Derrick Henry is an American football running back for the Baltimore Ravens in the NFL. The Tennessee Titans drafted him with the 45th overall pick in the second round of the 2016 NFL Draft. He initially signed a four-year rookie contract worth $5.40 million with the team in 2016. Henry won Offensive Player of the Year in 2020 and was named to the First-team All-Pro that same year. He has also earned four Pro Bowl selections and led the league in rushing yards and touchdowns in both 2019 and 2020.
Before entering the NFL, Henry played college football at the University of Alabama from 2013 to 2015. In 2015, he had an outstanding season, winning the CFP national championship and the Heisman Trophy. He also received the Maxwell, Doak Walker, Walter Camp Award, a Unanimous All-American, and was named SEC Offensive Player of the Year and First-team All-SEC. Growing up, Henry played high school football at Yulee High School, where he was a five-star prospect according to Alabama's official website.
Derrick Henry Contract Breakdown
According to Spotrac, Henry signed a new contract in March 2024 with the Baltimore Ravens which is a two-year deal worth $16,000,000. This agreement includes a signing bonus of $7,790,000 while guaranteeing $9,000,000.
| Contract | Signing Bonus | Average Salary | GTD at Sign | Total GTD |
| 2 yr(s) / $16,000,000 | $7,790,000 | $8,000,000 | $9,000,000 | $9,000,000 |
| Year | Base Salary | Signing Proration | Cap Hit | Dead Cap | Yearly Cash |
| 2024 | $1,210,000 | $3,895,000 | $5,105,000 | $9,000,000 | $9,000,000 ($9,000,000) |
| 2025 | $6,000,000 | $3,895,000 | $10,895,000 | $3,895,000 | $7,000,000($16,000,000) |
| 2026 | Unrestricted Free Agent | ||||
How much is Derrick Henry getting paid?
Derrick Henry signed a two-year contract with the Baltimore Ravens worth $16 million. This gives him an average annual salary of $8 million while he has earned a signing bonus of $7,790,000 at the time of signing. In the 2024-25 season, he will earn a base salary of $1.2 million. He will receive a $1 million roster bonus in 2025.
How much money does Derrick Henry make a minute?
As per Henry's latest deal with the Ravens, he will be making roughly $15 per minute on average.
Read more About:- Derrick Henry's Net Worth
Derrick Henry’s Career Earnings
As of November 2024, Henry has earned approximately $65,407,928 in his career earnings.
How much of Derrick Henry’s Contract is guaranteed?
Henry’s contract has a guaranteed amount of $9 million.
What are the terms of Derrick Henry’s Contract?
Derrick Henry’s contract is one without many clauses or offsets. The two-year $16 million contract paid Henry an initial signing bonus of $7,790,000 as per Spotrac. The salary cap is spread over his two years of contract which makes it easy for the Ravens to sign other players to their roster without going over the salary cap. In 2024, Henry will earn a base salary of $1,210,000, while carrying a cap hit of $5,105,000 and a dead cap value of $9,000,000. He is set to become an unrestricted free agent at the end of his contract in 2026.
Derrick Henry's Contract History
The current deal with the Ravens is the third contract of Henry's professional football career in the NFL. He signed his first contract in the NFL with the Tennessee Titans which was his rookie deal for four years from 2016 to 2019 worth $5,407,928. He earned an average annual salary of an average annual salary of $1,351,982.
In 2020, Henry signed another four-year deal with the Titans worth $50,000,000 that paid him an average annual salary of $12.5 million.
| Contract | Signing Bonus | Average Salary | GTD At Sign | Total GTD |
| 4 yr(s) / $5,407,928 | $2,133,038 | $1,351,982 | $2,828,853 | $2,828,853 |
| 4 yr(s) / $50,000,000 | $12,000,000 | $12,500,000 | $25,500,000 | $25,500,000 |
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FAQ's On Derrick Henry Contract
A. Derrick Henry is a 6 ft 3 in, 247 lb running back in the NFL who is currently with the Baltimore Ravens.
A. Derrick Henry ran his 40 with a time of 4.54 seconds.
A. Derrick Henry won the Heisman Trophy in 2015 as a junior while playing on the Alabama Crimson Tide football team.
A. Derrick Henry is 30 years old as of November 2024. He was born on January 4, 1994.
