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Analyzing the top five contenders for NBA MVP
Oklahoma City Thunder guard Shai Gilgeous-Alexander. Alonzo Adams-Imagn Images

Analyzing the top five contenders for NBA MVP

We’re into the new year. Trades are happening. Cold Wars are beginning to Heat up (sorry, not sorry). Awards races are starting to take shape.

Let's examine the cases of each of the top five (arguable) NBA MVP candidates.

All stats are courtesy of Basketball Reference and are up to Friday, Jan. 3.

Nikola Jokic – Denver Nuggets

The case here is simple. Firstly, a man with three MVPs already on his mantle is having his finest season yet — secondly, his team craters whenever he takes a slight break.

In addition to a roster that has seen many veteran role players move on since winning the 2023 championship, the Nuggets have also dealt with injuries and the continuing freefall of Jamal Murray, leaving Jokic with an increased workload.

The 29-year-old has responded with his best scoring season yet, his 31 points a night eclipsing his previous best by four points. He’s tried to single-handedly remedy the Nugget's lack of outside shooting, making a career-high 2.3 per game at a league-leading 47.9%.

While still decent on defense, he has understandably slipped somewhat. Make no mistake: the Joker is still firmly in the running for his fourth MVP Award.

Shai Gilgeous-Alexander – Oklahoma City Thunder

The best player on the best team. It’s a tried-and-true MVP formula, right? In most years, absolutely. This is not a typical year. That said, this is as tight a race as you could hope for, and the Thunder guard is in it up to his eyeballs.

Gilgeous-Alexander is the undisputed leader of a team that could win 70 games. For the third year running, he’s posting 30+ points a night, including a career-high True Shooting percentage (57.6%) and threes made (2.1). He leads the NBA in Defensive and Total Win Shares, is seventh in steals and first among guards — 23rd overall — in blocks.

SGA shows his leadership at the other end of the floor, where he shirks no responsibility for the best defense in the league. He takes on challenging assignments, bodies his man, slithers effortlessly around screens and helps away from the ball while playing elite offense every night.

Giannis Antetokounmpo – Milwaukee Bucks

After a rough start, Giannis has dragged his Bucks back into the Eastern Conference playoff picture.

Through sheer force of will — and shoulders that would make Atlas blush — Antetokounmpo has made an aging and painfully shallow Bucks team look, at times, world-class. He’s achieved that through his usual stellar defense, especially as a weak side roamer, where his pterodactyl arms continue to bother shots and disrupt passing lanes.

Offensively, Giannis averages a career-high 32.4 points per game — his third straight season above the 30-point mark. However, what has caught the eye is how he’s doing it this season.

Whilst always able to soar over or barrel through defenders, the now 30-year-old has added some finesse to his game, namely a mid-range jump shot. The defenses can no longer wall off the rim and hope Giannis punches himself out, not when he’s shooting 53.3% on shots between 10-16 feet and 44% from 16 feet to the arc.

He’s not taking a huge number of middies, but, to be fair, he doesn’t have to. By its nature, the threat of the pull-up opens the driving lanes where Antetokounmpo traditionally thrives.

Jayson Tatum – Boston Celtics

The MVP race drops away a fraction here, but don’t let that take away from another gem of a season from Tatum, who, like SGA, is the do-it-all leader of the best team in his conference (sorry, Cleveland).

Tatum’s numbers are stellar — 28.2 points, 47/37/80 shooting splits, 9.4 boards, 5.6 assists and 1.3 steals — yet they don’t quite jump off the page in the way the players mentioned above do. That is almost entirely down to a star-studded and deep roster that has been put together around him, meaning he doesn’t need to carry an offensive load commensurate to Jokic, Gilgeous-Alexander, or Giannis. It’s probably not fair, but that does hinder his MVP case.

Victor Wembanyama – San Antonio Spurs

With Luka Doncic’s Christmas Day calf injury all but sure to render him ineligible for the MVP under the 65-game rule, let’s get a little crazy and throw Wembanyama into the mix.

Almost instinctively, it feels premature to put the sophomore into this race, yet when you look at the numbers, the just-turned-21-year-old is deserving. A hair under 26 points per game, 3.3 threes (on a healthy 36.2%), an 87.5% free throw clip, 10.3 boards, 3.9 assists, 3.9 blocks and a steal for good measure. That is, by any measure and in any year, MVP-worthy production.

The advanced stats support Wemby’s claim, too. A league-leading 3.4 Defensive BPM, 10.5% block percentage (again, league-leading), a 26.1 PER, and an absurd 81.9% conversion from the restricted area.

The eye test is even more compelling. We all know how he warps the very dimensions of the court, but it was most kind of the big fella to give us a remainder, and against a fellow MVP candidate no less, disrupting one of the most unstoppable moves in basketball.

Jarrod Prosser

Jarrod is a basketball lifer and has the knees to prove it.  A former player, coach, trainer, scout and administrator, Jarrod has extensive and intimate knowledge of everything that happens on the hardwood. He has covered the NBA since 2018 for publications in the USA and his native Australia

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