The Calhoun County Courthouse ruling on Feb. 12 cleared Chambliss to return to Ole Miss for 2026, prompting sportsbooks to adjust Heisman odds. On BetOnline he is +650, just behind Texas QB Arch Manning at +550, while Kalshi lists him at 16% probability, edging Manning’s 15% and Notre Dame’s CJ Carr at 13%.
Chambliss finished eighth in the 2025 Heisman voting, throwing for 3,937 yards and 22 touchdowns and adding 527 rushing yards with eight rushing touchdowns. The 2026 race also features returning stars like Ohio State’s Julian Sayin, Ohio State receiver Jeremiah Smith and Georgia’s Gunner Stockton.