NFL Draft Odds: Caleb Williams Declares, Still the Favorite to Go No. 1

NFL Draft Odds: Caleb Williams Declares, Still the Favorite to Go No. 1 article feature image
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Sean M. Haffey/Getty Images. Pictured: Caleb Williams #13 of the USC Trojans.

Caleb Williams will officially declare for the NFL Draft, according to ESPN's Pete Thamel. Today marks the final day that underclassmen can declare for the 2024 Draft.

Source: USC quarterback Caleb Williams will be entering the NFL Draft. The decision comes on the final day that underclassmen players are allowed to declare. He’s the favorite to be the No. 1 overall pick. pic.twitter.com/Uth01NJ1o9

— Pete Thamel (@PeteThamel) January 15, 2024

The 2022 Heisman Trophy winner is an overwhelming favorite to be taken No. 1 overall in this year's draft at -850. The next closest player, Drake Maye, has +500 odds to be the No. 1 overall pick.

NFL Draft Odds — No. 1 Overall Pick

PlayerOdds
Caleb Williams-850
Drake Maye+550
Marvin Harrison Jr.+1400
Jayden Daniels+3400
Michael Penix Jr.+6000
Bo Nix+10000
Joe Alt+10000
Jeremiah Trotter Jr.+10000
Jared Verse+10000
Nick Taylor+10000
J.T. Tuimoloau+10000
J.J. McCarthy+10000
Dallas Turner+10000
Laiatu Latu+10000
J.C. Latham+10000
Olumuyiwa Fashanu+10000
Michael Hall Jr.+10000

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Williams did not have the same magical season in 2023 compared to his 2022 Heisman winning season. He finished with great numbers — 30 touchdowns and five interceptions — but USC couldn't find its fitting midway through the season after starting 6-0. The Trojans went 1-5 in the final six games, which included Williams' worst game of the season with three interceptions.

The Chicago Bears will have the No. 1 pick this season thanks to their trade with the Carolina Panthers and have a decision to make with quarterback Justin Fields who has a fifth-year option on his rookie contract.

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