Nov 18, 2023; Los Angeles, California, USA; USC Trojans quarterback Caleb Williams (13) scrambles during the second quarter against the UCLA Bruins at United Airlines Field at Los Angeles Memorial Coliseum. Mandatory Credit: Jason Parkhurst-USA TODAY Sports Credit: Jason Parkhurst-USA TODAY Sports

We already know that the Chicago Bears (by way of the Carolina Panthers) will have the No. 1 pick in the 2024 NFL Draft.

Now it’s just a matter of who the pick will be.

After the Bears locked up the top pick in this year’s draft following the Panthers’ loss to the Jacksonville Jaguars last week, BetOnline released new odds for which player will be selected first overall. As has been the case dating back to last offseason, USC quarterback Caleb Williams remains a heavy favorite, with his current -425 odds suggesting an implied 80.95 percent chance of the 2022 Heisman Trophy winner being the No. 1 overall pick.

BetOnline’s full odds for the first pick of the 2024 NFL Draft are as follows:

  • Caleb Williams -425
  • Drake Maye +300
  • Marvin Harrison Jr. +1000
  • Jayden Daniels +2500
  • Michael Penix Jr. +3300
  • Olumuyiwa Fashanu +5000
  • J.J. McCarthy +5000

It’s somewhat surprising that Williams remains so heavily favored following a relatively disappointing 2023 season at USC. While NFL teams clearly have high opinions of the Washington D.C. native, there has also been buzz about Maye challenging Williams for the draft’s top spot.

Despite Williams remaining heavily favored to be the draft’s top pick, BetOnline is less convinced that it will be Chicago making the selection. In odds regarding what the Bears will do with the No. 1 pick, the online sportsbook favors Chicago to select a quarterback at -200, with the odds of the team trading the pick set at +140.

[BetOnline]

About Ben Axelrod

Ben Axelrod is a veteran of the sports media landscape, having most recently worked for NBC's Cleveland affiliate, WKYC. Prior to his time in Cleveland, he covered Ohio State football and the Big Ten for outlets including Cox Media Group, Bleacher Report, Scout and Rivals.