The 2025–2026 NBA MVP market is a prediction market tracking which player will receive the league's most prestigious individual award. Kawhi Leonard, the Los Angeles Clippers' perimeter star, has been prominent in MVP conversations historically, though injuries in recent seasons have impacted availability. The current YES trading price of 0% reflects market participants' assessment that Leonard has minimal probability of winning the award. This price may reflect several factors: historical injury patterns, current roster composition, projected playing time, or the strength of competing candidates. MVP awards are determined by official voting at season's end, making the outcome verifiable and the market resolvable. The $245K in liquidity and $1.5M in 24-hour trading volume indicate moderate interest despite the extreme pricing. Historical MVP voting patterns show that players must maintain consistent appearances throughout the season to be competitive. The market closes on June 10, 2026, synchronized with the official MVP announcement. Trading dynamics and injury updates during the season could shift prices as new information emerges.