Amari Cooper was traded to the Bills for a third-round pick on Tuesday, and Josh Allen's MVP odds at FanDuel improved in the wake of the news.
Allen had +750 odds behind Patrick Mahomes (+300), Lamar Jackson (+500) and C.J. Stroud (+500) on Tuesday morning. Post-trade, Allen's odds shortened to +650. Meanwhile, Jackson and Stroud are now tied at +550 — an implied probability decrease of 1.3% compared to a few hours earlier.
It's also been a tumultuous Tuesday for Bills' futures odds: namely AFC East odds. While Buffalo opened the day as -500 favorites after beating the Jets on Monday to take a 1.5-game lead in the division, the Jets acquired Davante Adams, which dropped the Bills' odds to about -400. Those odds have now settled at around -390 across the market.
Meanwhile, the Bills' Super Bowl odds increased to +650 at FanDuel after the news, up from +700 earlier in the day.
Allen had been the favorite for MVP heading into Week 4 after a 3-0 start with no interceptions and 9 total touchdowns. That changed after a two-game losing streak, but his perch among MVP favorites solidified again with a gutty win over the Jets on Monday.
Now, he's further cut his deficit with the acquisition of Cooper, who will fill in a wide receiver room that was in need of improvement. Still, don't expect Cooper to act as a traditional WR1. The philosophy of this team is to spread the ball around as many options as possible, creating as many matchup problems for defenses as possible.