Bookies think Colin Kaepernick's got pretty good odds of taking home TIME magazine's "Person of the Year" award for 2017 -- but Larry King really doesn't like Kaep's chances.
We got Larry leaving Craig's in L.A. ... and he seemed legit shocked when we told him the NFL icon was a top candidate.
As for who he does like for the honor -- "I think the 'Person of the Year' will be (Robert) Mueller ... or (Vladimir) Putin," King told TMZ Sports.