The Florida Panthers won the Stanley Cup in back-to-back years, hoisting the trophy in both 2024 and 2025.
A team has not three-peated the Stanley Cup since the Islanders won four straight from 1980-1983.
But with the Panthers out of playoff contention and a three-peat off the table, a new team will be named champion at the end of the postseason.
Which team will it be?
Let’s take a look at the 2026 Stanley Cup odds at DraftKings Sportsbook as of April 20.
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2025-26 Stanley Cup winner
Avalanche: +265 (bet $10 to win $36.50 total)
Hurricanes: +400 (bet $10 to win $50 total)
Golden Knights: +750 (bet $10 to win $85 total)
Lightning: +750 (bet $10 to win $85 total)
Oilers: +1200 (bet $10 to win $130 total)
Sabres: +1200 (bet $10 to win $130 total)
Wild: +1300 (bet $10 to win $140 total)
Stars: +1600 (bet $10 to win $170 total)
Senators: +1800 (bet $10 to win $190 total)
Canadiens: +2500 (bet $10 to win $260 total)
Flyers: +4000 (bet $10 to win $410 total)
Penguins: +4500 (bet $10 to win $460 total)
Mammoth: +6000 (bet $10 to win $610 total)
Ducks: +8000 (bet $10 to win $810 total)
Bruins: +9000 (bet $10 to win $910 total)
Kings: 13000 (bet $10 to win $1,310 total)
The Favorites: The Avalanche became the first team of the 2026 season to clinch their playoff spot after defeating the Blackhawks on March 20. And center Nathan MacKinnon has been a huge part of the team’s success this season. During the regular season, he led Colorado in points (127), with 53 goals and 74 assists. Before the season, the Avalanche were +900 to hoist the Stanley Cup. Now they’re up 1-0 against the Kings in their first-round series. Not too far behind them are the Hurricanes at +400 — the team that had the shortest odds in this market at the beginning of the season. Their first-round matchup is against Ottawa, which they currently lead 1-0.
Ones to Watch: Before the season started, the Sabres were long shots at +10000 to win the Stanley Cup. Now Buffalo has the sixth-best odds to be the last team standing. Like the two favorites on the board, the Sabres have won Game 1 of their first-round matchup against Boston.
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