Derrick Henry gets historic $30 million contract update with Baltimore Ravens

Mike Moraitis

Derrick Henry gets historic $30 million contract update with Baltimore Ravens image

Mandatory Credit: Tommy Gilligan-Imagn Images

Baltimore Ravens running back Derrick Henry continues to defy the odds.

After bucking the trend for 30-year-old running backs by putting together an incredible season with the Ravens in 2024, Henry is being rewarded.

According to ESPN's Adam Schefter, Henry and the Ravens have agreed on a two-year, $30 million contract extension that includes $25 million fully guaranteed. Schefter adds that the deal is the richest for a running back 30 or older.

Expectations were high for Henry with the Ravens ahead of his first season in 2024, but he met those expectations, and then some.

Henry tallied 1,921 rushing yards and 16 touchdowns on the ground, while also adding 193 receiving yards and another two scores.

If not for Philadelphia Eagles running back Saquon Barkley posting better numbers, Henry likely would've won Offensive Player of the Year honors.

Henry has been arguably the most dominant running back of his era. Since exploding late in 2018, Henry has tallied 1,000 yards or more in six of the last seven seasons, and the one season he didn't (2021), the 31-year-old suffered a broken foot. Henry still managed to tally 937 yards in eight games that season.

At this point, Henry has already done enough to cement himself as a Hall of Famer, but the superstar running back can further bolster his cause by adding a Super Bowl ring, something he'll be vying for with the Ravens in 2025.

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Mike Moraitis

Mike Moraitis is a freelance writer who covers the NFL for the Sporting News. Over his nearly two decades covering sports, Mike has also worked for Bleacher Report, USA TODAY and FanSided. He hates writing in the third person.