2024 MLB Rookie of the Year Odds: AL & NL Favorites, Predictions

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Baltimore Orioles Jordan Westburg (11) is greeted by Jackson Holliday (87) at the dugout after his solo home run in the fourth inning of a spring training baseball game against the Atlanta Braves in North Port, Fla., Monday, Feb. 26, 2024.
(AP Photo/Gerald Herbert)
Shane Jackson @Sjacksonmgm Apr 16, 2024, 3:49 PM
  • Dodgers pitcher Yoshinobu Yamamoto is the favorite to win NL Rookie of the Year.
  • Evan Carter of the Rangers is favored to win AL Rookie of the Year.
  • Jackson Holliday is back to +450 after a slow start in Baltimore.

Corbin Carroll of the Arizona Diamondbacks and Gunnar Henderson of the Baltimore Orioles were named Rookie of the Year in their respective leagues in 2023, making an immediate impact for two playoff teams.

It also proved that MLB odds are getting better at projecting the future superstars of the league, as Henderson was the preseason favorite in the AL (+250), and Carroll was the No. 2 option (+400) in the NL last spring.

Will the favorites for the 2024 MLB Rookie of the Year odds deliver again?

AL Rookie of the Year Odds: Favorites

Evan CarterRangers+300
Colton CowserOrioles+300
Wyatt LangfordRangers+400
Jackson HollidayOrioles+450
Ceddanne RafaelaRed Sox+1500
Colt KeithTigers+1800
Parker MeadowsTigers+2200
Junior CamineroRays+2200
Wilyer AbreuRed Sox+2200
Nolan SchanuelAngels+3000

The preseason favorite has won AL Rookie of the Year in two of the last three seasons, with the lone exception being Seattle’s Julio Rodríguez, who was slightly second in odds behind Kansas City’s Bobby Witt Jr.

Preseason odds of recent AL winners:

  • 2023: Gunnar Henderson (+250)
  • 2022: Julio Rodríguez (+400)
  • 2021: Randy Arozarena (+350)

Wyatt Langford eventually passed Evan Carter as the preseason favorite less than a week before Opening Day when he was added to the Rangers’ initial roster.

Langford was selected in the first round of last year’s MLB draft and has soared up the professional ranks due to his ability to mash the baseball.

Baltimore’s Jackson Holliday, who opened as the co-favorite with Carter, fell to third on the oddsboard after not making the initial roster. He later moved from +450 to +340 after being called up by the Orioles, but is back to +450 after a slow start to his MLB career.

I suggest taking advantage of the +450 price before Holliday finds his groove at this level. Holliday, a former No. 1 overall pick and 20-year-old son of longtime MLB slugger Matt Holliday, is the best prospect in baseball.

If Holliday does win this award, the Orioles would become the first AL East team to have consecutive Rookie of the Year winners.

Prediction: Jackson Holliday (+450)

NL Rookie of the Year Odds: Favorites

Yoshinobu YamamotoDodgers+325
Jackson ChourioBrewers+400
Michael BuschCubs+500
Jackson MerrillPadres+700
Shōta ImanagaCubs+700
Jared JonesPirates+900
Jung Hoo LeeGiants+1400
Kyle HarrisonGiants+2000
Paul SkenesPirates+2200
James WoodNationals+2200

Unlike the American League, three of the last four NL winners were off the original oddsboard in the preseason.

This market has been good for NL Rookie of the Year long-shot picks, though that might be more difficult this summer.

Dodgers pitcher Yoshinobu Yamamoto is the clear front-runner in this race, leaping to the majors from Nippon Professional Baseball.

In December, Yamamoto inked a 12-year, $325 million deal, receiving the most guaranteed dollars ever given to a pitcher.

But these odds are a bit rich, even after the recent movement. Yamamoto’s odds have gone from +200 to +325 since the preseason.

Staying in the NL West, my favorite NL Rookie of the Year odds prediction is Jung Hoo Lee of the San Francisco Giants.

Lee is moving from KBO, where he won Rookie of the Year in 2017 and MVP in 2022. He bats leadoff for the Giants and will get plenty of opportunities to accumulate counting stats.

Prediction: Jung Hoo Lee (+1400)

2023 AL Rookie of the Year Voting

RankNameTeamVote Pts1st PlaceShare
1Gunnar HendersonBAL15030100%
2Tanner BibeeCLE67045%
3Triston CasasBOS25017%
4Josh JungTEX16011%
5Yainer DiazHOU604%
6Masataka YoshidaBOS302%
7Edouard JulienMIN201%
8Anthony VolpeNYY101%

2023 NL Rookie of the Year Voting

RankNameTmVote Pts1st PlaceShare
1Corbin CarrollARI15030100%
2Kodai SengaNYM71047%
3James OutmanLAD20013%
4Nolan JonesCOL17011%
5Matt McLainCIN503%
6Spencer SteerCIN403%
7Patrick BaileySFG101%
7Elly De La CruzCIN101%
7Eury PérezMIA101%

List of AL & NL Rookie of the Year Winners

YearAL WinnerNL Winner
1947Jackie Robinson*Jackie Robinson*
1948Alvin Dark*Alvin Dark*
1949Roy SieversDon Newcombe
1950Walt DropoSam Jethroe
1951Gil McDougaldWillie Mays
1952Harry ByrdJoe Black
1953Harvey KuennJim Gilliam
1954Bob GrimWally Moon
1955Herb ScoreBill Virdon
1956Luis AparicioFrank Robinson
1957Tony KubekJack Sanford
1958Albie PearsonOrlando Cepeda
1959Bob AllisonWillie McCovey
1960Ron HansenFrank Howard
1961Don SchwallBilly Williams
1962Tom TreshKen Hubbs
1963Gary PetersPete Rose
1964Tony OlivaDick Allen
1965Curt BlefaryJim Lefebvre
1966Tommie AgeeTommy Helms
1967Rod CarewTom Seaver
1968Stan BahnsenJohnny Bench
1969Lou PiniellaTed Sizemore
1970Thurman MunsonCarl Morton
1971Chris ChamblissEarl Williams
1972Carlton FiskJon Matlack
1973Al BumbryGary Matthews
1974Mike HargroveBake McBride
1975Fred LynnJohn Montefusco
1976Mark FidrychButch Metzger
1977Eddie MurrayPat Zachry
1978Lou WhitakerAndre Dawson
1979John CastinoBob Horner
1979Alfredo GriffinRick Sutcliffe
1980Joe CharboneauSteve Howe
1981Dave RighettiFernando Valenzuela
1982Cal Ripken Jr.Steve Sax
1983Ron KittleDarryl Strawberry
1984Alvin DavisDwight Gooden
1985Ozzie GuillénVince Coleman
1986Jose CansecoTodd Worrell
1987Mark McGwire§Benito Santiago
1988Walt WeissChris Sabo
1989Gregg OlsonJerome Walton
1990Sandy Alomar Jr.David Justice
1991Chuck KnoblauchJeff Bagwell
1992Pat ListachEric Karros
1993Tim Salmon§Mike Piazza
1994Bob HamelinRaúl Mondesí
1995Marty CordovaHideo Nomo
1996Derek JeterTodd Hollandsworth
1997Nomar GarciaparraScott Rolen
1998Ben GrieveKerry Wood
1999Carlos BeltránScott Williamson
2000Kazuhiro SasakiRafael Furcal
2001Ichiro SuzukiAlbert Pujols
2002Eric HinskeJason Jennings
2003Ángel BerroaDontrelle Willis
2004Bobby CrosbyJason Bay
2005Huston StreetRyan Howard
2006Justin VerlanderHanley Ramírez
2007Dustin PedroiaRyan Braun
2008Evan LongoriaGeovany Soto
2009Andrew BaileyChris Coghlan
2010Neftalí FelizBuster Posey
2011Jeremy HellicksonCraig Kimbrel
2012Mike TroutBryce Harper
2013Wil MyersJosé Fernández
2014José AbreuJacob deGrom
2015Carlos CorreaKris Bryant
2016Michael FulmerCorey Seager
2017Aaron JudgeCody Bellinger
2018Shohei OhtaniRonald Acuña Jr.
2019Yordan ÁlvarezPete Alonso
2020Kyle LewisDevin Williams
2021Randy ArozarenaJonathan India
2022Julio RodríguezMichael Harris II
2023Gunnar HendersonCorbin Carroll

*There was only one award for both leagues in 1947 and 1948.

MLB Teams With Most Rookie of the Year Awards

The Brooklyn/Los Angeles Dodgers have the most Rookie of the Year Awards (18):

Dodgers: 18
Braves: 9
Yankees: 9
Athletics: 8
Orioles: 8
Reds: 8

Has a Rookie Ever Won the Cy Young Award?

Only one rookie has won the Cy Young Award: Fernando Valenzuela.

Valenzuela was a 21-year-old rookie for the Los Angeles Dodgers in 1981 when he led the MLB in strikeouts and lead the Dodgers to the World Series.

Has an MLB Rookie Ever Won MVP?

Two rookies have won MVP: Fred Lynn and Ichiro Suzuki.

Lynn won AL MVP in 1975 after leading the Boston Red Sox to 95 regular-season wins and a World Series appearance in the World Series. Ichiro won AL MVP in 2001 as the Seattle Mariners tied the MLB record for most wins in a season (116).

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About the Author

Shane Jackson

Read More @Sjacksonmgm

Shane Jackson is a Web Content Writer for BetMGM, covering MLB and NBA. After graduating from the University of Kansas, his previous stops include MLB.com, Lawrence Journal-World, Manhattan Mercury, Bet Chicago Sports, WynnBET, and Sportsbook Review.

Shane Jackson is a Web Content Writer for BetMGM, covering MLB and NBA. After graduating from the University of Kansas, his previous stops include MLB.com, Lawrence Journal-World, Manhattan Mercury, Bet Chicago Sports, WynnBET, and Sportsbook Review.