The National Basketball Association Most Valuable Player (MVP) is an annual National Basketball Association (NBA) award given since the 1955–56 NBA season to the best performing player of the regular season. The winner receives the Maurice Podoloff Trophy, which is named in honor of the first NBA commissioner (then president) of the NBA who served from 1946 until his retirement in 1963. Until the 1979–80 season, the MVP was selected by a vote of NBA players. Since the 1980–81 season, the award is decided by a panel of sportswriters and broadcasters throughout the United States and Canada, each of whom casts a vote for first to fifth place selections. Each first-place vote is worth 10 points; each second-place vote is worth seven; each third-place vote is worth five, fourth-place is worth three and fifth-place is worth one. Starting from 2010, one ballot was cast by fans through online voting. The player with the highest point total wins the award. As of May 2016[update], the current holder of the award is Stephen Curry, who won both the 2015 and 2016 MVP Awards.
Every player who has won this award that is eligible for the Naismith Memorial Basketball Hall of Fame has been inducted. Kareem Abdul-Jabbar won the award a record six times. Both Bill Russell and Michael Jordan won the award five times, while Wilt Chamberlain and LeBron James won the award four times in their respective careers. Russell and James are the only players to have won the award four times in five seasons.Moses Malone, Larry Bird and Magic Johnson each won the award three times, while Bob Pettit, Karl Malone, Tim Duncan, Steve Nash and Stephen Curry have each won it twice. Only two rookies have won the award: Wilt Chamberlain in the 1959–60 season and Wes Unseld in the 1968–69 season.