Steelers Super Bowl odds unchanged after Russell Wilson signing

The Pittsburgh Steelers' odds to win the Super Bowl have not changed after signing veteran quarterback Russell Wilson.

Quarterback Russell Wilson (3) before the game.
Quarterback Russell Wilson (3) before the game. / Ron Chenoy-USA TODAY Sports

The Pittsburgh Steelers made their move for a veteran quarterback, reportedly agreeing to a deal with former Denver Broncos and Seattle Seahawks quarterback Russell Wilson. 

Adding Wilson gives the team a veteran with Super Bowl experience to compete with former first-round pick Kenny Pickett, but oddsmakers aren’t sold on Wilson moving the needle for Pittsburgh. 

At DraftKings’ Sportsbook, the Steelers’ odds to win the Super Bowl remained unchanged despite him signing with the franchise. Pittsburgh is +7500 to win it all in the 2024 season. 

Wilson failed to bring Denver to the playoffs in each of his two seasons with the team, but he could have more success in Pittsburgh with a team that made the playoffs in 2023 despite being forced to play third-string quarterback Mason Rudolph down the stretch of the season. 

With Mitch Trubisky no longer with the franchise, the Steelers have improved their quarterback room – no matter how you feel about Wilson – by adding the former Super Bowl champion.

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Steelers Odds to Win Super Bowl 59

There isn't all bad news with the Steelers an their Super Bowl odds. The team has moved from +10000 to +7500 since the start of the offseason, a sign that oddsmakers anticipated a quarterback move long before Wilson's signing with the team.

Plus, there isn't a guarantee -- at this point -- that Wilson is the starter come Week 1.

Pickett could certainly still win the job, although the young quarterback hasn't been as impressive as the Steelers likely would have hoped in his first two NFL seasons. All in all, it's a low-risk move for Pittsburgh that could see a major boost if Wilson finds his form from his playing days in Seattle.

The Steelers are in a tough AFC North division, sitting dead last in the odds to win the division title this season. It's possible the team could make a playoff push -- and maybe a division title push -- once again with improved quarterback play in 2024.

Odds refresh periodically and are subject to change.

Find Peter Dewey's betting record here.