Derrick Henry

Baltimore Ravens, Running Back
Age: 31y-1m-16d (Jan 04, 1994)
Exp: 8 Years
Country: US
College: Alabama
Drafted: Round 2 (#45 overall), 2016
Agent(s): Todd France (Athletes First)
2025 Cap Hit

$12,895,000

2025 Cash

$7,000,000

Career Earnings

$67,407,928

2024-2025 Free Agent (CURRENT)

Derrick Henry signed a 2 year, $16,000,000 contract with the Baltimore Ravens, including $7,790,000 signing bonus, $9,000,000 guaranteed, and an average annual salary of $8,000,000. In 2025, Henry will earn a base salary of $6,000,000 and a roster bonus of $1,000,000, while carrying a cap hit of $12,895,000 and a dead cap value of $3,895,000.
Contract Terms:
2 yr(s) / $16,000,000
Average Salary:
$8,000,000
Signing Bonus:
$7,790,000
GTD at Sign:
$9,000,000
Total GTD:
$9,000,000
Free Agent:
2026 / UFA
MANAGE CONTRACT
Year Age Cap HitAnnual Cap % League Cap Cash Annual Cash Cumulative Dead Cap Annual
2024 30 $5,105,000 2.00% $11,000,000 $11,000,000 $9,000,000
POTENTIAL OUT: 2025, 1 YR, $11,000,000; $3,895,000 DEAD CAP
2025 31 $12,895,000 4.69% $7,000,000 $18,000,000 $3,895,000
2026 32
UFA
Year Age Base P5 Salary Signing Proration Roster Bonus Incentives Likely Cap Hit Cap % League Cap Dead Cap
2024 30 $1,210,000 $3,895,000 - - $5,105,000 2.00% $9,000,000
POTENTIAL OUT: 2025, 1 YR, $11,000,000; $3,895,000 DEAD CAP
2025 31 $6,000,000 $3,895,000 $1,000,000 $2,000,000 $12,895,000 4.69% $3,895,000
2026 32
UFA
Year Age Base P5 Salary Signing Bonus Roster Bonus Cash Total Cash Cumulative Cash Remaining
2024 30 $1,210,000 $7,790,000 - $11,000,000 $11,000,000 $18,000,000
POTENTIAL OUT: 2025, 1 YR, $11,000,000; $3,895,000 DEAD CAP
2025 31 $6,000,000 - $1,000,000 $7,000,000 $18,000,000 $7,000,000
Contract Notes
  • $9M guaranteed (signing bonus + 2024 salary)
  • 2025 Roster Bonus: $1M (5th league day of 2025)
  • Incentives
    1200 Rush Yards: $500,000
    1500 Rush Yards: $500,000
    13 Total TDs: $500,000
    15 Total TDs: $500,000
    1000 Rush Yds + Super Bowl Win: $500,000
Source: NFL contract specifics generally collected from verified reports.

2020-2023 Franchise Tag Extension

Contract Terms:
4 yr(s) / $50,000,000
Average Salary:
$12,500,000
Signing Bonus:
$12,000,000
GTD at Sign:
$25,500,000
Total GTD:
$25,500,000
Free Agent:
2024 / UFA
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2020-2020 Franchise Tag

Contract Terms:
1 yr(s) / $10,278,000
Average Salary:
$10,278,000
Signing Bonus:
N/A
GTD at Sign:
$10,278,000
Total GTD:
$10,278,000
Free Agent:
2021 / UFA
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2016-2019 Rookie

Contract Terms:
4 yr(s) / $5,407,928
Average Salary:
$1,351,982
Signing Bonus:
$2,133,038
GTD at Sign:
$2,828,853
Total GTD:
$2,828,853
Free Agent:
2020 / UFA
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Seasons

8 Years

Career Earnings thru 2025

$67,407,928

Earnings w/ Different Teams

2 teams

Earnings Per Year

Year Age Team(s) Status Cash Total Cash Cumulative Awards
2016 22
Active
$2,583,038
$2,583,038
2017 23
Active
$695,815
$3,278,853
2018 24
Active
$941,630
$4,220,483
2019 25
Active
$1,187,445
$5,407,928
2020 26
Active
$15,500,000
$20,907,928
 OPOY
2021 27
Active
$10,500,000
$31,407,928
2022 28
Active
$14,500,000
$45,907,928
2023 29
Active
$10,500,000
$56,407,928
 Afc Pro Bowl:RB
2024 30
Active
$11,000,000
$67,407,928
 Afc Pro Bowl:RB All NFL (2nd)
Total      
$67,407,928
$67,407,928
2025 31
Active
$7,000,000
Total
$74,407,928

Earnings Per Team

Years Team Base Signing Roster Restructure Option Incentives Cash Cumulative
8 $31,274,890 $14,133,038 $1,000,000 $9,000,000 - $1,000,000 $56,407,928
1 $1,210,000 $7,790,000 - - - $2,000,000 $11,000,000
Year Team(s) Age Base Signing Roster Restructure Option Workout Incentives Cash Total Cash Cumulative
2016
22
$450,000
$2,133,038
$2,583,038
$2,583,038
2017
23
$695,815
$695,815
$3,278,853
2018
24
$941,630
$941,630
$4,220,483
2019
25
$1,187,445
$1,187,445
$5,407,928
2020
26
$3,000,000
$12,000,000
$500,000
$15,500,000
$20,907,928
2021
27
$10,500,000
$10,500,000
$31,407,928
2022
28
$4,000,000
$9,000,000
$1,000,000
$500,000
$14,500,000
$45,907,928
2023
29
$10,500,000
$10,500,000
$56,407,928
2024
30
$1,210,000
$7,790,000
$2,000,000
$11,000,000
$67,407,928
Total
$32,484,890
$21,923,038
$9,000,000
$1,000,000
$3,000,000
$67,407,928
$67,407,928
2025
31
$6,000,000
$1,000,000
$7,000,000
Total
$38,484,890
$21,923,038
$9,000,000
$2,000,000
$3,000,000
$74,407,928

Earnings Per Team

Years Team Base Signing Roster Restructure Option Incentives Cash Cumulative
8 $31,274,890 $14,133,038 $1,000,000 $9,000,000 - $1,000,000 $56,407,928
1 $1,210,000 $7,790,000 - - - $2,000,000 $11,000,000

Injuries

Year Weeks Reason
2021 TEN 9 - 18 Foot
  • Mar 12, 2024 Signed a 2 year $16 million contract with Baltimore (BAL)
  • Sep 01, 2022 Signed a restructured contract with Tennessee (TEN), clearing $5.2M of cap space
  • Jul 15, 2020 Signed a 4 year $50 million contract extension with Tennessee (TEN)
  • Mar 16, 2020 Signed a 1 year $10.278 million franchise tag by Tennessee (TEN)
  • Sep 13, 2019 Fined $10,527 Excessive face mask against Cleveland (CLE)
  • May 09, 2016 Signed a 4 year $5.4 million contract with Tennessee (TEN)
  • Apr 29, 2016 Drafted by Tennessee (TEN): Round 2 (#45 overall)

Fines

Date Reason Fine Amount
Sep 13, 2019 Excessive face mask against Cleveland (CLE) $10,527
Fines: 1 $10,527
Year Team GP GS Snaps Snaps% Rush Attempts Rush Yards Rush Yards/Gm Rush Touchdowns Rec Targets Rec Receptions Rec Yards Rec Yards/Rec Rec Yards/Gm Rec Touchdowns Fum
2024 BAL 17 17 635 57.20 325 1,921 113.0 16 22 19 193 10.2 11.4 2 3
2023 TEN 17 17 558 53.10 280 1,167 68.6 12 36 28 214 7.6 12.6 0 0
2022 TEN 16 16 648 62.60 349 1,538 96.1 13 41 33 398 12.1 24.9 0 6
2021 TEN 8 8 411 71.10 219 937 117.1 10 20 18 154 8.6 19.3 0 1
2020 TEN 16 16 704 65.70 378 2,027 126.7 17 31 19 114 6.0 7.1 0 3
2019 TEN 15 15 602 59.20 303 1,540 102.7 16 24 18 206 11.4 13.7 2 5
2018 TEN 16 12 403 40.90 215 1,059 66.2 12 18 15 99 6.6 6.2 0 1
2017 TEN 16 2 411 40.10 176 744 46.5 5 17 11 136 12.4 8.5 1 1
2016 TEN 15 2 270 25.40 110 490 32.7 5 15 13 137 10.5 9.1 0 0

Calculated Market Value

$13.8M Avg. Annual Salary

Market Value

  • 2 years, $27,516,916
  • Avg. Salary: $13,758,458
  • NFL Rank: 163
  • RB Rank: 2

Current Contract

  • Free Agent: 2026
  • Avg. Salary: $8,000,000
  • NFL Rank: 271
  • RB Rank: 11

Comparable Players

We've selected the following players based on their age, contract status, and statistical production to compare Derrick Henry to.

Player Length Value Avg. Salary Age When Signed
David Montgomery 2 $18,250,000 $9,125,000 27
James Conner 2 $19,000,000 $9,500,000 29
Saquon Barkley 3 $37,750,000 $12,583,333 27
Josh Jacobs 4 $48,000,000 $12,000,000 26
Averages 3 $30,750,000 $10,802,083 27.3

Base Calculated Value

After adjusting the above contracts as if signed at Henry's current age (31), a linear regression is performed, providing us with the following initial value.

Length Value Avg. Salary
3 $34,522,728 $11,507,576

Statistical Comparisons

Now we'll compare our variables and Henry statistically over the two seasons prior to their signing. In this case we're analyzing: GP%, Rush Yds/Gm, Rush TD/Gm, Rec/Gm, Fum/Gm, Rating

Player GP% Rush Yds/Gm Rush TD/Gm Rec/Gm Fum/Gm Rating
David Montgomery
2022-2023
 88.24 60.53 0.60 1.67 0.13 73.95
James Conner
2022-2023
 76.47 70.08 0.54 2.81 0.12 79.45
Saquon Barkley
2022-2023
 88.24 75.80 0.53 3.27 0.10 73.75
Josh Jacobs
2022-2023
 88.24 81.93 0.60 3.00 0.20 78.30
Average 85.30 72.09 0.57 2.69 0.14 76.36
Derrick Henry
2023-2024
 100.00 90.82 0.82 1.38 0.09 92.15
Pct Change 17.23 25.98 43.86 -48.70 35.71 20.68
Median Prime % Change 23.33%
Average Prime % Change 15.79%

Calculated Market Value: Derrick Henry

After applying our Prime % figures into our base calculated value, we're given two values. The average of these values becomes our current calculated market value.

Terms Avg. Salary
2 years, $27,516,916 $13,758,458

FEATURED PLAYER NEWS

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NFL Contract Extension Candidates

Spotrac has identified one player from each of the 32 teams we consider a contract extension candidate in the coming weeks & months plus a few honorable mentions for each where applicable.

TRANSACTIONS

Mar 12, 2024
Signed a 2 year $16 million contract with Baltimore (BAL)
Sep 01, 2022
Signed a restructured contract with Tennessee (TEN), clearing $5.2M of cap space
Jul 15, 2020
Signed a 4 year $50 million contract extension with Tennessee (TEN)
Mar 16, 2020
Signed a 1 year $10.278 million franchise tag by Tennessee (TEN)
Sep 13, 2019
Fined $10,527 Excessive face mask against Cleveland (CLE)
May 09, 2016
Signed a 4 year $5.4 million contract with Tennessee (TEN)
Apr 29, 2016
Drafted by Tennessee (TEN): Round 2 (#45 overall)

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