Baltimore Ravens running back Derrick Henry reached an agreement by signing a two-year, $30 million extension that includes $25 million fully guaranteed over the next two seasons. It is the largest deal in NFL history for a running back over 30 years old.
He posted his sixth 1,000+ yard rushing year in 2024 and first with the Ravens. The organization opened the checkbook in a big way.
Derrick Henry Had An Outstanding Season

He had an outstanding season during which the Ravens excelled in the rushing game. His significance to the team’s success has been evident.
If he meets the terms of his three-year contract and maintains his performance, he’ll rank among the top three running backs of all time. Averaging 1,282 rushing yards per year would tie him with NFL legend Barry Sanders for fourth in all-time rushing yards.
The history of the NFL RB cannot be discussed without Derrick Henry. He has been the best RB in football for about a decade now and still looks elite at his current age—unreal.
Ravens quarterback Lamar Jackson excelled alongside Henry, achieving an MVP-worthy season with career highs of 4,172 passing yards and 41 touchdowns, plus 915 rushing yards, leading the league’s No. 1 offense. Remarkably, Henry has maintained his health despite the short career span typical for his position.
End Of My Derrick Henry Rant

The running back market is shifting. While elite running backs may not be as valuable as top wide receivers or tackles, an all-pro running back deserves to earn more than a low-end wide receiver.
The only running back who has stayed in the NFL as long as Henry is Ezekiel Elliott, who is now in backup duties. He has also remained healthy, missing only 13 games.