2024 AL Cy Young Predictions and Betting Odds | Cole in an Early Hole
2024 AL Cy Young Betting Preview
With an assist from Sportsmemo handicapper Steve Seagrave, the GoldSheet team is here to help you get ready for MLB Opening Day. New York’s Gerrit Cole captured the 2023 AL Cy Young Award, but he is likely to begin the season on the IL with an elbow injury suffered in spring training. What can we expect from this year’s awards market? Let’s make some 2024 AL Cy Young predictions.
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The Brooklyn/LA Dodgers have recorded the most Cy Young Awards all time with 12, followed by the Boston Red Sox, New York Mets, Philadelphia Phillies and Milwaukee/Atlanta Braves with seven each. Roger Clemens has won the most Cy Young awards with seven followed by Randy Johnson with five. There are 22 players with multiple awards won and six are still currently active in the majors.
2024 AL Cy Young Odds
Odds below courtesy of DraftKings Sports Book as of Tuesday, March 19:
| Kevin Gausman | +650 |
| Framber Valdez | +800 |
| Corbin Burnes | +800 |
| Tarik Skubal | +900 |
| Luis Castillo | +1000 |
| George Kirby | +1300 |
| Pablo Lopez | +1400 |
| Cole Ragans | +1800 |
| Grayson Rodriguez | +2000 |
| Gerrit Cole | +2200 |
| Logan Gilbert | +2500 |
| Nathan Eovaldi | +3000 |
| Shane Bieber | +3000 |
| Zach Eflin | +4000 |
| Joe Ryan | +5000 |
| Carlos Rodon | +5000 |
| Yusei Kikuchi | +5500 |
| Jose Berrios | +5500 |
| Chris Bassitt | +5500 |
| Marcus Stroman | +6500 |
| Cristian Javier | +6500 |
| Brayan Bello | +6500 |
| Tanner Bibee | +7500 |
| Justin Verlander | +7500 |
| Bailey Ober | +7500 |
| Tristan McKenzie | +8000 |
| Max Scherzer | +8000 |
| Patrick Sandoval | +8000 |
| Kenta Maeda | +8000 |
| Bryce Miller | +8000 |
2024 AL Cy Young Predictions
Previous Winners:
– 2023 Gerrit Cole (New York Yankees)
– 2022 Justin Verlander (Houston Astros)
– 2021 Robbie Ray (Toronto Blue Jays)
– 2020 Shane Bieber (Cleveland Guardians)
– 2019 Justin Verlander (Houston Astros)
The reigning AL Cy Young award winner, Gerrit Cole, is likely to begin the 2024 MLB season on the IL as he battles an elbow injury suffered in Spring Training. Prior to that injury, Cole was the +500 favorite in the AL after posting a 15-4 record with a 2.63 ERA and 222 strikeouts through 209 innings of work, despite the Yankees’ struggles last year. He also had the best WHIP in the majors (0.98) and the best WAR at 7.4 (next best was Blake Snell at 6.0).
Corbin Burnes looks like an intriguing option with a new team after a down season where he went just 10-8 with a 3.39 ERA and 200 strikeouts across 193.2 innings of work. The 29-year-old is two seasons removed from winning the NL Cy Young and he’s moving to Camden Yards, which EV Analytics lists as the fifth-most pitcher-friendly park. Burnes will have a great shot at standing out on an Orioles staff that will be missing Kyle Bradish (sprained UCL) and John Means (setback from Tommy John surgery).
We can look to the same Orioles’ team for a dark horse candidate in Grayson Rodriguez, looking to make a big jump in his sophomore season. Rodriguez struggled last spring in his initial call-up from the minor leagues, but he was fantastic down the stretch. He showed flashes of brilliance with an eight-inning shutout with seven strikeouts against the Tampa Bay Rays.
With question marks swirling around most other teams in the AL East, the Orioles figure to win a lot of games this season. Burnes and Rodriguez play in a pitcher-friendly park, and both have the potential to be in the AL Cy Young discussion as the season progresses.
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