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Denver Broncos head coach Sean Payton, center, stands between Denver Broncos quarterback Russell Wilson (3), left, and Denver Broncos quarterback Jarrett Stidham (4), right, as the team comes out of the visiting tunnel before the game at Allegiant Stadium in Las Vegas, Nevada on Jan. 7, 2024. The Las Vegas Raiders took on Denver Broncos during week 18 of NFL season. (Photo by RJ Sangosti/The Denver Post)
Denver Broncos head coach Sean Payton, center, stands between Denver Broncos quarterback Russell Wilson (3), left, and Denver Broncos quarterback Jarrett Stidham (4), right, as the team comes out of the visiting tunnel before the game at Allegiant Stadium in Las Vegas, Nevada on Jan. 7, 2024. The Las Vegas Raiders took on Denver Broncos during week 18 of NFL season. (Photo by RJ Sangosti/The Denver Post)
Joe Nguyen of The Denver Post
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The 2023 NFL season came to an end on Sunday after the Chiefs defeated the 49ers, 25-22, in overtime to win Super Bowl LVIII and back-to-back Lombardi Trophies. While they celebrate in Kansas City, the other 29 teams in the league look ahead to the 2024 season.

For the Broncos — who missed the playoffs for the eighth straight year — are looking to reach the postseason for the first time since winning Super Bowl 50. Their chances of adding a fourth Lombardi Trophy next year? Oddsmakers aren’t too optimistic.

The Broncos have +10,000 odds — meaning a $100 bet would win $10,000 — to win Super Bowl LIX in New Orleans next year, according to all five sportsbooks (BetMGM, Caesars, DraftKings, Fanduel and SI Sportsbook) surveyed. This places them with the 24th- to 26th-best odds among all NFL teams, depending on the oddsmaker.

The 49ers, who, despite coming up short on Sunday, are the favorites to win it next year with odds between +500 to +550. The Chiefs are unanimously second at +650 to +750. They’re followed by the Ravens (+850 to +1,000), the Bills (+1,000 to +1,200) and the Lions (+1,200).

This is a big drop-off for Denver compared to the previous two years. Entering the 2022 season, the Broncos’ championship odds ranged from +1,600 to +2,200. Last year, they had +3,000 to +4,500 odds.

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