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Ravens Sign Derrick Henry to Record $30M Extension Through 2027

The 31-year-old running back secures the largest NFL contract ever for a player at his position over 30, following a standout first season in Baltimore.

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Overview

  • Derrick Henry and the Baltimore Ravens agreed to a two-year, $30 million contract extension, with $25 million fully guaranteed, keeping him under contract through 2027.
  • The deal sets a new NFL record for the highest-paid running back over 30 years old, with an average annual value of $15 million.
  • Henry's 2024 season was historic, with 1,921 rushing yards and 16 touchdowns, the most rushing yards ever by a player aged 30 or older in NFL history.
  • The extension reflects the Ravens' commitment to their dominant rushing offense, pairing Henry with quarterback Lamar Jackson for continued success.
  • Henry joined the Ravens in 2024 after eight seasons with the Titans, proving his value by outperforming his initial two-year, $16 million contract in just one season.