Baltimore Ravens hold the strongest consensus at 49% as the primary AFC North favorite heading into 2026, driven by Lamar Jackson's return to health and a favorable schedule after their 8-9 finish in 2025. A new coaching staff led by Jesse Minter replaces longtime head coach John Harbaugh, with added emphasis on defensive improvements and offensive line stability expected to restore division contention. Cincinnati Bengals sit at 33.5% on the strength of a healthy Joe Burrow, elite receiver duo, and defensive roster investments that address prior weaknesses, positioning them as the closest challenger with a projected win total near 10.5. Pittsburgh Steelers at 13.5% face transition uncertainty following Mike Tomlin's departure and Mike McCarthy's arrival alongside Aaron Rodgers, while Cleveland Browns trail at 2.1% amid ongoing roster challenges. Trader pricing reflects these recent coaching shifts and roster health factors as the key variables shaping implied probabilities.