Wednesday, February 28, 2024

Aaron Rodgers to the Jets? Impact on NFL futures markets

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The smoke has certainly led to fire in respect to rumors of Aaron Rodgers to the Jets. Rodgers joined the Pat McAfee Show on Wednesday and said that he intends to play football for the New York Jets next season, with compensation between them and the Packers the last hurdle before a trade is completed.

The betting markets have been reacting to these rumors for a few weeks now, but with Rodgers finally confirming as much, the Jets saw a slight jump up in their odds to win the Super Bowl, going from +1600 on Tuesday to +1400 Wednesday afternoon.

Green Bay, meanwhile, is currently +3500 to win the Super Bowl, the lowest they’ve been in years at this time in the offseason. The Packers have also fallen to +400 to win the NFC North, last in the division. Detroit is the favorite at +160, followed by Minnesota (+275) and Chicago (+330).

The AFC East still has the Bills and Dolphins, but the Jets have solidified themselves as the second-best odds to win the division, which would be their first division title since 2002. 

New York is +200 to win the AFC East, while Buffalo is +135. Miami (+360) and New England (+800) round out the group.

We had a comparable moment between these two franchises back in 2008 when Brett Favre joined the Jets at the age of 39, with Rodgers taking over for the Packers. Favre and the Jets went 9-7 and missed the playoffs and Rodgers and the Packers went 6-10.

By all accounts, Green Bay will turn to Jordan Love, their 2020 first-round pick, with the hopes that they pull of a seamless transition for the third time in a row. Love is currently +3500 to bring home MVP honors in 2023, with Rodgers at +1600. 

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