Notre Dame quarterback CJ Carr enters the 2026 season as the Heisman Trophy favorite, priced at +700 ahead of a crowded group of returning stars.
This year’s board is loaded with familiar names.
Several of the top contenders return after finishing near the top of last year’s voting, while a handful of high-profile transfers have shuffled the picture at programs across the country.
2026 Heisman Trophy Odds: Full List
- CJ Carr (Notre Dame) +700
- Arch Manning (Texas) +750
- Jeremiah Smith (Ohio State) +800
- Darian Mensah (Miami) +1000
- Dante Moore (Oregon) +1100
- Julian Sayin (Ohio State) +1200
- Trinidad Chambliss (Ole Miss) +1200
- Josh Hoover (TCU) +1400
- Gunner Stockton (Georgia) +2000
- Sam Leavitt (LSU Tigers) +2000
- Jayden Maiava (USC) +2500
- John Mateer (Oklahoma) +2500
- Keelon Russell (Alabama) +2500
- Marcel Reed (Texas A&M) +3000
- Malachi Toney (Miami) +3500
- Bryce Underwood (Michigan) +4000
- LaNorris Sellers (South Carolina) +4000
- Will Hammond (Texas Tech) +4000
- Byrum Brown (Auburn) +5000
- Demond Williams Jr. (Washington Huskies) +5000
- Drew Mestemaker (Oklahoma State) +5000
- Field (Remaining Players) +5500 or greater
Note: Odds are subject to change.
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CJ Carr Heads Heisman Trophy Odds Market
Carr’s price reflects the weight of expectations at Notre Dame, where he’s expected to build on a breakout debut season under center.
Right behind him, Arch Manning enters his first full season as Texas’s unquestioned starter, and the hype that’s followed him since high school hasn’t wavered.
Jeremiah Smith rounds out the top tier as the rare wide receiver in true Heisman contention, coming off a freshman campaign that made him the most talked-about non-quarterback in the country.
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Transfers Reshape the Contender Landscape
Darian Mensah’s move to Miami headlines this year’s transfer storylines, pairing a proven arm with a Hurricanes offense that came within one drive of a national title.
Dante Moore’s decision to return to Oregon for another season instead of entering the NFL Draft has him firmly in the mix as well, while Ole Miss’s Trinidad Chambliss returns for an improbable encore season after winning a legal battle for an extra year of eligibility, entering the year as one of the most talked-about redemption stories in the sport.
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A Deep Middle Class Keeps the Race Wide Open
Georgia’s Gunner Stockton and LSU Tigers’ Sam Leavitt headline the next tier at +2000, both quarterbacks who elevated their profiles significantly last season.
USC’s Jayden Maiava, Oklahoma’s John Mateer and Alabama’s Keelon Russell round out a group of players capable of climbing the board quickly with a hot start, while Texas A&M’s Marcel Reed and Miami’s Malachi Toney — one of the rare non-quarterbacks anywhere near this board — give the middle class real juice.
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Long Shots Litter the Back Half
From Bryce Underwood’s +4000 on down, this year’s board features plenty of players capable of forcing their way into the conversation.
Texas Tech’s Will Hammond enters the picture after a chaotic offseason quarterback battle in Lubbock, while Auburn transfer Byrum Brown and Oklahoma State’s Drew Mestemaker give bettors a pair of dual-threat long shots with legitimate ceiling if their new offenses click early in the season.
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