Derrick Henry Is Already Cashing Contract Incentives, Which Ravens Are Happy to Pay

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Derrick Henry Is Already Cashing Contract Incentives, Which Ravens Are Happy to Pay
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He’s earned $500,000 for total touchdowns and is on his way to earning millions more in incentives if he continues on this pace.

Back on March 12, the Baltimore Ravens signed Derrick Henry to a two-year contract worth $16 million, which, with incentives, could be worth up to $20 million. On page four of the eight-page deal, some of those earned dollar figures are outlined.obtained a copy of Henry’s deal Sunday as the Baltimore Ravens throttled the Denver Broncos. Here’s what they look like:Henry can earn $500,000 if he rushes for more than 1,500 yards.Henry can earn $500,000 if he has 15 or more total touchdowns.

Sometimes, earnable incentives are part of the attraction for players signing somewhere in free agency, though I don’t think this was necessarily the case for Henry when he signed with Baltimore. For example, in 2023, only one running back rushed for more than 1,200 yards and that was Christian McCaffrey. Only three running backs broke the 15 total touchdown threshold. Only four broke the 13-or-more touchdown threshold.

The Ravens have made their franchise by winning in the margins, but the fact that the rest of the league allowed Henry to go to Baltimore without much financial pushback is stunning in hindsight. Henry has scored in every Ravens game this season. Every season since 2018 has featured 10 or more Henry touchdowns. All but one of those seasons featured a complete, or nearly complete season from Henry.

Cowboys owner Jerry Jones was famous for saying that the Dallas Cowboys couldn’t afford him—a quick look at his deal shows that to be incorrect, though given what he paid for Ezekiel Elliott, we can see what kind of pocket change he was willing to shill out—but he isn’t the only one who should wear this decision. The Cincinnati Bengals were a good running game away from legitimate contention this year.

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