Derrick Henry, one of the NFL’s most celebrated running backs, is enjoying a fresh start with the Baltimore Ravens after an illustrious eight-season run with the Tennessee Titans.
The move marked a new chapter for the 2020 Offensive Player of the Year. But how does this transition reflect on his net worth, salary, and off-the-field earnings?
Henry’snet worth is estimated at $12 million as of March 2024.
This figure encompasses his NFL earnings, endorsements, merchandise sales, and investments.
Known for his durability and dominance on the field, Henry has also made strategic off-field moves that contribute to his wealth.
The Ravens signed Henry to a two-year, $16 million contract, with a maximum value of $20 million if incentives are met.
The deal includes $9 million fully guaranteed, with Henry’s 2024 base salary set at $6 million.
His signing bonus of $3.89 million and various performance-based bonuses further enhance his earnings.
For example, he’s already pocketed $500,000 for scoring 13 touchdowns and stands to earn more if he hits milestones like 1,500 rushing yards or leads Baltimore to a Super Bowl win.
Despite his impressive production, Henry ranks as just the ninth-highest-paid running back in the league, a testament to the NFL’s evolving valuation of the position.
Off the field, Henry’s endorsement portfolio is robust.
He has partnerships with major brands like Nike, Old Spice, Geico, and Campbell’s Chunky Soup.
He’s also a co-owner of Nashville SC, joining a small group of NFL players investing in Major League Soccer.
Henry’s foundation, the Two All Foundation, and his work with organizations like Habitat for Humanity and the Boys & Girls Clubs further showcase his commitment to giving back.
As Henry continues to excel with the Ravens, his financial standing is poised to grow.
Whether through new endorsements or another stellar season, the star running back remains a formidable presence both on and off the field.