Billie Weiss/Boston Red Sox/Getty ImagesNow that the finalists for Major League Baseball's awards have been announced Kelvin Herrera Jersey , oddsmakers have released the latest betting lines for who will take home the hardware.Per Bovada (h/t B/R Betting), Mookie Betts of the Boston Red Sox and Christian Yelich of the Milwaukee Brewers are the favorites to be named American League and National League MVP:B/R Betting br_bettingUpdated MLB Awards favorites from BovadaAL MVP: Mookie Betts (-550)AL Cy Young: Blake Snell (-240)AL ROY: Shohei Ohtani (-225)NL MVP: Christian Yelich (-550)NL Cy Young: Jacob deGrom (-500)NL ROY: Ronald Acuna (-300) 64HyFh8Gq0The closest race is for American League Rookie of the Year, which has Los Angeles Angels two-way star Shohei Ohtani at -250 (bet $250 to win $100).Ohtani led all AL rookies with 3.8FanGraphswins above replacement (2.8 as an outfielder; 1.0 as a pitcher). Among rookies in the AL with at least 300 plate appearances, the Japanese sensationled the waywith a .361 on-base percentage and .564 slugging percentage.New York Yankees infielders Miguel Andujar (.297/.328/.527) and Gleyber Torres (.271/.340/.480) are Ohtani's competitors for the award. Andujar tied for the AL rookie lead with 27 homers and tied for third in MLB with 47 doubles.Cy Young favoritesBlake Snell of the Tampa Bay Rays (-240) and Jacob deGrom of the New York Mets (-500) were theonly qualified starterswith sub-2.00 ERA totals. Both pitchers would make history if they walk away with the awards.DeGrom finished 2018 with 10 wins, despite posting a 1.70 ERA. Felix Hernandez currentlyholds the record for fewest winsin a full season by a starting pitcher to win the Cy Young (13 in 2010).Thefewest innings pitchedin a 162-game season by a starting pitcher to win the Cy Young award was Clayton Kershaw with 198.1 in 2014. Snell only threw 180.2 innings for the Rays in 31 starts http://www.royalsfanproshop.com/authentic-alcides-escobar-jersey , though he made them count with an AL-best 1.89 ERA.Betts led MLB with 10.4FanGraphswins above replacement, .346 batting average and .640 slugging percentage. His .438 on-base percentage ranked second to fellow AL MVP finalist Mike Trout.Yelich led the NL with a .326 batting average and .598 slugging percentage. The 26-year-old caught fire down the stretch, hitting .367/.449/.770 after the All-Star break and .370/.508/.804 in September to help Milwaukee surpass the Chicago Cubs, who also have an NL MVP finalist in Javier Baez, for the franchise's first NL Central title since 2011. Stephen Brashear/Getty ImagesThe Seattle Mariners and managerScott Servais have reached an agreement on a multiyear extension.The team announced the move Friday as the second half of the MLB season gets underway. General managerJerry Dipoto issued a statement:Seattle Mariners MarinersJerry Dipoto on the extension for Scott Servais: NAsECZX5gUServais has become the franchise's fourth-winningest manager since taking over ahead of the 2016 season. He has gone 222-199 (.527) in two-plus seasons on the job Jason Hammel Jersey , and while he hasn't yet been able to snap the organization's long playoff drought, he has had his team in contention.The Mariners battled for a playoff spot until the eve of the regular-season finale in 2016. They finished in third place in the American League West last year with a record of 78-84.This year, though, the 51-year-old skipper has his club in position to make the postseason for the first time since 2001.Seattle enters the second half at 58-39. While they trail the Houston Astros by five games in the AL West, the Mariners hold a three-game lead in the race for the second wild-card spot. Servais deserves some credit for the success.The Mariners have continued to pile up wins even without key players. All-Star second baseman Robinson Cano wassuspendedfor 80 games in May http://www.royalsfanproshop.com/authentic-jorge-soler-jersey , while pitchers Felix Hernandez (the 2010AL Cy Young winner)and James Paxton (who threw a no-hitter in May) are both on the disabled list.Seattle still has to battle for a playoff spot, but Servais can now do so without feeling as though he's managing for his job down the stretch.