Adam Caplan said he actually cast his vote for Lamar Jackson and is betting the Ravens quarterback at +500 to win the AP MVP. Caplan reminded listeners the award covers the entire regular season, not just a hot stretch, and argued Jackson delivered the most complete 17-game body of work in 2023 while Josh Allen merely caught fire late. Jackson already owns a previous MVP and led Baltimore to the AFC’s best record, giving voters a narrative the other candidates lack. Caplan compared the rest of the market – Allen (+600), Patrick Mahomes (+650) and Joe Burrow (+700) – and concluded Jackson’s 5-to-1 return is still worth an investment.