2026 Cy Young Odds: Skubal, Skenes Favored Again

Tarik Skubal won his second consecutive AL Cy Young, and Paul Skenes unanimously received his first NL Cy. Both pitchers are drawing the shortest odds to win the 2026 edition.

Jason Wilson - Betting Analyst at Covers.com
Jason Wilson • Betting Analyst
Jan 6, 2026 • 14:37 ET • 5 min read
Paul Skenes Pittsburgh Pirates MLB
Photo By - IMAGN Images. Pirates ace Paul Skenes looks to win back-to-back Cy Youngs.

Detroit Tigers ace Tarik Skubal and Pittsburgh Pirates right-hander Paul Skenes remain the betting favorites to win their respective Cy Young Awards in 2026 after each doing so in 2025.

Some players have changed leagues, notably Dylan Cease signing with the Toronto Blue Jays and Sonny Gray getting dealt to the Boston Red Sox, but most of the names listed have stayed the same.

However, we are still waiting for pitchers like Framber Valdez to find new homes, while the Milwaukee Brewers are continually rumored to be entertaining a trade of ace Freddy Peralta.

Let's look at the latest MLB odds for the 2026 MLB Cy Young races.

Odds to win AL Cy Young award 2026

Player DraftKings
Tigers Tarik Skubal +380
Red Sox Garrett Crochet  +425
Rangers Jacob deGrom +1100
Royals Cole Ragans +1100
Astros Hunter Brown +1300
Mariners Bryan Woo +1300
Yankees Max Fried +1700
Mariners Logan Gilbert +1700
Yankees Gerrit Cole  +1700
Rangers Nathan Eovaldi +2000
Twins Joe Ryan +2200
Mariners George Kirby +2200
Rays Shane McClanahan +2500
Blue Jays Dylan Cease  +2500
Blue Jays Trey Yesavage  +3000
Orioles Trevor Rogers +3000
Rays Drew Rasmussen +3000
Astros Tatsuya Imai +3000
Red Sox Sonny Gray +3500
Twins Pablo Lopez +4000
Blue Jays Kevin Gausman +4000
Royals Kris Bubic +4000
Yankees Cam Schlittler +4000

Odds last updated on 1-6.

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Odds to win NL Cy Young award 2026

Player DraftKings
Pirates Paul Skenes +250
Dodgers Yoshinobu Yamamoto +500
Phillies Cristopher Sanchez +1200
Giants Logan Webb +1300
Reds Hunter Greene  +1200
Braves Chris Sale +1300
Dodgers Blake Snell +1400
Phillies Zack Wheeler +1500
Dodgers Shohei Ohtani +1700
Nationals MacKenzie Gore +2000
Braves Spencer Strider +2500
Braves Spencer Schwellenbach +2500
Brewers Freddy Peralta  +2500
Marlins Eury Perez +2500
Brewers Jacob Misiorowski +2500
Reds Nick Lodolo +3000
Reds Chase Burns  +3000
Phillies Jesus Luzardo +3000
Mets Nolan McLean +3000
Dodgers Tyler Glasnow +3000
MarlinsSandy Alcantara +3500
Padres Nick Pivetta +3500

Odds last updated on 1-6.


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Previous Cy Young Award winners

Here are the last 10 winners of the AL and NL Cy Young Award, with Detroit, Cleveland, Houston, Washington, and the New York Mets each leading the way with two. Overall, the Brooklyn/Los Angeles Dodgers have the most Cy Youngs all time (12), followed by the Milwaukee/Atlanta Braves with eight and the Philadelphia Phillies, Boston Red Sox, and Mets with seven apiece.

Previous AL Cy Young winners

Year American League Winner
Tigers Tarik Skubal
2024 Tigers Tarik Skubal
2023 Yankees Gerrit Cole
2022 Astros Justin Verlander
2021 Blue Jays Robbie Ray
2020 Guardians Shane Bieber
2019 Astros Justin Verlander
2018 Rays Blake Snell
2017 Guardians Corey Kluber
2016 Red Sox Rick Porcello

Previous NL Cy Young winners

Year National League Winner
Pirates Paul Skenes
2024 Braves Chris Sale
2023 Padres Blake Snell
2022 MarlinsSandy Alcantara
2021 Brewers Corbin Burnes
2020 Reds Trevor Bauer
2019 Mets Jacob deGrom
2018 Mets Jacob deGrom 
2017 Nationals Max Scherzer
2016 Nationals Max Scherzer

Pitchers with multiple Cy Young awards

Twenty-two pitchers have won multiple Cy Young Awards, led by Roger Clemens' seven trophies. Of those 22 winners, five are still active in the majors.

Pitcher Number of Cy Young Awards (Years)
Roger Clemens 7 (1986, 1987, 1991, 1997, 1998, 2001, 2004)
Randy Johnson 5 (1995, 1999, 2000, 2001, 2002)
Steve Carlton 4 (1972, 1977, 1980, 1982
Greg Maddux 4 (1992, 1993, 1994, 1995)
Seven different pitchers 3
12 different pitchers 2


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Jason Wilson Covers.com
Betting Analyst

Jason Wilson is an experienced journalist who has worked in a variety of roles within the industry for the past 18 years. Working at community newspapers in New Brunswick, Jason wore many hats as a reporter, editor, and photographer, covering everything from sports to courts to municipal politics. After shifting gears and working as an educator for a few years in the 2010s, Jason returned to full-time work in media as an MLB news editor for six years at theScore in Toronto before joining Covers in late 2021.

He has honed his editorial acumen over his years in the industry, showcasing flexibility, patience, and a strong work ethic. While he was relatively new to sports betting upon joining Covers, Jason has taken the plunge with gusto to learn the ins and outs of the industry, both as a method to improve professionally and to add an extra angle to his sports fandom.

In addition to sports, Jason is an avid film nut and former movie critic who monitors the Academy Awards betting odds for Covers. Jason holds a Bachelor of Arts in journalism degree and a Bachelor of Education degree from St. Thomas University.

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