Derrick Henry signed a 2 Years, $16,000,000 contract with the Baltimore Ravens on March 12, 2024. The contract runs through the 2025 season and has an average annual value of $8,000,000. It also came with a $7,790,000 signing bonus and $9,000,000 guaranteed. Henry was represented by CAA Sports in negotiations.
Year | Base Salary | Cap Hit | Cap % |
---|---|---|---|
2024 | $1,210,000 | $5,105,000 |
2.00%
|
2025 | $6,000,000 | $12,895,000 |
4.62%
|