Derrick Henry

Ravens Discussing Lamar Jackson Extension, Eyeing Second Derrick Henry Contract

March 31st, 2025 at 9:03pm CST by Sam Robinson

Lamar Jackson‘s 2023 Ravens extension helped set the market at the time, and as less accomplished quarterbacks have surpassed him in terms of average annual value, it has not been difficult to see the leverage even capable QB1s possess presently. Much more than merely a capable starter, Jackson has three seasons remaining on the deal he signed in April 2023.

That contract took the Ravens and Jackson more than two years to finalize, but it helped a few inferior quarterbacks receive higher AAVs. Jackson exited the 2024 season as the NFL’s ninth-highest-paid QB, and the Ravens saw the Bills take care of Josh Allen despite the reigning MVP’s previous deal running well into the late 2020s. It appears Baltimore is fine following suit.

Teams rarely add years to a player’s deal when three are remaining on it, but Jackson is certainly one of the NFL’s top players. It appears the Ravens are ready to update his contract, as head coach John Harbaugh confirmed internal conversations about a new deal have taken place this offseason (video link). Jackson, 28, still has guaranteed money remaining on his extension. Those guarantees stretch into 2026, but being proactive would benefit the Ravens.

As things stand, Jackson is due to carry a cap charge of $43.5MM next season, keeping in line with the incremental jumps it has seen since his deal was signed. For the 2026 and ’27 campaigns, however, he is scheduled to count for $74.5MM on the Ravens’ cap sheet. Lowering those totals – while, in all likelihood, creating immediate breathing room as well – could be achieved via another extension. Harbaugh did not provide specifics on a timeline, but added a deal will likely get done at some point this offseason.

Extension candidates on Baltimore’s roster include former first-rounders Odafe Oweh, Kyle Hamilton and Tyler Linderbaum. Oweh’s 2025 fifth-year option was picked up last year, and it would come as no surprise if the team took the same route with Hamilton and Linderbaum. Extensions with one or more members of that tandem could very well be in store, and ascending tight end Isaiah Likely is also entering the final year of his rookie contract. Working out a third Jackson accord would help create cost certainty over the short-term future as Ravens aim to keep as many members of their young core in place as possible.

Harbaugh also said on Monday (via The Athletic’s Jeff Zrebiec) he would welcome a Derrick Henry extension. The All-Pro running back joined Baltimore on a two-year deal last offseason, and his debut campaign produced 2,114 scrimmage yards (the second-highest figure of his career) and 18 total touchdowns (which matched his personal high). An extension was raised as a possibility in the wake of the team’s divisional round loss, and Henry has since publicly stated his desire to finish his career in Baltimore.

The 31-year-old has already been paid out a $1MM roster bonus, and he is due a $6MM base salary for 2025. Henry’s scheduled cap charge of just under $12.9MM is more than double what it was last year, and it could be lowered by an extension. Baltimore entered Monday with nearly $12MM in cap space, but the team’s financial breathing space could increase in the relatively near future if new agreements on the Jackson and/or Henry fronts were to be reached.

Adam La Rose contributed to this post.

RB Derrick Henry Hopes To Finish Career With Ravens

February 7th, 2025 at 10:29am CST by Adam La Rose

Derrick Henry‘s debut season with the Ravens exceeded expectations and demonstrated his decorated career is likely to continue for many years. Whenever the All-Pro running back hangs up his cleats, though, he hopes to do so in Baltimore.

When speaking with The Athletic’s Dianna Russini at last night’s NFL Honors ceremony, Henry stated he hopes to retire as a Raven. That comes as little surprise, considering the 31-year-old had one of his best seasons in 2024. Henry’s rushing (1,921) and scrimmage yards (2,114) from the 2025 campaign were the second-highest of his career, and his 18 total touchdowns matched a personal best.

Duplicating that production in 2025 and beyond will be challenging for the longtime Titans star, but he should be able to land a new commitment from the Ravens as early as this offseason. Henry is on the books for next year, but none of his scheduled $6MM base salary is guaranteed (although he does have $1MM in locked in compensation coming in the form of a March roster bonus). The five-time Pro Bowler is currently set to carry a cap hit of $12.9MM in 2025, so an extension could lower that figure while ensuring his Baltimore tenure continues for the foreseeable future.

Ravens general manager Eric DeCosta said after the team’s season came to an end a Henry extension will receive consideration. The team has other offseason priorities on offense – including, most notably, the decision to re-sign or replace left tackle Ronnie Stanley – but making a new commitment in Henry would be feasible from a roster-building and financial perspective. The top of the running back market includes five players averaging at least $12MM per year on their current deals, but a modest raise from the Alabama product’s $8MM AAV could be enough to work out a multi-year accord.

Baltimore’s running back depth chart includes pass-catching specialist Justice Hill (who signed an extension through 2026 in September and totaled a career-high 611 scrimmage yards this season), former UDFA Keaton Mitchell and 2024 fifth-rounder Rasheen Ali. Without a clear-cut RB1 successor in place, Henry should be expected to remain a workhorse back for his new team in 2025 and beyond. His chances of finishing his career with the Ravens – and thus avoiding a second trip to free agency – will of course increase if a new deal can be worked out over the coming months.

Ravens Will Explore Extending Derrick Henry, Re-Signing Ronnie Stanley

January 23rd, 2025 at 2:12pm CST by Nikhil Mehta

The Ravens’ front office is already back to work after their heartbreaking exit from the playoffs last weekend.

General manager Eric DeCosta is exploring an extension for Derrick Henry, who signed a two-year deal to come to Baltimore last offseason, per Jeff Zrebiec of The Athletic. With only $9MM in fully guaranteed money, most of which came in the first year, the contract was seen as a low-risk, high-upside maneuver by the Ravens with an easy out in 2025 if Henry faltered in his age-30 season.

Instead, his $8MM APY proved to be a steal. Henry proved offseason critics wrong with an age-defying debut year in Baltimore, leading all running backs with 16 rushing touchdowns and 5.9 yards per carry. He trailed only Saquon Barkley in total rushing attempts and rushing yards and would likely be seeking a commensurate raise in extension negotiations. The Ravens, meanwhile, would be looking to lower Henry’s $12.9MM 2025 cap hit while keeping him around for an additional season or two. An extension could save Baltimore up to $6.2MM against the 2025 cap, per OverTheCap.

DeCosta also addressed the pending free agency of left tackle Ronnie Stanley (via Zrebiec), who played a full season in 2024 for the first time in his career. The Ravens will explore a new contract for Stanley, who has never returned to the rarified level of play he displayed before his devastating 2020 ankle injury. However, after a long road back with multiple surgeries and other minor injuries, he has provided a steady floor of blind side protection for Lamar Jackson.

His grading from Pro Football Focus (subscription required) in 2024 reflects his solid, but not elite play. His 80.9 pass blocking grate ranks 15th among all starting tackles, but his 40 pressures allowed were the 12th-most. Like the rest of Baltimore’s blockers, he benefits from Jackson’s exceptional sack avoidance; Stanley surrendered just two on the season.

But the Ravens know that even serviceable left tackle play is difficult to come by, which is why they consistently stood by Stanley after his injury. He also took a pay cut before the 2024 season and earned back much of the money via incentives. Now, he will likely be seeking an APY in the $20MM range, similar to deals signed by Dion Dawkins, Taylor Decker, and Garett Bolles in the last year.

DeCosta also mentioned offensive lineman Patrick Mekari, who entered the season at right tackle but ended up starting most games at left guard. Mekari is also hitting free agency, where his five-position versatility could draw plenty of interest, especially now that he’s proven himself as a potential starter at guard. The Ravens love Mekari, an undrafted free agent signing back in 2019 who has played a crucial role in filling the void left by injuries to Stanley and others along the offensive line over the last several years. But he could easily price himself out of Baltimore with starting-level money from another team. It’s unlikely the team would be able to afford both Stanley and Mekari this offseason, but they will likely need to keep one to ensure Jackson’s blind side is covered next year.

The Ravens seem more prepared for the departure of cornerback Brandon Stephens. DeCosta said that he expects Stephens to enter free agency in March, indicating that the team won’t pursue re-signing him before then, according to Zrebiec. Stephens emerged as a starting outside corner in 2023, but took a step back this past year, especially when defending the deep ball. 2024 first-rounder Nate Wiggins is a clear starter for next year, but with Marlon Humphrey excelling in the slot, the Ravens will need to find another starting boundary corner in 2025.

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

December 1st, 2024 at 7:25pm CST by Ely Allen

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.

Jerry Jones Criticizes Cowboys’ Offensive Scheme

October 22nd, 2024 at 9:40pm CST by Nikhil Mehta

Jerry Jones‘ frustration with the Cowboys’ offense boiled over into public criticism of the team’s scheme under head coach Mike McCarthy and offensive coordinator Brian Schottenheimer.

“We’re designing bad plays, or we’re designing bad concepts,” Jones said, per Clarence Hill Jr. of All City DLLS.

The Cowboys finished the 2023 season with the most points and fifth-most yards in the league. Their offense has taken a significant step back this year, ranking 20th in points per game (21.0) and 12th in yards per game (336.5), with an anemic running game producing just 77.2 rushing yards per game and two total touchdowns, both dead-last in the NFL. Dak Prescott is still fourth in the league with 267 passing yards per game, though his six interceptions are the third-most.

However, the Cowboys have not been efficient through the air or on the ground, ranking in the bottom 11 in both EPA/pass and EPA/rush, per NextGen Stats (subscription required). That has especially been an issue in the red zone, where Dallas has converted just six touchdowns on 16 total trips (37.5%), the second-lowest rate in the league.

McCarthy, of course, is the rare HC on a lame-duck contact. Jones cited the wild-card loss to the Packers as the reason why McCarthy is back without an extension. Bill Belichick rumors emerged at different points during the offseason, and this figures to be one of the teams the coaching legend-turned-omnipresent media figure monitors ahead of the 2025 coaching carousel.

The Cowboys declined to add high-level playmakers in free agency or the draft this offseason, re-signing Ezekiel Elliott instead of pursuing Derrick Henry, who leads the league in rushing for the Ravens. Jones was asked about Henry on 105.3 The Fan and shot down any ideas that the All-Pro could have helped the Cowboys’ offense.

“Derrick is having a career year. I don’t know if he’d be having a career year in our situation,” said Jones, via The 33rd Team’s Ari Meirov. “We don’t run that type of offense at all.” Jones also blamed the salary cap for his inability to offer Henry a competitive contract, though his $8MM-per-year average was only the fifth-highest among running back free agent contracts signed this offseason.

Dallas most recently suffered a 47-9 embarrassment at the hands of the Lions, who held the Cowboys to just 251 total yards and a measly 3.9 yards per play while committing five turnovers. They travel to San Francisco in Week 8 to play the 49ers on Sunday, where a win will be paramount to keeping up with the Commanders and the Eagles in the NFC East.

AFC South Notes: Henry, Titans, OL, Jaguars, Peters, Colts, DBs, Smith, Texans

July 26th, 2024 at 5:43pm CST by Sam Robinson

As could be expected, Ran Carthon pushed back on the rumor he was overruled on trading Derrick Henry before last year’s deadline. A recent report said the Titans GM had a deal in place to send Henry elsewhere for a fourth-round pick — one with the potential to become a third — only to be denied. It is worth noting Carthon did not have full autonomy in his first year, with Mike Vrabel still in the mix, but does now. The second-year GM did say (via veteran Titans reporter Paul Kuharsky) multiple teams made offers for the two-time rushing champion last year. Carthon said no agreement was ultimately finalized on a trade. The Ravens were closely connected to the perennial 1,000-yard rusher, and the Titans ultimately agreed to move on this offseason — after a memorable Henry on-field farewell address — leading Henry to Baltimore.

Here is the latest from the AFC South:

Amid a widespread effort to retain their own talent this offseason, the Colts did not make a notable addition at cornerback. They have low-end investments — seventh-rounder Jaylon Jones, UDFA Dallis Flowers — as the primary contenders to start opposite JuJu Brents, while Kenny Moore mans the slot. The Colts are also preparing for 2022 third-rounder Nick Cross to become a full-time starter at safety alongside Julian Blackmon. GM Chris Ballard said (via The Athletic’s James Boyd) the team could “definitely” make a move to add a veteran DB, but that is not the plan right now. Indianapolis will continue to assess its in-house options before diving into the free agent or trade markets here.
Both Brents and right tackle Braden Smith underwent offseason surgery, per Boyd and Fox59’s Mike Chappell. Smith, who is entering his seventh season as Indy’s right tackle, underwent knee surgery this offseason. Brents, a 2023 second-rounder, had cleanup ankle surgery. The Kansas State product missed eight games last season, returning for the Colts’ final four contests after missing the previous six. Smith missed seven games last year. Neither player landed on Indy’s active/PUP list this week.
On the subject of offseason procedures, Titans RT hopeful Nicholas Petit-Frere underwent cleanup knee surgery, per ESPN.com’s Turron Davenport. Petit-Frere, who saw a shoulder malady end his 2023 season shortly after he was reinstated from a gambling suspension, remains on Tennessee’s active/PUP list following the knee procedure. The Titans’ primary RT starter in 2022, Petit-Frere is attempting to reclaim his job under new O-line coach Bill Callahan. The former third-rounder may well be favored to do so.
Adding Stefon Diggs gives the Texans receiving depth to the point multiple trade candidates may emerge. Still, the team sought some additional help by working out former Eagles contributor Greg Ward, KPRC2’s Aaron Wilson notes. A former Houston Cougars QB, Ward has not played in a regular-season game since 2021 and spent part of last season on Philly’s practice squad.
The Jaguars made some notable hires recently, adding longtime Cardinals exec Josh Scobey and recently retired DT Corey Peters to their front office. Both will join the organization as college scouts. Not to be confused with ex-Jacksonville kicker Josh Scobee, Scobey — an ex-NFL running back — spent the past 12 seasons as a Cardinals scout before an offseason separation. He finished his tenure as the team’s director of college scouting. After interviewing with the Titans, Scobey is with the Jags. Peters finished his career with the Jaguars in 2022, joining the team during GM Trent Baalke‘s first season in charge. Peters was with the Cardinals during much of Scobey’s Arizona stay. The Jags also added Mimi Bolden-Morris and Austin Leake as scouting assistants and announced Antonio Robinson‘s elevation to a college scouting post.

Titans GM Ran Carthon Was Overruled On 2023 Derrick Henry Trade

July 18th, 2024 at 10:56pm CST by Adam La Rose

As expected, Derrick Henry‘s Titans tenure came to an end this spring. The two-time rushing champion signed a deal with the Ravens as part of the flood of running back deals worked out early in free agency.

It came as no surprise that Henry would up in Baltimore considering the connections between the two parties which dated back to the 2023 trade deadline. Even after the deadline passed for his contract to be restructured, the Ravens were named as a team to watch on the trade front. No deal was finalized, but an agreement was in place between Baltimore general manager Eric DeCosta and his Tennessee counterpart.

Ran Carthon agreed to a trade price on Henry of a fourth-round pick with the potential to become a third-rounder, Dan Pompei of The Athletic notes (subscription required). He adds, however, that “others in the Titans hierarchy” did not approve of the swap. As a result, Henry finished out the campaign in Tennessee, offering a public, on-field farewell to the organization after the regular season finale.

The news of Carthon being overruled is particularly interesting since he left the door open to a re-signing ahead of free agency. Instead, the Titans were among the teams which moved quickly in adding a different veteran back (Tony Pollard) to pair with Tyjae Spears. That tandem will be tasked with helping second-year quarterback Will Levis develop in his first full season as a starter while Henry begins the second phase of his decorated career.

The 30-year-old took a two-year deal with the Ravens as questions linger with respect to his longevity. Henry’s age is past that at which many high-profile backs begin to slow down, and his massive workload (at least 215 carries in each of the past six seasons) was no doubt a concern for potential free agent suitors. The four-time Pro Bowler will shoulder lead back duties in Baltimore after J.K. Dobbins and Gus Edwards departed in free agency.

Especially with Keaton Mitchell expected to miss the beginning of the 2024 season, Henry will be counted on early and often with his new team. The former Offensive Player of the Year told Pompei he plans to continue his career for the foreseeable future, with his fitness obviously playing a big role in his ability to do so. He did add, though, that winning a Super Bowl could alter his long-term thinking. Henry’s ability to repeat his Tennessee success in Baltimore will be a key storyline to follow as the 2024 season unfolds.

RB Derrick Henry Addresses Ravens Deal

April 10th, 2024 at 4:03pm CST by Adam La Rose

Derrick Henry is in place atop the Ravens’ depth chart entering 2024, after he became one of several running backs who quickly found new homes in free agency. When reflecting on his Baltimore deal, he confirmed that was his preferred destination.

“For the record, Baltimore was always my No. 1 option,” Henry said during an appearance on the Jim Rome Show (audio link). “That’s always where I wanted to go. And like I said, I know the trade talks [during the season], it was almost going to happen, but I didn’t know once free agency started if they still felt the same way until I talked to my agent to see what was really going on.”

Indeed, the Ravens remained a top suitor for the former Offensive Player of the Year. Team and player worked out a two-year agreement worth up to $20MM in short order, giving Baltimore a new lead back. Henry had contemplated a deal sending him to the Cowboys, owing to the fact he lives in Dallas during the offseason and the departure of Tony Pollard. The Cowboys never made contact about a deal, however, leaving the 30-year-old free to join a Ravens team known for relying on a run-first offense.

“I just felt like it fit, their culture, what they’re all about,” Henry added. “I feel like it fits my style of play, and I just felt like it was going to be destined at some point… You know you feel like you’ve got a feeling about something, it just feels like it’s meant to be? That’s what I felt about Baltimore.”

Henry, a two-time rushing champion, will handle lead back duties in 2024 on a Ravens team which lost Gus Edwards and has seen J.K. Dobbins go unsigned well into free agency. The team does have Justice Hill and Keaton Mitchell on the books, though the latter is rehabbing an ACL tear. As a result, the Ravens could very well be in the market for a backfield addition later this month.

General manager Eric DeCosta confirmed during a Tuesday press conference (via the team’s website) there is a “strong chance” Baltimore drafts a running back this year. Other positions – such as offensive line, cornerback and edge rusher – represent more urgent roster priorities as things stand. With nine selections, though, the Ravens will have the chance to use Day 2 or 3 to add a rookie behind Henry in the team’s new-look backfield.

Cowboys Never Pursued RB Derrick Henry

March 16th, 2024 at 11:05pm CST by Ben Levine

With Derrick Henry owning a home in Dallas and the Cowboys eyeing a new running backs corps in 2024, there seemed to be a natural connection between the two sides when the veteran hit free agency. Instead, Henry ended up signing with the Ravens, and during a recent appearance on “Schein on Sports,” the running back admitted that the Cowboys never reached out.

“The Cowboys never called at all,” Henry said (h/t Lawrence Dow of the Fort Worth Star-Telegram via Yahoo). “That’s where I stay in the offseason. I’m kind of on the back end of my career and that’s a great organization. It would’ve been a great opportunity, but I’m thankful that I ended up here in Baltimore.”

The Cowboys were mentioned as a “dark horse” suitor for Henry back at the trade deadline, but a move never materialized. As Henry’s contract expired and Tony Pollard hit free agency, it seemed like this would be the time for the Cowboys to pounce.

Instead, the organization hasn’t done anything to address the depth they’ve lost at RB in recent years. Pollard led their backfield in 2023, and the organization moved on from offensive stalwart Ezekiel Elliott last offseason. At the moment, 2023 sixth-round pick Deuce Vaughn is expected to lead the depth chart, with the team also rostering Malik Davis and Snoop Conner.

While the cash-strapped Cowboys have been quiet this week, it wouldn’t have taken a massive commitment to sign Henry. The deal was described as a two-year, $16MM deal with $20MM upside. NFL Network’s Tom Pelissero has more details on that contract.

In 2024, Henry will earn a guaranteed $1.21MM salary in addition to a $7.79MM signing bonus. In 2025, that salary will jump to $5MM, and Henry will be due $1MM via a roster bonus in March. There’s an additional $2MM that Henry can earn each season via incentives.

Ravens To Sign RB Derrick Henry

March 12th, 2024 at 10:45pm CST by Sam Robinson

A rumored fit for several months, the Ravens-Derrick Henry partnership is coming to fruition. The two-time rushing champion is committing to Baltimore, ESPN’s Adam Schefter reports.

The Ravens will give Henry a two-year, $16MM deal, per Schefter, who adds the longtime Titans starter can earn up to $20MM with the AFC North team. The Ravens are guaranteeing Henry $9MM, making this look more like a pay-as-you-go pact. But the 30-year-old back has an interesting opportunity ahead, joining the team that soared to the AFC’s top seed last season.

Hovering as a potential Hall of Famer, Henry has been one of this era’s premier backs. He is coming off a fifth 1,000-yard season. While mileage should be a concern for the Ravens, the former Heisman winner has shrugged off workload-based fears in the past. After losing Gus Edwards to the Chargers, the Ravens will make a bigger payment to see how Henry looks alongside Lamar Jackson.

Closely linked to Henry at last year’s deadline, the Ravens stood pat and continued with their in-house setup. The team lost Keaton Mitchell to a late-season ACL tear, which came three months after J.K. Dobbins was lost for the season in Week 1. Dobbins is unsigned, and Mitchell is rehabbing. At long last, Henry will be part of the Ravens’ equation.

2023 saw the Alabama product earn a fourth career Pro Bowl, although his workload experienced a notable decline. Splitting time with third-round rookie Tyjae Spears, Henry averaged 16.5 carries per games last season. That marked the first time since 2018 that he logged less than 20 totes per contest, a sign that he may not be able to handle the same workload moving forward as he did in his prime. Still, Henry will be positioned to operate on plenty of early downs as well as goal-line situations if the Ravens make no further RB moves.

General manager Eric DeCosta made it clear at the Combine that backfield additions would be a priority for Baltimore, the league’s top rushing team from last season. New deals for Edwards and/or Dobbins were on the table, but that will not be the case for at least the former. The latter’s chances of remaining in Baltimore for 2024 have also taken a hit given today’s move. Midseason pickup Dalvin Cook is a pending free agent, and he could be enticed to look elsewhere after being used sparingly in his brief Ravens tenure.

The Ravens were linked to other backs prior to this unsurprising Henry agreement, including reported serious interest in Saquon Barkley. The Eagles ultimately agreed to a longer, more lucrative pact than this Henry one, though, and finances were no doubt a concern for a Ravens team which entered Tuesday marginally over the cap. Still, more cost-effective options were available for Baltimore, so the team’s investment marks a notable commitment to the top of its backfield depth chart.

Adam La Rose contributed to this post.

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