It’s not that we didn’t know that Bill Belichick was capable of that. Still, as news that the New England Patriots reportedly agreed Cam NewtonThe timing seemed to surprise pretty much everyone.
According to Adam Schefter of ESPN, league sources had told him that Newton had reached an agreement on a one-year, incentive deal with New England.
It wasn’t long before the betting futures markets responded to the news.
The patriots were the odds of winning to sign Newton at +500.
However, this market has been fairly quiet for a few months.
There was a considerable amount of talk about believing that Jarrett Stidham would be Tom Bradyimmediate successor.
New England also didn’t take a single quarterback in the NFL draft.
In addition, enough time had passed since the start of the free agency that it seemed a little more plausible that the patriots were simply not interested in getting a veteran starter before the season.
When news came that a deal had been made, it definitely turned a few heads.
In a sportsbook, Newton’s chances of winning the NFL MVP went from +6500 to +3500.
New England’s odds of winning the Super Bowl have been reduced from +2500 to +2000.
That’s still a much larger number than the Kansas City Chiefs or the Baltimore Ravens to get everything out of the AFC.
The defending Super Bowl Champion Chiefs are the favorites at +500.
The ravens are listed at +600.
Then there are the four NFC teams listed on the Super Bowl futures markets ahead of the patriots, including Brady and the Tampa Bay Buccaneers at +1200.
The patriots also went from +1200 to +1000 to win the AFC.
Only the Chiefs, Ravens and Indianapolis Colts have shorter chances.
In AFC East, New England moved from +140 as the second choice behind Buffalo Bills to favorites to win the division at +115.
On the other hand, the chances of winning for AFC East increased from +110 to +130.
