Derrick Henry Denny Simmons / The Tennessean / USA TODAY NETWORK

A rumored fit for several months, the Ravens-Derrick Henry partnership is coming to fruition. The two-time rushing champion is committing to Baltimore, ESPN’s Adam Schefter reports.

The Ravens will give Henry a two-year, $16M deal, per Schefter, who adds the longtime Titans starter can earn up to $20M with the AFC North team. The Ravens are guaranteeing Henry $9M, making this look more like a pay-as-you-go pact. But the 30-year-old back has an interesting opportunity ahead, joining the team that soared to the AFC’s top seed last season.

Hovering as a potential Hall of Famer, Henry has been one of this era’s premier backs. He is coming off a fifth 1,000-yard season. While mileage should be a concern for the Ravens, the former Heisman winner has shrugged off workload-based fears in the past. After losing Gus Edwards to the Chargers, the Ravens will make a bigger payment to see how Henry looks alongside Lamar Jackson.

Closely linked to Henry at last year’s deadline, the Ravens stood pat and continued with their in-house setup. The team lost Keaton Mitchell to a late-season ACL tear, which came three months after J.K. Dobbins was lost for the season in Week 1. Dobbins is unsigned, and Mitchell is rehabbing. At long last, Henry will be part of the Ravens’ equation.

2023 saw the Alabama product earn a fourth career Pro Bowl, although his workload experienced a notable decline. Splitting time with third-round rookie Tyjae Spears, Henry averaged 16.5 carries per games last season. That marked the first time since 2018 that he logged less than 20 totes per contest, a sign that he may not be able to handle the same workload moving forward as he did in his prime. Still, Henry will be positioned to operate on plenty of early downs as well as goal-line situations if the Ravens make no further RB moves.

General manager Eric DeCosta made it clear at the Combine that backfield additions would be a priority for Baltimore, the league’s top rushing team from last season. New deals for Edwards and/or Dobbins were on the table, but that will not be the case for at least the former. The latter’s chances of remaining in Baltimore for 2024 have also taken a hit given today’s move. Midseason pickup Dalvin Cook is a pending free agent, and he could be enticed to look elsewhere after being used sparingly in his brief Ravens tenure.

The Ravens were linked to other backs prior to this unsurprising Henry agreement, including reported serious interest in Saquon Barkley. The Eagles ultimately agreed to a longer, more lucrative pact than this Henry one, though, and finances were no doubt a concern for a Ravens team which entered Tuesday marginally over the cap. Still, more cost-effective options were available for Baltimore, so the team’s investment marks a notable commitment to the top of its backfield depth chart.

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