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:

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%.