Derrick Henry Contract: Salary, Cap Hit, Potential Extension

min read
Tennessee Titans running back Derrick Henry (22) jogs to the field before an NFL football game against the Jacksonville Jaguars, Saturday, Jan. 7, 2023, in Jacksonville, Fla.
(AP Photo/Phelan M. Ebenhack)
BetMGM Staff @BETMGM Mar 22, 2023, 11:39 AM

While he’s at the stage where running backs tend to decline, Tennessee Titans star bruiser Derrick Henry has shown he still belongs amongst the game’s elite at the position.

Derrick Henry Salary

Henry is entering the final year of a four-year, $50 million contract inked in 2020. The deal includes $25 million in guaranteed money, an average annual salary of $12.5 million, and a $12 million signing bonus.

Derrick Henry Cap Hit

Henry will count for $16,367,647 against the cap in 2023.

Derrick Henry Potential Extension

Schedule to become a free agent next offseason, and having recently turned 29, Henry is likely entering his final year in a Titans uniform. The former NFL Offensive Player of the Year remained productive in 2022, recording 1,500+ rushing yards for the third time in the past four seasons. Given Henry’s age and massive workload in recent years, teams may be hesitant to sign the two-time rushing champ, making his current situation one of the more fascinating around the league.

Read More: Top 10 Highest-Paid NFL Running Backs: Salary Rankings

Place NFL Bets at BetMGM

At BetMGM, you can bet online with updated NFL betting spreads, including weekly NFL odds. And with live sports betting, the best online sports betting and mobile sports betting experiences are at BetMGM.

If you don’t have a sportsbook account, register today with BetMGM’s welcome bonus. And check back for the best sportsbook promotions each day of the year.

BetMGM First Bet Offer $1,500
About the Author

BetMGM Staff

Read More @BETMGM

Our BetMGM authors are sports experts, with a wealth of knowledge of the sports betting industry at all levels. Their coverage includes sports news across players, teams and coaches, providing betting previews and predictions, fun facts and more.

Our BetMGM authors are sports experts, with a wealth of knowledge of the sports betting industry at all levels. Their coverage includes sports news across players, teams and coaches, providing betting previews and predictions, fun facts and more.