The Florida Panthers successfully defended their Stanley Cup as they bested the Edmonton Oilers for the second straight year. According to ESPN BET, a third championship could be in the cards for the Cats, as they open as co-favorites to win the 2025-26 Stanley Cup, alongside the Oilers and Colorado Avalanche.
The Carolina Hurricanes and Vegas Golden Knights round out the top five. Vegas opened at 12-1, but moved to +850 after signing Mitch Marner.
Elsewhere on the board, the Toronto Maple Leafs open at 20-1 to snap their Cup drought, the New York Rangers open at 35-1, and the Boston Bruins open at 100-1.
All odds accurate as of publish time. For more, go to ESPN BET. 
Hart Trophy
The Hart Trophy is awarded to the regular season MVP.
Connor McDavid, Oilers: +200
Nathan MacKinnon, Avalanche: +450
Nikita Kucherov, Lightning: +600
Leon Draisaitl, Oilers: 10-1
Kirill Kaprizov, Wild: 12-1
Auston Matthews, Maple Leafs: 18-1
Cale Makar, Avalanche: 30-1
David Pastrnak, Bruins: 30-1
Jack Eichel, Golden Knights: 33-1
Jack Hughes, Devils: 33-1
Connor Hellebuyck, Jets: 40-1
Quinn Hughes, Canucks: 40-1
Matthew Tkachuk, Panthers: 75-1
Mikko Rantanen, Stars: 75-1
Mitch Marner, Maple Leafs: 75-1