Yesterday I received updated Super Bowl odds that take into account all of the latest free agency moves made by each team in the NFL. When I quickly perused them to see where the Saints stood, I was shocked - SHOCKED! - to see where Vegas had ranked them.

The Saints are currently 16/1 favorites to win it all in 2011, the same odds as the Ravens and Cowboys. But they're behind seven other teams with better odds. Seven! I know I'm a homer and look at the NFL through black & gold colored glasses but I could name maybe only three teams that I'd claim were better than the Saints.

Most glaring is the Falcons. That's right...the Falcons are more favored to take home the Lombardi Trophy than the Saints, a team that just accomplished the feat two years ago. Chew on that for a bit. I would also assume that to mean they think the Birds will take the division as well. 

Also making a huge jump, becoming the third highest favored team in the league, are the Eagles. Their odds of winning the Super Bowl are 8/1, right behind the defending champion Packers at 7/1. Of course that's got to be based purely on the big time off-season moves they've been making in free agency. 

And every year - every $&%*# year! - against all common sense, the Chargers manage to slime their way to the top of lists like these without any logical reasoning. They didn't even make the playoffs last year, yet there they are right smack dab in the middle of seven playoff teams from 2010 as the fourth most favored team to win the Super Bowl. Why people have continued to overrate the Chargers for the past three or four years is one of life's great mysteries. I just don't get it and I'm not sure I ever will.

The Panthers are 150/1 longshot. 

Anyway, you can see the complete updated Super Bowl odds below. 

Odds to win the 2012 Super Bowl XLVI (Current)

New England Patriots                 13/2

Green Bay Packers                    7/1

Philadelphia Eagles                    8/1

San Diego Chargers                   11/1

New York Jets                           12/1

Atlanta Falcons                         14/1

Pittsburgh Steelers                    14/1

Baltimore Ravens                       16/1

Dallas Cowboys                         16/1

New Orleans Saints                   16/1

Indianapolis Colts                       18/1

New York Giants                        25/1

Chicago Bears                           28/1

Houston Texans                         28/1

Detroit Lions                              30/1

Minnesota Vikings                     30/1

Tampa Bay Buccaneers             30/1

Kansas City Chiefs                    40/1

St. Louis Rams                          40/1

San Francisco 49ers                  50/1

Miami Dolphins                          55/1

Arizona Cardinals                       65/1

Oakland Raiders                        65/1

Jacksonville Jaguars                   75/1

Tennessee Titans                       75/1

Cleveland Browns                       80/1

Denver Broncos                         80/1

Seattle Seahawks                      80/1

Cincinnati Bengals                     100/1

Washington Redskins                100/1

Buffalo Bills                               150/1

Carolina Panthers                      150/1