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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

Market Options

Will Will Anderson win NFL Defensive Player of the Year?

Yes
4.7%
No
95.3%
Liquidity: $75.9K
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Will Danielle Hunter win NFL Defensive Player of the Year?

Yes
2.9%
No
97.1%
Liquidity: $75.9K
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Will Myles Garrett win NFL Defensive Player of the Year?

Yes
7.2%
No
92.8%
Liquidity: $75.9K
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Will Chris Jones win NFL Defensive Player of the Year?

Yes
5.5%
No
94.5%
Liquidity: $75.9K
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Will Maxx Crosby win NFL Defensive Player of the Year?

Yes
1.8%
No
98.2%
Liquidity: $75.9K
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Will Fred Warner win NFL Defensive Player of the Year?

Yes
1.4%
No
98.6%
Liquidity: $75.9K
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Will Xavier McKinney win NFL Defensive Player of the Year?

Yes
2.3%
No
97.7%
Liquidity: $75.9K
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Will TJ Watt win NFL Defensive Player of the Year?

Yes
56.5%
No
43.5%
Liquidity: $75.9K
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Will Micah Parsons win NFL Defensive Player of the Year?

Yes
0.7%
No
99.4%
Liquidity: $75.9K
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Will Trey Hendrickson win NFL Defensive Player of the Year?

Yes
8.3%
No
91.8%
Liquidity: $75.9K
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Will Dexter Lawrence win NFL Defensive Player of the Year?

Yes
1.6%
No
98.5%
Liquidity: $75.9K
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Will Nick Bosa win NFL Defensive Player of the Year?

Yes
0.9%
No
99.1%
Liquidity: $75.9K
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Will another player win NFL Defensive Player of the Year?

Yes
5.0%
No
95.0%
Liquidity: $75.9K
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Will Patrick Surtain II win NFL Defensive Player of the Year?

Yes
2.5%
No
97.5%
Liquidity: $75.9K
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