Manning already has a Super Bowl MVP award.

Super Bowl 44 MVP odds are out now and they reflect the usual bias towards quarterbacks and running backs. Peyton Manning is, not surprisingly, the overwhelming favorite followed by Drew Brees and the running backs Pierre Tomas and Joseph Addai.

RB Pierre Thomas, New Orleans Saints +800

Thomas didn’t have eye-popping regular season numbers picking up just 793 yards on the season, but that’s mostly because the Saints didn’t give him the ball much.

His 5.4 yards per carry is good, but it’s a little inflated because the Saints pass heavy offense makes it a little easier to knock off a big run.

The big reason for putting money on Thomas is that he was clutch against the Vikings. He picked up one receiving and one rushing touchdown and he was also the one who converted the fourth and one leap in overtime that led to the game-winning field goal.

RB Joseph Addai, Indianapolis Colts +800

Similar to Thomas, Addai’s numbers are partly a product of an offense that uses the run only to set up the pass which means he won’t get many touches, but should pick up a little more yardage with each touch.

Addai had 828 yards on the season and averaged 3.8 yards per carry.

Addai hasn’t done much in the playoffs to justify picking him over Thomas. He had a decent game against the Jets which was marred by losing a fumble, but he was almost a non-factor against the Ravens.

Also if the Colts win, he has to go up against Manning for the Super Bowl MVP and Manning will get the nod unless Addai’s performance is clearly better.

QB Drew Brees, New Orleans Saints +300

Brees is one of the best passers with the game and he has a lot of weapons on offense to show off his skill.

He threw for 34 touchdowns on the season, completed 70.6 percent of his passes and was picked just 11 times for a 109.6 passer rating.

His rating in the post season is even better at 116.1, but he had a bad game against the Vikings hitting just 54.8 percent of his passes.

The Vikings defense deserves the credit for not letting Brees play his game and, unless the Colts can pressure Brees the way the Vikings did, expect Brees to be back to his usual form for the Super Bowl.

QB Peyton Manning, Indianapolis Colts -250

Manning is the heavy favorite and why not? He’s already the regular season MVP and he already has a Super Bowl win to his credit.

Statistically Manning is a step below Brees. He threw for 33 touchdowns, completed 68.8 percent of his passes and was picked 16 times for a passer rating of 99.9.

Like Brees, Manning has stepped it up in the playoffs earning a 104.6 rating.

Manning’s performance against Baltimore wasn’t great, but the Colts were in control from beginning to end. Against the Jets, when the team needed him most, Manning was awesome picking up 3 passing touchdowns and a 123.6 rating against the best passing defense in the league.

With experience and a history of playing his best in big games, Manning is the clear choice. But he won’t pay out much, so maybe think of him as parlay fodder. Colts to win and Manning for MVP sounds right.