Philip Rivers Odds: Will Philip Rivers Play For An NFL Team This Season?

Dylan Wilkerson Sports Betting Expert

8 minute read

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The Indianapolis Colts have been dealt with a few quarterback injuries. Daniel Jones ruptured his achilles and is out for the season, and backup Riley Leonard suffered a knee injury when he came in for relief of Jones against the Jags.

This led to the Colts signing veteran Philip Rivers as reported by ESPN. Philip Rivers is 44 years old and a grandfather. Rivers has not played professional football since 2020, where he threw for 4,169 yards, 24 TDs and 11 INTs. Philip Rivers was signed to the Colts' practice squad, and Riley Leonard is listed as questionable for their matchup against the Seahawks.

Updated on 12/10/25

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Will Philip Rivers Play For Any NFL Team This Season?

Kalshi currently offers odds on whether or not Philip Rivers will play a snap for any NFL team this season. This seems like it will happen since the Colts' signed him to their practice squad, but There is a real possibility that Leonard is ready to go and Rivers is only an insurance policy. However, if Leonard does end up playing and he gets seriously injured Rivers could see the field.

Here are the current odds for Whether or not Philip Rivers will play for any pro football team this season (via Kalshi):

• Yes (76%)
• No (24%)

It is important to read the rules of markets on Kalshi closely. Philip Rivers will have to PLAY in a professional football game before February 9th, 2026. Just being on a team does not matter.

Philip Rivers Won't See The Field

In my opinion, I think it is unlikely that Rivers sees the field and this signing is more of an insurance policy than anything else. With the current share price of "No" being 24 cents, I think there is value here as the actual price should probably be closer to 50/50. I don't think Rivers plays this week, so it would be contingent on Leonard's health for the rest of the season to see if this market resolves "yes".

Curious how these share prices and probabilities equate to traditional sports betting odds? Check out our prediction market odds converter. Kalshi odds measure user sentiment, check out our Kalshi referral code if you would like to get in on the action. Our list of the best prediction markets allow you to get in on the action with whatever app you wish.

Dylan Wilkerson

Dylan Wilkerson has over 5 years of experience reporting and analyzing the sports betting industry for various sites. His portfolio includes work for SportsHandle and Action Network, in addition to VegasInsider. His favorite sports are the NFL, College Football, The PGA Tour, the LIV Tour, and Cricket. Dylan has a broad and deep understanding of various sports-related topics. More from Dylan Wilkerson