Belt Holders
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State of the AFL belt

Updated October 3, 2026
—Chance to win the next defense
—No schedule on file
—Teams with a 1%+ shot
#1Holder's Elo rank

Season outlook

Brisbane Lions holds the belt through the offseason. The next defense is the first game on Brisbane Lions’ 2027 schedule, once its schedule is out. The outlook comes back as soon as the next schedule is out.

Elo power ranking

#TeamElo
1Brisbane Lions Holder1712
2Fremantle1674
3Geelong1659
4Sydney Swans1655
5Hawthorn1635
6Adelaide Crows1606
7Collingwood1558
8Carlton1557
9Western Bulldogs1551
10Melbourne1523
11GWS Giants1499
12Gold Coast Suns1469
13St Kilda1434
14Port Adelaide1403
15North Melbourne1373
16Essendon1239

How the numbers work

Every team gets an Elo rating built from every game in the record, not just belt games. Wins against good teams count more; bigger margins count a little more in football and basketball. Home teams get a bump worth about 50 rating points, and between seasons each rating slides a third of the way back toward average.

The chance to defend comes straight from the two ratings. The outlook plays the rest of the schedule thousands of times. They're honest rough odds, not betting lines.

Know the second a belt changes hands

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