2025 Stanley Cup odds: Panthers co-favorites to repeat

The Stanley Cup champion Panthers are just starting their celebrations following Monday's triumph, a party that will likely continue all summer.

But for fans of the other 31 teams, it's never too early to look toward next year, even though there is still an offseason's worth of changes to come.

Here are the odds for who will hoist the Cup in 2025:

Team Odds Stars +900 Panthers +900 Hurricanes +1000 Oilers +1000 Avalanche +1200 Devils +1200 Rangers +1200 Maple Leafs +1600 Golden Knights +1600 Bruins +2000 Canucks +2000 Jets +2200 Kings +2500 Lightning +2500 Predators +3000 Red Wings +3500 Penguins +3500 Wild +4000 Islanders +4000 Sabres +5000 Flyers +5000 Blues +5000 Kraken +6000 Flames +7500 Utah Hockey Club +7500 Captials +7500 Canadiens +10000 Blackhawks +15000 Ducks +30000 Blue Jackets +30000 Sharks +30000

Odds via theScore Bet

The Panthers are co-favorites, alongside the Stars, to repeat at +900, an implied probability of 10%. Florida was +1800 at the start of the 2023-24 season.

The Oilers are still licking their wounds, but there's no reason to believe they can't make another run next year. They are +1000, alongside the 2023-24 preseason favorite Hurricanes.

How are we feeling about next year, Maple Leafs fans? Oddsmakers are giving the blue and white a 5.9% chance of ending their 58-year drought after what could be a turbulent offseason in Toronto.

The Golden Knights, Bruins, and Canucks are also in that Panthers sweet spot from +1600 to +2000. Boston already started its offseason moves by trading Linus Ullmark to the Senators.

The yet-to-be-named Utah Hockey Club, formerly the Arizona Coyotes, are +7500 in their first year playing out of Salt Lake City.

Chances look bleak for the Ducks, Blue Jackets, and Sharks, with implied odds of 0.3%.

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