Hunter Henry's 2024 free agency contract projection

Originally posted on A to Z Sports | By Josh Queipo | Last updated Feb 5, 2024 5:44 PM ET

The NFL's regular season is over, which for most teams, means it's time to start figuring out plans for the offseason.

NFL free agency is a huge part of the process, and along with the NFL Draft, it has everyone preparing for what should be a very active couple of months.

We've officially come up with our own contract projections for the NFL's top free agents that include context behind each player's 2023 season, the likelihood of a franchise tag, the projection itself, and the first-year cap hit for a team that's “all-in” and is needing to reduce that first-year hit in order to maximize their cap dollars.

So, without further ado, let's check out the projection for New England Patriots tight end, Hunter Henry.

Hunter Henry 2024 Contract Projection

Henry is coming off of a lucrative contract signed in 2021 that had him close to the top of the market. To his credit, he was able to produce enough to make it to the end of the deal, but maybe not live up to the $12.5 million APY it cost the Patriots. 133 catches for 1,531 yards and 17 touchdowns over three seasons is a bit light for that price.

Adding on to that: Henry's catch percentage and yards per catch were both below his career average in 2023. Suddenly, you have the picture of a player starting to decline.

Still, Henry is a red zone threat who can play in-line, as well as in the slot, and that has value. He won’t get nearly as much on this contract as he enters his 30s, but there will still be a market for him.

Franchise Tag Likelihood: Low
Projected Contract: 2 years, $15.0 million, $7.5 APY, $7.5M GTD
Year One Cap Hit: $3.5 million

Be sure to check back in and around the site for more projections, as we will add more in the coming days and weeks.

More must-reads: