Okay, so I’ve been digging into Derrick Henry’s salary situation, and let me tell you, it’s been a bit of a journey. Here’s how it all went down.
First off, I started by just trying to get a general idea of what this guy’s been making throughout his career. Turns out, he’s earned a decent amount, nothing crazy but solid. I found out he’s pulled in about $65,407 over the years. Not bad, right?
But then, I wanted to know what he’s making now, in 2024. That’s where things got more interesting. He’s with the Baltimore Ravens now, and apparently, he’s supposed to earn a cool $9,000,000 this year. I was like, “Dang, that’s a nice chunk of change!” But then I looked closer and saw that most of that is his signing bonus – $7,790, to be exact. His base salary is only $1,210,000. Still good money, don’t get me wrong, but the bonus is where it’s at.
So, I did some more digging and realized that this $9 million is guaranteed for 2024. Doesn’t matter if he gets injured or whatever, he’s getting that money. That’s a pretty sweet deal if you ask me. And there are probably some performance bonuses he can earn on top of that, but I couldn’t find the exact details on those.
Then I started thinking about the future. What’s he gonna make next year, in 2025? I found out his base salary is supposed to go up to $6 million then, which is a nice bump. But I also noticed something called a “cap hit” that’s going up to $10.89 million. Honestly, I’m not 100% sure what that means, but it sounds like it affects how much the team can spend on other players. Maybe one of you guys can explain that to me.
- His total earnings are around $65,407.
- In 2024, he’s set to make $9,000,000.
- His signing bonus with the Ravens is a whopping $7,790.
- That $9 million for 2024 is fully guaranteed.
- In 2025, his base salary jumps to $6 million.
I also stumbled upon an estimate of his net worth – $12 million as of March 2024. That’s not just from football, though. It includes endorsements and stuff like that, but I am not sure about the details. Seems like he’s doing pretty well for himself off the field, too.
Oh, and I found out the Ravens signed him to a two-year contract worth $16 million, but it could go up to $20 million if he hits certain performance goals. That’s a lot of potential money on the table.
Then, to put things in perspective, I checked out what the highest-paid running back in the league is making. That’s Christian McCaffrey, and he just got a two-year extension for $38 million! Makes Henry’s deal look like peanuts, haha.
My Thoughts
This whole thing got me thinking about how running backs usually start to decline after they turn 30, and Henry’s 30 now. It makes sense that the Titans let him go, especially since they’re rebuilding. But it also seems like the Ravens are taking a bit of a gamble on him, hoping he can keep up his performance for a couple more years. It’ll be interesting to see how it all plays out.
Anyway, that’s my deep dive into Derrick Henry’s salary. It was a lot of numbers and contracts, but I think I finally got a handle on it. Let me know if you guys found any other interesting details or if you can explain that “cap hit” thing to me!
