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Where Every NFL Team Stands After Free Agency: Super Bowl 60 Odds Update

The NFL is essentially past free agency with most of the key signings in the books, and we’re going to start turning our attention to the 2025 NFL draft, which is less than one month away now. But before we get into draft prospects, let’s look at the updated Super Bowl 60 odds

We had the Super Bowl 60 odds from February just days after Philadelphia’s rout of Kansas City was final. Not a whole lot has changed according to the latest odds at FanDuel, but let’s run through each team to get a feel for where they stand before the draft and after free agency.

Philadelphia Eagles (+600, No Change)

The Eagles remain the odds-on favorite to repeat as Super Bowl champions. They’ve retained their offensive core and found a way to give Saquon Barkley a raise. Their biggest question on that side of the ball is whether they will adjust to another new coordinator in Kevin Patullo after Kellen Moore takes the New Orleans job.

But Vic Fangio will call the defense again, and it’s a very talented bunch with a lot of youth thanks to recent successful drafts. However, some veteran leadership is out the door, as Darius Slay found a new team, and Brandon Graham retired after 15 years. The Eagles also couldn’t keep Milton Williams and Josh Sweat on that defensive line, but they still have Jalen Carter to lead the pass rush.

It’s hard to say the Eagles have gotten stronger as a team pre-draft, but it’s also hard to say they have any glaring weaknesses that they must patch up in this draft.

Baltimore Ravens (+700, Down from +650)

The Ravens have leapfrogged the Chiefs to be the favorite from the AFC to win Super Bowl 60. We’ll see if their marginal improvements in postseason play can take a larger leap in 2025 if they’re ever going to get over the hump in the Lamar Jackson era.

Baltimore did more retaining of its own players than adding anyone new, and it’s hard to see DeAndre Hopkins having a big impact on the receivers at this stage of his career. They also added corner Chidobe Awuzie, who will have a shot to start on defense.

But we’ll see if the Ravens actually stick with both tight ends after Mark Andrews’ rough showing in the playoff loss in Buffalo, and let’s not forget they may need to make a decision on kicker Justin Tucker after some troubling off-field allegations have surfaced this offseason.

Buffalo Bills (+750, No Change)

The Bills were basically denied their shot at making a power move to acquire an elite edge rusher like Maxx Crosby (Raiders) or Myles Garrett (Browns) after those teams paid their star the big bucks. They did what they could in signing Joey Bosa from the Chargers, but he’s going to have to stay healthy all year, something the Bills have really struggled with on defense come playoff time.

On offense, the Bills added Joshua Palmer from the Chargers, so that could be another reliable weapon to go along with young pieces like Keon Coleman and tight end Dalton Kincaid, who both need to step up in 2025 as it’s unlikely the Bills will avoid the turnover regression after a record-setting 2024.

The Bills should still be looking into wide receivers, corners, and edge rushers in this draft.

Kansas City Chiefs (+800, Down from +650)

Maybe it’s just fatigue with the Chiefs, but they have already fallen from the No. 1 AFC team to No. 3 in terms of the best odds to win Super Bowl 60. Still, this team has been to five of the last six Super Bowls and hasn’t lost the division since 2015. They are a threat as long as Patrick Mahomes is there.

The Chiefs chose to spend on a left tackle in free agency in San Francisco’s Jaylon Moore, who will be expected to fill that revolving door for the team after they started four left tackles last year. Their Super Bowl tackle, guard Joe Thuney, was already traded this offseason, so it’ll be a new look up front for the Chiefs.

We also have to see what happens to their wide receivers as Xavier Worthy and Rashee Rice could both face suspensions for off-field conduct. Those players are going to be extra important to this offense’s production as you just can’t rely on a 36-year-old Travis Kelce to still lead the team in receiving in what is expected to be his final season before retirement.

Defensively, the Chiefs are relying on a lot of familiar faces, but they did lose safety Justin Reid to the Saints.

Detroit Lions (+1000, No Change)

No change in the Super Bowl odds for the Lions, who probably have more questions to answer about replacing both coordinators under Dan Campbell than the on-field changes to players. The offense is still largely intact from last year, but we’ll see how much they miss Ben Johnson’s creativity.

Defense is still where the Lions have to get better, and maybe just getting a healthy Aidan Hutchinson back while adding corner D.J. Reed is good enough on that side of the ball, assuming they find some quality defenders in the 2025 draft too.

Cincinnati Bengals (+1700, Up from +1800)

The Bengals are our first top contender to see their odds improve (slightly) from February, but as we looked at earlier this week, it’s hard to see how making Ja’Marr Chase and Tee Higgins the most expensive wide receiver duo in history makes the Bengals a better team in 2025. They already missed the playoffs with these guys the last two years.

Other than paying their own, the Bengals haven’t added much in free agency that will move the needle when you consider moves like Oren Burks, T.J. Slaton, and bringing back Samaje Perine to the backfield.

That’s why nailing this 2025 draft is extra crucial for the Bengals when you’re paying so much money to so few players. They’ll need to find some offensive linemen and defenders that way.

Los Angeles Rams (+1800, Up from +2800)

The Rams have the largest odds increase for any of last year’s NFC playoff teams. They were also the team that came closest to beating the Eagles in the playoffs. While they said goodbye to Cooper Kupp, they arguably upgraded with Davante Adams when you consider Kupp’s injury history. Adams is a ball hog, giving Matthew Stafford two such receivers with the incredible Puka Nacua going into his third year.

Then when you consider the great early production from the young defenders the team has drafted the last few years, it’s easy to be bullish on the Rams in the NFC where they also have one of the best coaches in the league in Sean McVay.

Hit on another draft class and the Rams could be a real contender with value for Super Bowl 60.

Washington Commanders (+1900, Up from +2400)

The Commanders should be a trendy pick this year after already reaching the NFC Championship Game in Jayden Daniels’ rookie season. Remember, the NFC East has not had a repeat champion since the 2001-04 Eagles, so overtaking Philadelphia to win the division could go a long way in helping the Commanders win a Super Bowl in 2025.

But this year was about maximizing the roster while Daniels is on his relatively cheap rookie contract. The team has seemingly done that by acquiring left tackle Laremy Tunsil, wide receiver Deebo Samuel, and re-signing linebacker Bobby Wagner.

However, the Commanders should still be focusing their draft on the defense to get Dan Quinn as much talent as he can to revamp that unit that was a letdown in 2024.

San Francisco 49ers (+1900, Down from +1500)

The 49ers still have plenty of firepower after dealing Deebo Samuel to Washington, but this team is no longer favored in the NFC West after missing the playoffs last year. Injuries were a huge problem that should regress positively to the mean in 2025, but you have to question this aging core and how that reflects with likely paying Brock Purdy huge money soon.

The team didn’t do a lot of additions to the roster, but they added some wide receiver depth with Demarcus Robinson from the Rams. That wasn’t really the issue though. They have more concerns about Christian McCaffrey staying healthy as well as their star defender Nick Bosa, who is suddenly not surrounded by as much talent around him in the front seven.

An impactful draft for a team that’s botched a lot of recent picks would be huge for the 49ers to get back on track as a legit Super Bowl contender.

Green Bay Packers (+2200, Down from +2000)

The Packers struggled to beat any of the good teams in 2024, which led to a wild card exit that came as little surprise. This is still one of the youngest teams in the league, and Matt LaFleur is a good coach, but it’s hard to get excited about free-agent additions like Mecole Hardman or overpaying for guard Aaron Banks (49ers).

As usual, the Packers will need to build in the draft where it wouldn’t hurt to find a pair of defensive starters.

Los Angeles Chargers (+2800, Up from +3000)

The Chargers have seen their Super Bowl odds increase marginally, but it’s still a tough task to overtake the Chiefs in the AFC West. At least they’ve found some upgrades for Justin Herbert, reuniting him with Mike Williams as a reliable target when healthy, and Tyler Conklin isn’t a terrible add at tight end.

The running game was inconsistent last year, but Najee Harris at least gives full effort whenever he touches the ball. Maybe a better offensive line will help him, and the Chargers could give Mekhi Becton a chance to shine at guard as their tackle positions are solidified with Rashawn Slater and Joe Alt. But Becton has been injured often in his career, which sounds like a cursed Chargers player to me.

Still, this team should consider wide receivers high in the draft as another weapon for Herber to go along with Ladd McConkey, and they may need to find a pass rusher to make up for the loss of longtime Charger Joey Bosa.

Houston Texans (+2900, No Change)

Houston’s experiment in 2024 didn’t work, but you have to say injuries were significant with neither Tank Dell nor Stefon Diggs making it through the 2024 season. The Texans are unlikely to have either in 2025 as Diggs is off to the Patriots, and Dell’s leg injury in December was so serious that we probably won’t see him until 2026.

So, Nico Collins is going to have to put in major work in 2025, making wide receiver a position worth drafting high for this team to help C.J. Stroud. They at least acquired Christian Kirk from the Jaguars. They also have a youth movement going at offensive line that’s questionable after last year’s results. The defense is fairly stocked, but you can never have enough good corners.

Tampa Bay Buccaneers (+3200, Up from +3500)

Few teams pay their own players like the Buccaneers, who continue to bring Mike Evans, Chris Godwin, and Lavonte David back for more action. But they’ll hope for better health on offense this year as well as improvement from second-year players like Bucky Irving and Jalen McMillan.

Defensively, Todd Bowles gets a pass rusher in Haason Reddick, who will hopefully be properly motivated this year after getting caught up in contract talks and holdouts last year.

Chicago Bears (+3300, Up from +4000)

It would be a classic NFL thing for the three NFC North teams who won 11-plus games last year to miss the playoffs while the lowly Bears win the division in 2025. But we probably should know better by now than to trust this team on paper no matter how things look.

Coach Ben Johnson should help Caleb Williams, and they’ve already upgraded the offensive line with veterans like Joe Thuney (Chiefs), Drew Dalman (Falcons), and Jonah Jackson (Rams). The defensive line also got some veteran upgrades in Grady Jarrett (Falcons) and Dayo Odeyingbo (Colts).

The Bears are getting back to basics by fixing the trenches. Don’t be surprised if that carries over to the draft as well. Let Johnson use his mind to work with the skill positions to get that part of the team operating smoother in 2025.

Denver Broncos (+4100, Up from +4800)

The Broncos were ahead of schedule by already making the playoffs in Bo Nix’s rookie year. The team has done a solid job of building around him this offseason by giving him a security blanket tight end like Evan Engram from the Jaguars.

The defense was already good, but adding a few 49ers like Dre Greenlaw and Talanoa Hufanga can’t hurt as long as they stay healthy.

Minnesota Vikings (+4200, Down from +3100)

No playoff team has dropped more in Super Bowl odds than the Vikings. That’s probably a direct result of the quarterback uncertainty after Sam Darnold left for the Seahawks, leaving J.J. McCarthy, who looked good in one preseason game as a rookie before meniscus surgery.

The Vikings have been linked to Aaron Rodgers, but it’s hard to say if that is a legitimate move for them this summer, or if it’s just people wanting Rodgers to get his third infinity stone in copying Brett Favre’s path from Green Bay to the Jets to Minnesota to end his career.

Frankly, it doesn’t make sense why the Vikings would want a 42-year-old quarterback after spending a first-round pick on McCarthy last year. It makes sense why Rodgers would want to play in Kevin O’Connell’s friendly system with this roster, but I don’t think it’s going to happen.

If McCarthy is good to go Week 1, he’ll have a solid team around him that added 40% of the Colts’ starting offensive line (Ryan Kelly and Will Fries) while also adding Javon Hargrave (49ers) and Jonathan Allen (Commanders) to the defensive line.

Throw in some hopeful development from Jordan Addison in his third year behind Justin Jefferson, and the Vikings are arguably a better roster than they had in 2024. But McCarthy is a major wild card with such little experience in the pros.

Pittsburgh Steelers (+4500, Up from +6500)

Pittsburgh’s improved odds can only be explained by optimism that the team will sign Aaron Rodgers. Otherwise, it’s hard to say they have a real plan here at the most important position. The Steelers are the only team since the 1970 merger to replace 100% of their quarterback room in consecutive seasons before the draft.

Right now, it’s Mason Rudolph and Skylar Thompson. Maybe Rodgers joins the ranks, but what is he waiting for if he really wants to be this team’s quarterback? There are also question marks of how George Pickens and DK Metcalf can co-exist at wide receiver when they are both hotheads who play the game similarly.

Adding Darius Slay was a good move at corner, but the Steelers have some major issues still unresolved as they head into a draft where they should come away with a quarterback early no matter if Rodgers signs or not.

Arizona Cardinals (+4600, Up from +5000)

There won’t be a ton of hype for the Cardinals because of the other teams in this division, but you never know what can happen if Kyler Murray and Marvin Harrison Jr. click in a big way in 2025. This offense was great when it was on point last year. They just weren’t consistent enough.

Defensively, Jonathan Gannon gets to coach Josh Sweat again after the Cardinals paid handsomely for him from the Eagles.

Seattle Seahawks (+5000, No Change)

It’s funny to see the Seahawks’ odds not change at all after their roster has gone through arguably the biggest changes of all 32 NFL teams in free agency. It’s no longer Geno Smith throwing to DK Metcalf and Tyler Lockett. It’s going to be Sam Darnold throwing to Cooper Kupp and Marquez Valdes-Scantling with Jaxon Smith-Njigba as the WR1.

It’s hard to say that’s a better outcome, but maybe they can make it work if the defense improves more in Year 2 under coach Mike Macdonald. The defense also added Demarcus Lawrence from the Cowboys.

Miami Dolphins (+5000, Down from +4200)

It’s hard to feel the Dolphins after an offseason where they added Nick Westbrook-Ikhine as their WR3, a marginal guard in James Daniels (Steelers), and so-so safety additions like Ifeatu Melifonwu (Lions) and Ashtyn Davis (Jets).

Is that going to help the Dolphins ever win a road game against a good team? Probably not.

Dallas Cowboys (+5500, No Change)

The Cowboys spent a little bit more money this offseason than they did last year when they were trying to afford to pay Dak Prescott and CeeDee Lamb new deals. They still have to pay Micah Parsons, but they lost his running mate in Demarcus Lawrence.

The offense finally has some names again at running back in Javonte Williams and Miles Sanders, but is either player in 2025 really better than Rico Dowdle, who went to Carolina? I’m not sold they are.

Jacksonville Jaguars (+6500, Up from +7500)

Not a lot of big moves for the Jaguars, who added receiver Dyami Brown from the Commanders and a couple of interior offensive linemen to protect Trevor Lawrence. But they have a new coach in Liam Cohen, and we’ll see if he can help unlock Lawrence in Year 5 to get back on top of a winnable division.

New England Patriots (+7000, Up from +14000)

The Patriots have cut their longshot Super Bowl odds in half from +14000 to +7000, but why does that feel like someone at Barstool may have placed a big futures bet on them cause he’s wicked smaht?

Drake Maye showed a lot of promise as a rookie quarterback, but it’s hard to say giving Stefon Diggs over $22 million per year coming off a torn ACL was the right move for this offense under a new coaching staff.

But I really liked the Mike Vrabel hiring and he should get that defense back on track. They paid Milton Williams from the Eagles, and Vrabel reunites with Harold Landry from Tennessee where he’ll look to stay healthy as an edge rusher.

You still have to deal with Buffalo in that AFC East, but the Patriots are at least a solid pick for a team who could really improve in 2025. But winning the Super Bowl? Nah.

Atlanta Falcons (+5500, Down from +8000)

It’s hard to explain why the Falcons have dropped so much from February here, but maybe +5500 was initially too high. This team still has a lot to prove and will have to do so with Michael Penix Jr. taking over for Kirk Cousins, which feels like an upgrade based on the way Cousins looked in 2024 when he wasn’t playing Tampa Bay.

But the defense will have to get a lot better without Grady Jarrett. They’ve added Morgan Fox and Leonard Floyd (reliable veteran edge rusher), but that may not be enough for the NFC South title let alone Super Bowl 60.

Keep building through the draft, Atlanta.

Indianapolis Colts (+8500, Down from +7000)

It probably says a lot of negative things that Anthony Richardson is going to be in a quarterback competition with Daniel Jones instead of a clear-cut starter going into Year 3. But that’s where we are with him and this team.

The Colts also lost some starting offensive linemen, including standout center Ryan Kelly, and they may have overpaid for defensive backs like Cam Bynum (Vikings) and Charvarius Ward (49ers) who likely won’t move the needle.

Las Vegas Raiders (+10000, Up from +19000)

No team has had a bigger odds boost (+9000) from February than the Raiders, who are still stuck in a very tough division where the other three teams made the playoffs last year. But what an incredible division for coaches with Pete Carroll joining Andy Reid, Jim Harbaugh, and Sean Payton.

Carroll reunites with Geno Smith, who should love throwing to Brock Bowers. The wide receivers could use some help though as that’s going to be a downgrade from what Geno had in Seattle these last few years.

Defensively, the team made sure to pay Maxx Crosby to keep him in town, but they’ll have to do more than adding Elandon Roberts and Jeremy Chinn. Carroll hasn’t coached a legitimate top 10 defense in many years, but it’s going to be a tough road in the AFC West with this roster as it stands today.

Carolina Panthers (+10000, Up from +14000)

We’ll have all offseason to talk about whether the Bryce Young glow-up late in 2024 was real or not. But the Panthers are largely the same offensive cast they had last year, but the running back room should be loaded with Chuba Hubbard, Rico Dowdle, and a healthy Jonathon Brooks.

Defensively, the team spent on the likes of new starters in Tershawn Wharton (Chiefs), Bobby Brown (Rams), and Tre’von Moehrig (Raiders). It’s hard to be a big fan of any of those moves individually, but maybe they’ll be a collective upgrade over what the team had last year.

Still, this team is a fantastic draft class away from being a legitimate NFC South contender.

New Orleans Saints (+16000, Down from +12000)

Did the Saints’ odds go down because they decided to keep Derek Carr in town? I’m as anti-Carr as they come, but surely Kellen Moore can get something out of him with Chris Olave, Brandin Cooks, and Rashid Shaheed at receiver, right? Injuries did the Saints in last year.

The cap space has been documented for New Orleans, but they still found a way to sign starters on defense like Justin Reid (Chiefs), Isaac Yiadom (49ers), and Davon Godchaux (Patriots). This doesn’t feel like a bottom-five team right now, but they are going to have to start nailing some drafts to get cheaper, better players after years of overpaying veterans who missed the playoffs.

Tennessee Titans (+17000, Up from +20000)

The longshot Titans seem to be circling around using the No. 1 pick on Miami quarterback Cam Ward. I’m not sure overpaying for a left tackle like Dan Moore (Steelers) solves anything in Tennessee, but this team has a chance to revitalize itself with this important draft class where it holds the top pick.

New York Giants (+18000, Up from +21000)

After the Giants signed Russell Wilson and Jameis Winston at quarterback, you can probably take them out of the Shedeur Sanders sweepstakes. They’ll go with their veterans throwing to Malik Nabers, which sounds like the start of a cunning plan at least.

The defense added Miami safety Jevon Holland as they seemed to immediately regret losing Xavier McKinney to the Packers in 2024. But this defense needs a strong draft, and coach Brian Daboll needs to start showing he can get more out of his offenses or he needs to go.

Cleveland Browns (+20000, Down from +14000)

The Browns traded for Kenny Pickett, and even though he has the lowest touchdown pass rate in NFL history, he might be the better option than Deshaun Watson in 2025. We’ll see how that goes.

Cleveland made sure to sign Myles Garrett to a record-setting deal to keep the disgruntled pass rusher in town. They may even end up drafting him a bookend rusher with Penn State’s Abdul Carter with that No. 2 pick.

New York Jets (+20000, Down from +12000)

The Jets said goodbye to Aaron Rodgers and Davante Adams after such a disappointing 5-12 season where they blew a league-high six leads in the fourth quarter. But before you can even count on regression, just consider that Justin Fields is 2-18 at fourth-quarter comeback opportunities in his career.

That’s the quarterback the Jets are going to rely on under new coach Aaron Glenn, who did what he could with an injured defense in Detroit. But he has a tough road ahead of him here in a division owned by the Bills.

The Jets have some functional pieces on both sides of the ball, but we’re looking for consistency and leadership here if this team is ever going to end the longest active playoff drought in the NFL

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