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2025 MLB Awards Watch: MVP, Cy Young and more for May

With Memorial Day weekend behind us, the 2025 MLB season has taken shape. The exact outlines will change, but we're past the point where teams and observers can dismiss anything with the "it's early" wave of the hand.

That is true for the 30 teams at this first major traditional checkpoint of a baseball season, but it's also true for players, many of whom have seen enough action that from a statistical standpoint, their rates have stabilized. That makes this a perfect time to take our first glimpse at how the awards races are shaping up.

So as we check in with our initial Awards Watch rankings of the season, we see much that looks similar to where we left off in 2024.