Derrick Henry DVOA, Advanced Stats, & Fantasy Rankings

Running back Derrick Henry and the Baltimore Ravens reached an agreement on Wednesday on a two-year, $30 million contract extension that includes $25 million fully guaranteed over the next two seasons, according to Todd France of Athletes First. It is the largest deal in NFL history for a RB over 30 years old. The Ravens have rewarded the 31-year-old five-time Pro Bowler and former Offensive Player of the Year after he recorded 1,921 rushing yards and a league-high 16 rushing touchdowns on 325 carries in 17 regular-season games in 2024 in his first year in Baltimore. He added 19 catches for 193 yards and two more TDs. While some were expecting physical decline from King Henry last year, he was as dominant as ever in the Ravens' run-first offense, finishing as the RB1 in fantasy. Henry has limitations as a pass-catcher, but until he proves otherwise, he's a high-end RB1 target in fantasy.

Baltimore Ravens head coach John Harbaugh said that he'd like the team to extend running back Derrick Henry, who is heading into the last year of his current deal in 2025. It comes after Henry signed a two-year, $16 million deal last offseason and said in February that he'd like to finish his career in Baltimore. It makes sense for both sides after King Henry didn't show any signs of slowing down in 2024 with 1,921 rushing yards and a league-high 16 rushing touchdowns on 325 carries while adding 19 receptions for 193 yards and two touchdowns through the air in 17 regular-season starts. It was good enough to make him the RB3 in half-PPR scoring, behind only Jahmyr Gibbs and Saquon Barkley. Father Time is undefeated, but Henry is a different beast and pairs extremely well with quarterback Lamar Jackson's rushing ability. Henry is still much more attractive in standard-scoring fantasy leagues, but either way, he's a high-end RB1.

According to NFL Network's Mike Garafolo, the Baltimore Ravens and running back Derrick Henry are expected to start contract-extension talks early this offseason. Henry made $11 million in his first year with the Ravens in 2024 and is scheduled to make $7 million in his second year with the team in 2025. The 31-year-old King Henry proved this year that he still has plenty left in the tank and he recently told The Athletic that he would like to retire with the Ravens. Henry finished the 2024 campaign with 1,921 rushing yards -- the second-highest total of his career -- and a league-high 16 rushing touchdowns in 17 regular-season games to earn his fifth Pro Bowl selection. Despite the fact that Henry has a ton of tread on his tires and is an offense with quarterback Lamar Jackson, he will remain a high-end RB1 target in fantasy this fall.