Titans RB Derrick Henry is signing a four-year, $50 million contract extension that includes $25.5 million guaranteed, source tells ESPN.
Only yesterday it was reported that the Titans were unlikely to extend Henry long-term, but things change quickly in the NFL and Tennessee obviously had a change of heart about locking up their workhorse running back. Henry will remain in Tennessee for the foreseeable future and projects as a high-volume, tackle-breaking machine for the Titans as they look to repeat last year's success. Whether or not paying up for Henry is a wise move for the Titans in real life, dyansty drafters should take note because it solidifies Henry's status as a a RB1 and reaffirms that he is one of the safest picks available in the middle of the first round for redraft.
The deadline is 1 minute away and there's no deal between Dak Prescott and the #Cowboys, per source. The sides did communicate today, but he's set to play on the $31.409 million tag.
This was the expected outcome in what has turned into a long-term standoff between Prescott and Jerry Jones. Prescott has steadily improved since entering he league and led one of the most efficient offenses in the NFL last year, but the Cowboys have been reluctant to give him a long-term deal. He will now play the 2020 season on the franchise tag and rehash negotiations next offseason. Prescott has plenty of motivation to put up huge numbers this year.
Adam Schefter tweeted the following on Wednesday afternoon: "Titans and RB Derrick Henry now working to finalize a deal before today’s 4 pm ET deadline, per sources. Deal on way to being done."
The parties have until 4 PM EST to reach an agreement or Henry will play out this season on the franchise tag. Henry led the league in rushing last year, totaling 1,540 yards on 303 carries to go along with 16 touchdowns and is poised to return as the feature back for the Titans in 2020. This report suggests he and Tennessee are working toward a last-minute extension to keep him with the Titans long-term. A long-term extension would only solidify Henry's status as a workhorse back and surefire RB1 in fantasy.