(The Spread) – The updated odds for the 2012 American League Cy Young Award are out and Jered Weaver of the Los Angeles Angels is currently favored.

Weaver has odds of 5/2 to win the 2012 AL Cy Young award, while Chris Sale of the Chicago White Sox and Justin Verlander of the Detroit Tigers are 3/1 to win, respectively. David Price of the Tampa Bay Rays is 5/1, New York Yankees’ ace C.C. Sabathia is 11/2 and C.J. Wilson of the Los Angeles Angels is 10/1.

Continuing with the odds, Wilson’s former teammate with the Texas Rangers, Matt Harrison, is 12/1 to win the AL Cy Young award this season, while Fernando Rodney of the Tampa Bay Rays is 20/1, as is Jake Peavy of the Chicago White Sox and Yu Darvish of Texas.

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Weaver currently leads all American League pitchers in ERA with 1.96 while Sale is second with a 2.19 ERA. Wilson is third in the AL with a 2.43 ERA and Verlander is fourth with a 2.58 ERA. Price and Harrison have the most wins among American League pitches with 11, and Price has a 2.82 ERA and a 1.20 WHIP.

Verlander won the AL Cy Young award last year with a record of 24-5 and an ERA of 2.40. Felix Hernandez of the Mariners wont he Cy Young award in 2010 and Zack Greinke (now with the Brewers) won the 2009 Cy Young.

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