MVP (acronym) Type: noun, slang, acronym Pronunciation: /m-v-p/ Also spelled: M.V.P. Plural: MVP’s Related: NBA What does MVP mean and stand for? Most Valuable Player. MVP in songs: “They chant “MVP” when I shoot a free throw” – Lil Wayne, Ransom. “MVP, shit, this is where the trophies at” – Dr. Dre, Talk About It. […]