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Craig Counsell NL Manager of the Year Odds Fall to 6% Despite 92-Win

Counsell dropped 9 percentage points in three days on Kalshi and Polymarket, even after career win No. 900 and a 2025 Wild Card berth.

August 31, 20264 min readJoseph Francia, Market Analyst
Where the market standsUpdated September 24, 2026
0%−5 pp since publishedvia Polymarket

Bottom line

Bettors are selling Counsell fast, pushing him to a 1-in-17 long shot despite the Cubs' 2025 Wild Card run and no clear frontrunner in the field.

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1% YES
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0.1¢ · Polymarket
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Craig Counsell
Craig CounsellWikipedia

Craig Counsell's NL Manager of the Year Chances Crash to 6% Despite Cubs Wild Card Run

Craig Counsell's probability of winning the 2026 NL Manager of the Year award has fallen from 15% to 6% over three days on prediction markets, putting him at roughly a 1-in-17 shot when the award resolves on December 8, 2026. Counsell guided the Cubs to a 92-70 record and a Wild Card berth in 2025, and he recently celebrated his 900th career managerial victory. Neither milestone has stopped the slide.

The 9-percentage-point drop ranks among the steepest short-term declines for any Manager of the Year candidate this cycle. Kalshi prices Counsell at 6%, while Polymarket sits at 5%. The contract touched a period low of 4% before recovering slightly.

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The disconnect between on-field performance and market pricing is the story. A manager who won 92 games and punched a postseason ticket should, by historical standards, be a contender. Instead, prediction markets are treating him as a fringe candidate.


Who Are the 2026 NL Manager of the Year Favorites Beating Out Counsell?

Counsell isn't losing a head-to-head battle against one obvious frontrunner. He's being squeezed by a diffuse field, which is a particularly punishing dynamic in prediction markets. When no single candidate commands a dominant share, probability spreads thin across many names, and mid-tier candidates like Counsell get compressed toward single digits.

The BBWAA's Manager of the Year voting has historically rewarded managers who exceed preseason expectations or lead surprise division winners. Wild Card managers face an optics penalty: finishing second or third in your division, even with 90-plus wins, rarely generates the same narrative momentum as a pennant race victory. The Cubs entered 2026 widely expected to contend, which further erodes the overachievement angle voters prize.

MLB.com's preseason polling of 57 experts spread their Manager of the Year picks across multiple candidates in both leagues, reinforcing the idea that no consensus favorite exists. In a field this fractured, Counsell's drop from 15% to 6% may reflect less about his own deterioration and more about several rivals simultaneously gaining small increments of probability at his expense.


The Case Against Craig Counsell Winning NL Manager of the Year in 2026

The strongest bear case against Counsell starts with voter psychology. BBWAA members tend to reward transformation stories: a rebuilding team that shocks the league, a new hire who galvanizes a clubhouse, a manager who navigates catastrophic injuries to a playoff berth nobody saw coming. Counsell's situation is the opposite. He inherited a Cubs roster carrying a $270 million payroll. Winning 92 games with that roster may be competent execution, not award-worthy.

His departure from Milwaukee also lingers in the background. Counsell left the Brewers for a larger contract with the Cubs after the 2023 season, a move that generated genuine backlash among fans and some media members. While BBWAA voters are professionals, narrative undercurrents can shape ballot choices at the margins. A manager perceived as mercenary may need to clear a higher bar than one perceived as loyal.

There's also the Cubs' 2026 trajectory to consider. Counsell has expressed frustration with elements outside his control this season, including scheduling disputes. If the Cubs fail to improve on their 2025 record or miss the playoffs entirely, the award becomes impossible regardless of his credentials. At 6%, the market is pricing in a real possibility that the 2026 Cubs simply don't produce a Manager of the Year caliber story.


Why Craig Counsell Could Still Be Undervalued at 6%

The counterpoint deserves honest consideration. Counsell's career win total just crossed 900, a milestone that places him among the most durable managers of his generation. If the Cubs outperform their 2025 mark and capture an NL Central title, the "proven winner finally gets his division" narrative could shift voter sentiment quickly. A 95-plus win season with a division crown would make Counsell a top-three candidate almost by default.

The market's period low of 4% suggests sellers may have overshot. The 2-percentage-point rebound from that floor indicates some buyers see value at current levels. In a field with no dominant frontrunner, a strong September surge by the Cubs could reprice Counsell's contract back toward double digits.

For traders evaluating this market, the key variable is not Counsell's past resume but the Cubs' second-half trajectory. Manager of the Year is won between August and October, not in spring training. If Chicago is leading the NL Central by mid-September, the 6% price will look cheap in retrospect. If they're fighting for a Wild Card spot again, 6% may be generous. Track the full field and live pricing on our NL Manager of the Year odds page.

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The story so far: NL Manager of the Year Winner?

8 updates · Sep 5 – Sep 22

Brewers Clinch First 2026 Division Title, Murphy's Three-Peat Odds HitSep 22Milwaukee's division clinch pushed Murphy's NL Manager of the Year probability up 14 points in three days. Weiss sits at 17% as the Braves crater to 39-62.Braves at 39-62 Push Weiss's NL Manager of the Year Odds to 17%Sep 19Murphy's Brewers clinched the first division title in baseball, tightening the three-peat narrative that is pulling traders away from Weiss contracts.Pat Murphy at 72% to Win NL Manager of the Year Three Straight TimesSep 17Murphy jumped 14 points in three days as voters weigh MLB's best record, dual surgeries, and his own admission the Brewers haven't fully gelled.