Tom Brady Signing Sees Tampa Bay Buccaneers' Super Bowl LV Odds Slashed From 50/1 to 15/1

The signing of Tom Brady has seen odds on the Tampa Bay Buccaneers winning a first Super Bowl title in 18 years shorten dramatically in just a few days.

Tampa Bay will host Super Bowl LV in February next year and according to Oddschecker the Bucs are 15/1 to become the first team to hoist the Vince Lombardi Trophy in their own stadium.

The Kansas City Chiefs are favorite to retain their title at 6/1, followed by the Baltimore Ravens at 7/1, while odds on the San Francisco 49ers, Super Bowl LIV runners-up and the New Orleans Saints stand at 9/1 and 13/1 respectively.

The Bucs started the week as 50/1 outsider to win Super Bowl LV but the odds have since fallen off a cliff as the franchise became the front runner in the race to sign Brady fate the six-time Super Bowl champion on Tuesday revealed he would leave the New England Patriots after two decades.

When the market for Super Bowl LV winner first opened, the Los Angeles Rams and the New England Patriots were the two best-backed teams, receiving 38.1 percent and 29.9 percent of best respectively.

The situation, however, changed dramatically this week with Tampa Bay accounting for over 50 percent of all bets placed on Super Bowl LV winner this week, a clear sign bettors believe Brady can add a seventh ring to his collection this coming season.

The Rams, meanwhile, have fallen to 24/1 outsiders after they unexpectedly cut Todd Gurley on Thursday.

"If we look at the bets placed on the same market since Monday [...] the Tampa Bay Buccaneers account for a whopping 51 percent of bets, with many clearly feeling that the Brady effect will drag Tampa Bay into contention," Oddschecker's public relations manager Pete Watt told Newsweek.

"As a result, plenty of oddsmakers' have panicked at their growing liabilities and have cut the Bucs from 50/1 on Monday to as short as 15/1."

The worst-kept secret in sport was finally revealed on Friday morning, when the Bucs and Brady confirmed their agreement.

"Excited, humble and hungry...if there is one thing I have learned about football, it's that nobody cares what you did last year or the year before that...you earn the trust and respect of those around through your commitment every single day," Brady wrote on Instagram under a picture of him signing his new contract.

"I'm starting a new football journey and thankful for the @buccaneers for giving me an opportunity to do what I love to do. I look forward to meeting all my new teammates and coaches and proving to them that they can believe and trust in me."

In Tampa Bay, Brady will be reunited with Jason Licht, who was a member of the Patriots' scouting staff when Brady was drafted in 2000 and is now the Bucs' general manager.

"Tom is a proven champion who has achieved greatness on the field because he demands the best out of himself and his teammates," Licht said in a statement released by the franchise.

"I've known Tom since we drafted him in New England 20 years ago and through this process it became very clear that his desire to be a champion burns as strong today as it ever has. He possesses the type of rare natural leadership qualities that will immediately impact our entire organization."

The Bucs' first and so far only Super Bowl triumph came in 2003, when they thrashed the Oakland Raiders 48-21 in Super Bowl XXXVII in San Diego, California.

Super Bowl glory, however, did not serve as a springboard towards more success. The Bucs missed the postseason in the two following seasons and only reached the playoffs twice in the next three years, with their last appearance dating all the way back to the 2007 season.

While Tampa Bay has missed the playoffs ever since, Brady sits at the opposite end of the spectrum.

The 42-year-old has appeared in nine Super Bowls, hoisting the Vince Lombardi Trophy a record six times and being named Super Bowl MVP four times.

In his two decades in Foxborough—the longest any NFL quarterback has spent with the same franchise—Brady won an all-time record 17 division championships—Peyton Manning is second with 12—and set a total of 15 Super Bowl records.

Tom Brady, New England Patriots
Tom Brady #12 of the New England Patriots looks on in the AFC Wild Card Playoff game against the Tennessee Titans at Gillette Stadium on January 4 in Foxborough, Massachusetts. Brady signed for the Tampa Bay Buccaneers on Friday after two decades in New England. Adam Glanzman/Getty