Packers receive Derrick Henry trade update

The Green Bay Packers' running back situation has grown urgent just as the NFL trade deadline approaches.

After Josh Jacobs suffered a fractured finger that will require surgery and could sideline him for multiple weeks—or longer if he lands on injured reserve—the Packers have begun exploring external options to stabilize a ground game that has ranked among the league’s least productive.

With the cost of acquiring Indianapolis Colts back Jonathan Taylor reportedly too steep, attention has shifted to Baltimore’s Derrick Henry.

According to a report from Packer Report’s Easton Butler, Green Bay has contacted the Ravens multiple times in recent days about Henry.

The asking price is described as comparable to what Indianapolis has sought for Taylor, a figure that has already cooled interest from several teams.

The development is notable because Henry, who turns 33 before the playoffs begin, is no longer producing at the level that once made him one of the most feared rushers in football.

Last season Henry piled up 1,595 yards and averaged 5.2 yards per carry while finishing second in the league in rushing.

Through nine games this year, he has 689 yards on 175 carries, a 3.9-yard average that ranks well outside the top 20 among qualified backs, though he still has eight rushing touchdowns.

The volume remains high, but the efficiency has clearly declined, and the Ravens’ own offensive struggles have limited the space he once exploited so effectively.

For a Packers team whose current depth chart features Kaleb Johnson, Chris Brooks, MarShawn Lloyd, and Pierre Strong Jr., Henry would represent an immediate upgrade in physicality and experience.

Johnson delivered a promising 68-yard outing in Jacobs’ absence against New England, yet none of the group has established himself as a reliable every-down option.

Still, surrendering significant draft capital—potentially a second-round selection or equivalent—for a player entering the final stages of his prime carries obvious risk.

Even a contender looking for short-term help must weigh whether the remaining production justifies the cost when a deferred mid-round pick and additional assets might be more realistic.

The report itself has not been corroborated by major league insiders, and separate accounts indicate Baltimore has little interest in moving Henry before Tuesday’s deadline.

Whether the Packers continue pursuing the veteran or settle for lower-cost alternatives will reveal how aggressively they intend to address a position that has become a clear vulnerability.

In the meantime, Green Bay’s offense will lean on whatever combination of backups remains available while Jacobs recovers, testing the depth of a roster that entered the season expecting far more from its backfield.