Many candidates this year, but I believe that Derrick Rose will win his first MVP. He will be the youngest player to win a MVP award in the MVP as well. He helped lead the Bulls clinch the #1 seed in the Eastern Conference, and his stats are pretty good. He's averaging 26 points and 8 assists I believe.
Other notable candidates (in my opinion) would be Dwight Howard, Kevin Durant, Kobe, LeBron, Amare, Dirk, and Wade.