Derrick Henry Reportedly Agrees to 2-Year, $16M Deal with Ravens in Free Agency Following Departure from Titans
The Baltimore Ravens are set to bolster their backfield with one of the premier running backs in the NFL over the next two seasons.
According to a report by ESPN’s Adam Schefter on Tuesday, the Ravens have reached a two-year agreement with star running back Derrick Henry. The contract is said to be valued at $16 million, with potential earnings reaching up to $20 million. Henry is guaranteed $9 million in the first year of the contract, as per Schefter’s sources.
Henry himself confirmed the deal via his X account.
Having spent the initial eight years of his NFL career with the Tennessee Titans, Henry has established himself as a dependable workhorse capable of leading any offense. Following his signing of a four-year, $50 million contract with Tennessee in 2020, Henry carried a $16.4 million cap hit into the 2023 season and subsequently became a free agent at its conclusion.
During the 2023 season, Henry stood out as the shining light in Tennessee’s offense, appearing in all 17 games and ranking second in the NFL with 1,167 rushing yards on a league-high 280 carries, along with 12 touchdowns. He also contributed 28 receptions for 214 yards, earning his fourth career Pro Bowl selection.
Despite Henry’s impressive performances, the Titans ended the season with a disappointing 6-11 record, missing out on the playoffs for the second consecutive year. With head coach Mike Vrabel being relieved of his duties and replaced by former Cincinnati Bengals offensive coordinator Brian Callahan, there was uncertainty about Henry’s future with the team. While Titans general manager Ran Carthon didn’t rule out the possibility of Henry’s return, the running back ultimately chose to explore other options.
Henry’s stellar 2023 campaign followed a strong showing in 2022, where he ranked second in the NFL with 1,538 rushing yards and tied for second with 13 touchdowns. His momentum was slightly interrupted by a mid-season foot fracture in 2021, limiting him to just eight games. Despite the injury setback, Henry managed to accumulate 937 yards and 10 touchdowns on 219 carries.
Henry’s standout 2020 season saw him named NFL Offensive Player of the Year, finishing with 2,027 yards and 17 touchdowns on 378 carries, making him the eighth player in NFL history to achieve a 2,000-yard rushing season.
Drafted in the second round out of Alabama in 2016, Henry has earned accolades such as second-team All-Pro honors in 2019 and first-team All-Pro honors the following year, leading the league in rushing in both seasons.
The addition of Henry undoubtedly strengthens the Ravens’ position as contenders for representing the AFC in the Super Bowl.
