NFL Contract Notes: Henry, Barkley, Smith, Reddick, Hubbard

Ravens running back Derrick Henry has been enjoying a phenomenal first season in Baltimore. The team signed him to a two-year, $16MM deal that saw him receive $9MM in cash in the first year. Henry’s deal also came with five $500K incentives.

His incentives are maxed out at $2MM, so he can only cash in on four of those five incentives, per Mike Garafolo of NFL Network. So far this year, Henry has hit on three incentives: 1,200 rushing yards, 13 total touchdowns, and 15 total touchdowns.

The remaining two incentives would require him to reach 1,500 rushing yards or would require the team to win the Super Bowl. While the Ravens still have a ways to go in order to get to the big game, Henry only needs 93 yards in the team’s final four games in order to max out his incentives.

Here are a few other contract notes from around the NFL:

  • Eagles running back Saquon Barkley also is tracking down some incentives. Smartly, none of Barkley’s incentives revolve around rushing touchdowns, thanks to the infamous “tush push,” per Garafolo and Ian Rapoport. Barkley will earn $250K if he reaches 1,500 scrimmage yards (he’s 36 yards away from that total after today’s game in Baltimore) and an additional $250K if he reaches 2,000. Additionally, each incentive acts as an escalator for next year’s base salary, adding a potential $1MM to his total contract value. He also would receive $250K for a second-team All-Pro or Pro Bowl selection and $500K for a first-team All-Pro selection. That incentive would act as an escalator for next year, as well. Lastly, Barkley would earn $250K each for victories in the NFC Championship Game and the Super Bowl.
  • Jets left tackle Tyron Smith may have just been placed on injured reserve, but his health up to that point had been paying dividends. His recent injury history required him to settle for a heavily incentivized contract with only $6.5MM in base salary and $12MM in playing time incentives. By playing every snap through nine games, Smith essentially qualified for the 50% of offensive snaps threshold that earns him $2.75MM. Every additional game after that would essentially net him an additional $1MM, per ESPN’s Rich Cimini, with the final five games being worth $1.25MM per week. Unfortunately, he only fit one game in before moving to IR. He could make his way back to earn a couple more incentives, but New York may prefer to get an extended look at their tackle of the future, Olu Fashanu, instead.
  • Also in New York, pass rusher Haason Reddick still has an opportunity to earn some playing time incentives after ending his holdout, per Cimini. Through the four games (before today) Reddick has appeared in, he has played 179 of 275 defensive snaps, good for about 43 percent. If he can keep that percentage over 40, he’ll earn a $791,628 incentive bonus, but his last two games have seen him only play 37 percent of the team’s snaps, so that bonus may be in danger. Reddick could also earn a $500K bonus if he reaches eight sacks, but with only 0.5 sacks through five games with only five more remaining, that incentive feels out of reach.
  • Lastly, we saw the Panthers reward running back Chuba Hubbard with a recent four-year, $33.2MM extension. Per our friends at OvertheCap.com, the deal comes with a signing bonus of $7.71MM and only sees the first year’s base salary guaranteed.
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