This morning, the AL Cy Young conversation had one clear answer. By this afternoon, it's wide open all of a sudden.

Tarik Skubal was scratched from his start against Boston and the Tigers announced he needs elbow surgery to remove loose bodies, with no set return date. Through seven starts this season, he carried a 2.70 ERA with 45 strikeouts in 43 and one-third innings. He had won the award in back-to-back seasons. He was, by most measures, the best pitcher in baseball. Now he is sitting in a surgical consult, and the race he was supposed to run away with is starting over.

The Kalshi AL Cy Young market , which has logged $729,185 in volume, felt the shift before the news cycle could catch up. Skubal dropped 29 points in a matter of hours.…