NFL futures: Updated model projections, Week 2 power rankings, Super Bowl value picks and more

Arguably the biggest move of the NFL offseason was the trade that sent Russell Wilson from the Seattle Seahawks to the Denver Broncos. The split between Wilson and Seattle wasn't entirely amicable, and naturally the 2022 schedule called for the two teams to meet to open the season. Denver went to Seattle for Wilson's homecoming and was defeated by Seattle 17-16, thanks in part to highly questionable clock management by new Broncos head coach Nathaniel Hackett in the game's waning moments. 

Being an NFL coach is hard. Really, really hard. Nobody would ever deny that. But every now and then, a moment arises in which the entire football-watching world is utterly convinced that they would do a better job than whatever poor soul with a headset has just embarrassed himself on live television. 

Wilson marched the Broncos up the field in a last-ditch effort for the win. Running back Javonte Williams was tackled at the 46-yard line, making it fourth-and-5 with 1:01 to play. Hackett still had all three of his timeouts. The whole world watched in horror as the game clock ticked all the way down to 20 seconds before Hackett finally called a timeout -- and then sent out his kicker to attempt a 64-yard field goal, rather than trust his Hall-of-Fame quarterback to move the ball five yards. It was perhaps the most inglorious coaching debut since Matt Patricia's 48-17 thrashing at the hands of the Jets in 2018.

The Broncos play in the AFC West, arguably the most competitive division in the sports. A loss like this makes it that much harder to keep pace with the likes of the Chiefs, Chargers and Raiders. How does this Week 1 embarrassment impact Denver's playoff hopes, to say nothing of their dreams of a Super Bowl? Find out below.

Updated NFL futures odds from Caesars Sportsbook list the Bills as the favorite to win a ring at +500, followed by the Buccaneers at +700, the Chiefs at +800, and the Chargers at +1300. The reigning champs, the Rams, are +1400, and Aaron Rodgers' Packers are +1500. 

Before you place any futures bets on who wins the Super Bowl and each conference or division, you need to see what the SportsLine Projection Model has to say.

The model, which simulates every NFL game 10,000 times, is up more than $7,500 for $100 players on top-rated NFL picks since its inception. The model enters Week 2 of the 2022 NFL season on an incredible 139-98 run on top-rated NFL picks that dates back to the 2017 season.

The model also ranked in the top 10 on NFLPickWatch four of the past six years on straight-up NFL picks and beat more than 94% of CBS Sports Football Pick'em players four times during that span. Anyone who has followed it is way up.

Below, you can find the power ranking for all 32 teams based on the model's "neutral sim%," which is calculated based on the number of simulations they win playing healthy (in February) vs. every other team on a neutral field. You'll also find the simulation's projection for how often each team wins their division, conference and the Super Bowl, compared to the current available odds, along with notes from the model's creator, Stephen Oh.

How far did the Broncos and Cowboys fall after their Week 1 losses? And which team is the best value to win the Super Bowl? ... Join SportsLine right now to see Week 2 power rankings from the proven NFL model which has delivered consistent positive value on its picks!