Adam Schefter is reporting that the Titans and Derrick Henry are not expected to agree on a long-term deal before tomorrow’s deadline. That means that Henry will play this season under the franchise tag which will pay him $10.27 million.
Titans and Derrick Henry are not expected to reach a long-term deal by Wednesday deadline for franchise players, per source. Henry is scheduled to make $10.27M this season and become a free agent in off-season.— Adam Schefter (@AdamSchefter) July 14, 2020
Any franchise deals by Wednesday will be an exception, not the rule.
In general, paying a running back a big second contract is not a good idea. It has gone poorly time and time again. HOWEVA, it feels like there is a deal here that could have been reached that would have been agreeable to both sides. Why not give him a 3 year deal that guarantees him somewhere between $20-25 million? Are you really that worried that he can’t produce for 2 more years?
With that being said, we don’t know how the negotiations went. Maybe they offered him something like that and he turned it down.
There is no room to be a fan when you are in the front office, but it sure feels like this is a guy that they would want to reward, within reason, for being the type of player, competitor and leader that he is.