Short for MVP in American Sports?, the abbreviation for “American Sports Player of the Year” is MVP, which stands for “Most Valuable Player in Sports”. This title is given to the athlete who has performed best in a particular season, competition or tournament and has been critical to the success of his team. The MVP award is given in several American sports, including basketball (NBA), American football (NFL), baseball (MLB), and field hockey (NHL). The winner of the MVP award is considered the best player of that particular season in their respective sport.