Derrick Henry, one of the most prominent running backs in the NFL, is embarking on a new journey with the Baltimore Ravens after an impressive eight seasons with the Tennessee Titans. This transition marks an exciting chapter in his career, following his recognition as the NFL’s Offensive Player of the Year in 2020.
As of March 2024, Henry’s net worth is approximately $12 million, a figure reflective of his earnings from the NFL, endorsements, merchandise sales, and investments. Known for his exceptional durability and performance on the field, Henry has also made wise business decisions that have contributed to his financial success.
The Ravens have secured Henry with a two-year contract worth $16 million, which could escalate to a maximum of $20 million depending on performance incentives. The deal includes $9 million guaranteed, with a base salary of $6 million for 2024. Additionally, he received a signing bonus of $3.89 million, along with various performance bonuses—having already earned $500,000 for reaching 13 touchdowns with potential for even greater rewards if he hits targets like 1,500 rushing yards or helps the Ravens clinch a Super Bowl victory.
Despite his significant on-field accomplishments, Henry’s salary places him as the ninth-highest-paid running back in the league, highlighting the changing perceptions and valuations of the position in the NFL.
Beyond the gridiron, Henry has established a strong presence through endorsements, collaborating with brands such as Nike, Old Spice, Geico, and Campbell’s Chunky Soup. Furthermore, he is a co-owner of Nashville SC, showcasing his investment in the growth of soccer in the U.S.
Henry is also dedicated to philanthropy through his foundation, the Two All Foundation, and has been involved in charitable endeavors with organizations like Habitat for Humanity and the Boys & Girls Clubs of America.
As he continues to shine on the field with the Ravens, Henry’s financial prospects are likely to rise with potential new endorsements and continued stellar performances. His commitment to excellence and community engagement underscores his position as a role model both in sports and in society.
In summary, Derrick Henry’s move to the Ravens symbolizes a fresh start with promising financial and personal growth opportunities, ensuring he remains an influential figure in and out of the football arena.