes)
- Proven track record of elite production
- Consistent performer for playoff-caliber team
- Strong narrative as face of Steelers defense
- Risk: High expectations could be difficult to meet
Myles Garrett (6.8% Yes)
- Elite talent with dominant physical tools
- Previous strong consideration for award
- Browns defensive success could boost candidacy
- Risk: Team performance might limit visibility
Trey Hendrickson (7.3% Yes)
- Coming off strong season
- Potential value play at current odds
- Risk: Less established narrative compared to favorites
Will Anderson (4.2% Yes)
- Rising star after strong rookie season
- Texans' improvement could provide platform
- Risk: Sophomore slump possibility
Key Factors to Watch
Team Success Factors
- Playoff contention typically boosts candidacy
- Prime time exposure matters for narrative
- Defense ranking correlates with winner selection
Statistical Benchmarks
- Sack totals heavily influence voting
- Tackles for loss and QB pressures
- Game-changing plays in key moments
External Factors
- Media narrative development
- Injury risk to self/competitors
- Team defensive scheme changes
Recent Developments
- Free agency movement could affect defensive roles
- Coaching changes may impact defensive systems
- Draft impacts on supporting defensive talent
Prediction
Based on comprehensive analysis, I assess T.J. Watt as the most likely DPOY winner but believe current odds overstate his probability. Myles Garrett and Trey Hendrickson appear undervalued at current levels. I recommend:
- SHORT T.J. Watt at 55% (fair value ~40%)
- LONG Myles Garrett at 6.8% (fair value ~15%)
- LONG Trey Hendrickson at 7.3% (fair value ~12%)
Will TJ Watt win NFL DPOY?
Yes:40.0%
No:60.0%
Will Myles Garrett win NFL DPOY?
Yes:15.0%
No:85.0%
Will Trey Hendrickson win NFL DPOY?
Yes:12.0%
No:88.0%
Confidence: 7/10
Reasoning Score: 8/10
Sources
- https://www.cbssports.com/nfl/news/nfl-free-agency-2024-ranking-top-25-defensive-players-including-jaguars-josh-allen-other-star-pass-rushers/
- https://www.ftnbets.com/articles/FTN/42753/2024-nfl-defensive-player-of-the-year-odds-and-best-bets
- https://www.nfl.com/news/2023-nfl-midseason-predictions-mvp-dpoy-awards-nfl-honors