2026 Heisman Trophy Odds: CJ Carr, Arch Manning Early Favorites

Indiana’s Fernando Mendoza’s year couldn’t have been more perfect. He led his Hoosiers to an unblemished 16-0 season, captured the national championship in historic fashion and won the 2025 Heisman before being selected first in the 2026 NFL Draft by the Raiders. Now that the path is clear for a new athlete to leave NYC in December holding the Heisman, who will it be? Here are the way-too-early odds at DraftKings Sportsbook as of May 5. This page may contain affiliate links to legal sports betting partners. If you sign up or place a wager, FOX Sports may be compensated. Read more about Sports Betting on FOX Sports. 2026 Heisman Trophy Winner CJ Carr (Notre Dame): +750 (bet $10 to win $85 total)Arch Manning (Texas): +750 (bet $10 to win $85 total)Julian Sayin (Ohio State): +1000 (bet $10 to win $110 total)Dante Moore (Oregon): +1000 (bet $10 to win $110 total)Trinidad Chambliss (Ole Miss): +1100 (bet $10 to win $120 total)Josh Hoover (TCU): +1200 (bet $10 to win $130 total)Darian Mensah (Miami, FL): +1200 (bet $10 to win $130 total)Jeremiah Smith (Ohio State): +1300 (bet $10 to win $140 total)Gunner Stockton (Georgia): +1800 (bet $10 to win $190 total)Sam Leavitt (Arizona State): +2000 (bet $10 to win $210 total)Marcel Reed (Texas A&M): +2500 (bet $10 to win $260 total)Jayden Maiava (USC): +2500 (bet $10 to win $260 total)John Mateer (Oklahoma): +2800 (bet $10 to win $290 total) Here’s more on a few of the names on the 2026 Heisman oddsboard: The Favorites: Carr and Manning are tied at +750 to win the Heisman Trophy at the end of the 2026 regular season. And the latter is no stranger to Heisman talk. He opened as the favorite for the 2025 Heisman at several books and right before the season kicked off, bettors were hammering Manning’s futures. The excitement over Manning was short-lived once his Longhorns went 4-2 to begin the season. If he is at least named a finalist, he would follow in the footsteps of his uncles and his grandfather, as both Peyton and Eli Manning, and their dad Archie, were Heisman finalists during their college careers. Ones to Watch: Ohio State teammates Jeremiah Smith and Julian Sayin are two players to watch for next season’s Heisman — especially because they were both in the conversation to win the award most of 2025. Sayin, in fact, was a Heisman finalist and finished fourth in the race with eight first-place votes. Smith didn’t make the trip to New York but finished sixth in the tally. FOX Sports college football writer RJ Young projects that both Smith and Sayin — as well as Manning — will be in the running in 2026. Heisman in Troy?: Could Maiava bring the hardware back to SC from NYC? Based on the early odds, he could have at least a slight chance. If the Trojans’ QB wins the most coveted individual award in college football, he’d be the first USC player since Caleb Williams (2022) to do so. Maiava finished the 2025 season with 3,711 passing yards and 24 touchdowns, as his squad ended the year with a 9-4 record.