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Derrick Henry

Henry headed for not-so-free agency

Derrick Henry has made it to where LeVeon Bell and Melvin Gordon have been before him. Congratulations? Sad reality is that NFL teams don’t tend to pay running backs.

There’s no disputing that Henry was special on Saturday. Again. He banged out 182 yards last week at New England, and he was just as impressive against the Ravens, rumbling for 195. Two good defenses, and Henry killed both of them.

His next game will be either Kansas City or Houston. Henry ran for 211 yards against the Texans in Week 17. He went for 188 in a win over Kansas City in Week 10. Henry also went for 156 yards in a playoff win at Arrowhead two years ago.

150 RUSHING YARDS IN PLAYOFF GAMES (since 2000)
PlayerYearOppResultAttYdsAvgTD
Lamar Smith, Mia.2000Ind.W 23-17402095.22
Ryan Grant, G.B.2007Sea.W 42-20272017.43
Derrick Henry, Ten.2019at Balt.W 28-12301956.50
Derrick Henry, Ten.2019at N.E.W 20-13341825.41
Colin Kaepernick, S.F.2012G.B.W 45-311618111.32
Priest Holmes, K.C.2003Ind.L 31-38241767.32
LeVeon Bell, Pitt.2016at K.C.W 18-16301705.70
Cedric Benson, Cin.2009NYJL 14-24211698.11
LeVeon Bell, Pitt.2016Mia.W 30-12291675.82
LeGarrette Blount, N.E.2013Ind.W 43-22241666.94
Thomas Rawls, Sea.2016Det.W 26-6271616.01
Ray Rice, Balt.2009at N.E.W 33-14221597.22
Marshall Faulk, St.L.2001Phil.W 29-24311595.12
Charlie Garner, Oak.2001NYJW 38-241515810.51
Marshawn Lynch, Sea.2014G.B.W 28-22251576.31
Derrick Henry, Ten.2017at K.C.W 22-21231566.81
Ahman Green, G.B.2003at Phil.L 17-20251566.20
Arian Foster, Hou.2011Cin.W 31-10241536.42
DeShaun Foster, Car.2005at NYGW 23-0271515.60

Henry’s timing has been perfect. He won a rushing title. He’s been the most compelling player of the postseason. Now his contract is expiring at the end of the season. As a second-round draft pick, his slotted contract was worth about $5.4 million for four years. He’s blown that deal out of the water.

But unfortunately, the current labor deal doesn’t really allow him to cash in. With the existing framework of franchise and transition tags, he won’t be a true free agent, restricting his ability to be paid his true worth.

The Titans likely will put a franchise tag on Henry, but that will guarantee him only slightly more than $12 million for one season. Less likely, they could use the transition tag, locking them in for only about $10 million for one year (while risking that some other team signed Henry to an offer that they wouldn’t want to match).

The franchise tag guarantees a player will be paid the average of the top 5 at his position from the previous year. The transition tag guarantees the average of the top 10.

It’s not a good system. Teammate Ryan Tannehill, for example, is also going to be a free agent. Because he’s a quarterback, he’s probably going to make about twice as much per year as Henry. To me, that seems out of whack. Over these past two months, it’s been Henry more than Tannehill that’s been the compelling player. Henry’s the guy who’s causing televisions to turn on. If you look in the crowd, you’ll see a lot more people wearing jerseys with his number.

It’s annoying. I hope they get it fixed in the next labor agreement. Running backs have shorter careers than the players at other positions. It would be nice if they were given more of a chance to put their skills on the open market while there was still some juice left in their legs.

Henry has done a lot of nice things for the Titans over the last four years. He hasn’t really yet been fairly compensated for his work.

BACKS AVERAGING OVER $2 MILLION
PlayerTeamAvg
Ezekiel ElliottDall.$15,000,000
Todd GurleyLAR$14,375,000
LeVeon BellNYJ$13,125,000
David JohnsonAriz.$13,000,000
Devonta FreemanAtl.$8,250,000
Saquon BarkleyNYG$7,798,688
Jerick McKinnonS.F.$7,500,000
Leonard FournetteJac.$6,786,894
Lamar MillerHou.$6,500,000
Duke JohnsonHou.$5,203,333
Mark IngramBalt.$5,000,000
Dion LewisTen.$4,950,000
Giovani BernardCin.$4,850,000
Christian McCaffreyCar.$4,310,326
Tevin ColemanS.F.$4,250,000
James WhiteN.E.$4,000,000
Latavius MurrayN.O.$3,600,000
Chris ThompsonWas.$3,500,000
Rex BurkheadN.E.$3,250,000
Jalen RichardOak.$3,095,000
Mike DavisCar.$3,000,000
LeSean McCoyK.C.$3,000,000
Josh JacobsOak.$2,983,350
Raheem MostertS.F.$2,900,000
Carlos HydeHou.$2,800,000
Rashaad PennySea.$2,691,359
Melvin GordonLAC$2,667,441
Damien WilliamsK.C.$2,550,000
Adrian PetersonWas.$2,515,000
Theo RiddickDen.$2,500,000
Sony MichelN.E.$2,406,674
Peyton BarberT.B.$2,125,000
Frank GoreBuff.$2,000,000

Average per-year dollars come from the OverTheCap.com website.

—Ian Allan

Fantasy Index