One of the most accomplished running backs in today’s NFL is officially an unrestricted free agent for the first time in his esteemed career, as former Tennessee Titans All-Pro back Derrick Henry hits the open market this week.
And it looks like he won't last long. According to ESPN, Henry is signing with a two-year, $16 million deal with Baltimore.
The 30-year-old out of Alabama has made roughly $31.250 million in his eight-year NFL career, all with Tennessee, including a $10.5 million contract in 2023, when he ran for 1,167 yards in 17 games with an approximate value of 9 (per ProFootballReference.com).
That age-29 season pushed Henry’s eight-year total to 73 AV in 119 NFL games, with 9,502 rushing yards and 90 touchdowns on 2,030 carries. He was Associated Press Offensive Player of the Year in 2020 and has made four Pro Bowl appearances.
Now, Henry will take his talents elsewhere after reports emerged on the opening day of NFL free agency the veteran and Tennessee would not reach a deal for 2024 and beyond. And those who want to continue backing Henry in Tennessee sports betting will have to wager on the Ravens.
Derrick Henry Next Team Odds, Landing Spots
Here's a look at our last odds on Henry's destination before the news broke of his signing with Baltimore.
Ravens Title Odds Among Best in NFL
Before Tuesday's news, the leaders to land Henry in free agency were Baltimore (+250), Dallas (+300) and Las Vegas (+700). In the immediate aftermath of the news, Baltimore's Super Bowl odds didn't move. BetMGM Tennessee gives the Ravens the third-best championship odds at +900. San Francisco is first at +500, followed by Kansas City at +650.
Before the deal, Spotrac estimated Henry would earn a one-year deal worth roughly $10.330 million. Other prominent running back deals in that range are: Nick Chubb (3 years, $36.6 million), Josh Jacobs (1 year, $11.791 million), Barkley (1 year, $10.091 million) and James Conner (3 years, $21 million).
Hard Rock Bet Tennessee lists the Titans with +15000 odds to win the Super Bowl, tied with the New Giants and Washington.
Derrick Henry Free Agency Landings Spot FAQs
The top landing spot and next team odds for Derrick Henry was Baltimore at +250. The Dallas Cowboys were second with +300 odds. But reports indicate Henry will sign with Baltimore when the NFL signing period officially begins.
