Scottie Scheffler. Bob Self/Florida Times-Union / USA TODAY NETWORK

Scottie Scheffler is new favorite to win the Masters

Prior to the Players Championship last week, Scottie Scheffler's odds to win the Masters were good -- but not great. But that has changed following his dominant victory at TPC Sawgrass over the weekend. The new World No. 1's five-stroke lead at the end of the weekend has oddsmakers singing a different tune.

BetMGM now lists Scheffler as the co-favorite to win at Augusta National in April at 8-1 odds, alongside the world's second-ranked golfer Jon Rahm. That's a big jump for Scheffler, who was previously listed behind Rahm and Rory McIlroy to win the Masters next month.

Prior to last weekend, Rahm and McIlroy were clear favorites over Scheffler to rock the green jacket at Augusta. But after Rahm withdrew from the Players Championship due to illness and McIlroy missed the cut, Scheffler was able to move back into favor with oddsmakers.

It would also be an incredible feat if Scheffler was to win back-to-back Masters. The last golfer to win at Augusta in consecutive seasons was -- surprise surprise -- Tiger Woods in 2001 and 2002. (Woods, for the record, is listed at 40-1 on the Masters' field.)

The 2023 Masters tees off on April 6.

More must-reads:

TODAY'S BEST
Pacers' Pascal Siakam leads team to Game 6 win vs. Knicks
Late goal sends Panthers to Eastern Conference Finals
Scottie Scheffler shoots improbable 66 after warming up for PGA Championship in a jail cell
Report: Tua Tagovailoa away from Dolphins amid contract chatter
Nuggets star has worrying comment about latest injury
Paul Skenes makes incredible Wrigley Field history in second-career MLB start
Giants rookie CF to undergo season-ending labrum surgery
Yankees' Juan Soto reacts to Hal Steinbrenner contract talk
Ex-teammate of Shohei Ohtani placed bets with same illegal bookmaker as interpreter 
Former Rams first-round pick retires from NFL after 11 seasons
Insider provides major injury update on Celtics' Kristaps Porzingis
Watch: Bruins strike first in Game 6 with incredible backhand goal
Dodgers make series of moves involving notable players
Hurricanes not expected to re-sign defenseman, center
Maple Leafs tab former Stanley Cup winner as new head coach
NFL insider expands on competition between Steelers QBs Russell Wilson, Justin Fields
NFL sets outrageous prices for Eagles-Packers Brazil game
Broncos 'very unlikely' to bring back former NFL interceptions leader
Greg Olsen offers broadcasting advice to Tom Brady
Mets star has theory about closer Edwin Diaz's recent struggles