The Bengals are generally known as a cheap organization, at least by modern NFL standards. So when the front office shelled out hundreds of millions of dollars for Joe Burrow, Ja’Marr Chase, and the core of the Bengals’ offense, it put even more strain on the team’s ability to pay its defensive stars.
After another disappointing campaign in 2025, one of the personnel casualties was edge rusher Trey Hendrickson. The All-Pro knew he could make $100 million on the open market, even as a player on the far side of 30. So when his tenure with the Bengals was up in 2025, Hendrickson happily walked into free agency.
As the Bengals watched their best defensive player walk out the door, the loss became a double whammy. Not only was the best player from a dreadful defense now gone, but Hendrickson ultimately signed with another team in the AFC North in Baltimore.
Now, Hendrickson will get the opportunity to terrorize his former team twice per year, and he’ll make a lot of money while doing it.
As for Baltimore, the Ravens odds market is rebounding after a tough 2025 season. The addition of Hendrickson solves the need for effective pass rushing on the defensive side of the ball.
Trey Hendrickson Contract
On March 11, Trey Hendrickson signed a new four-year deal with the Ravens worth $112 million.
Hendrickson’s contract includes sack incentives at intervals of eight, 10, 12, and 14. He makes $500,000 each time he passes another sack threshold.
Over the life of the contract, Hendrickson’s average annual salary is $28 million.
Trey Hendrickson Signing Bonus
Trey Hendrickson received a $20 million signing bonus for his 2026 contract with the Ravens.
Trey Hendrickson Salary
Trey Hendrickson will make $31 million from his NFL contract in 2026.
More than half of that – $20 million – is the signing bonus he made when he agreed to the new contract terms. The other $11 million is base salary.
Trey Hendrickson Guaranteed Money
Trey Hendrickson’s contract with the Ravens includes $60 million in guaranteed money. Everything through 2027 is guaranteed, which turns his four-year paper deal into something closer to a two-year deal in reality.
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