The Baltimore Ravens and star running back Derrick Henry have agreed to a two-year, $30 million contract extension, including $25 million guaranteed, according to a report from ESPN's Adam Schefter. It's the largest deal in NFL history for a running back over the age of 30.
Sources told Sports Illustrated's Albert Breer that Henry will make $14 million fully guaranteed in 2025 and $11 million fully guaranteed in 2026. His 2027 salary will be $12 million. Henry had one year and $7 million remaining on his existing contract. Henry is adding $18 million for the extra year on the contract.
Good deal for Ravens RB Derrick Henry. The cashflow ...
— Albert Breer (@AlbertBreer) May 14, 2025
• 2025: $14 million (fully guaranteed).
• 2026: $11 million (fully guaranteed).
• 2027: $12 million.
Henry had one year and $7M left. So he gets $18M for the extra year, with the team getting an option year in 2027.
Henry carried the ball 325 times for 1,921 yards and 16 touchdowns in his first season in Baltimore, and was named as an All-Pro for the second time in his nine-year career. It was Henry's best rushing output in a season since 2020, when he ran for 2,021 yards. Henry's 16 touchdowns were tied for second-most in his career, and the most since 2020, when he scored 17 times.
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This article was originally published on www.si.com as Ravens, Running Back Derrick Henry Agree to Contract Extension.
