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Titans RB Derrick Henry's 2020 franchise tag salary revealed

March 16, 2020 by Titans Wire Leave a Comment

After the Tennessee Titans placed the non-exclusive franchise tag on Derrick Henry on Monday, we now know what he will be making if he plays the season out on it.

According to MMQB’s Albert Breer, a non-exclusive franchise tagged running back will make $10.278 million in 2020.

Per an internal league memo, here are the official franchise and transition tag number for 2020. pic.twitter.com/h8D5Td2wWf

— Albert Breer (@AlbertBreer) March 16, 2020

The non-exclusive franchise tag allows Henry to receive offers from other teams, however if the Titans refuse to match an offer they would receive two first-round picks from the team that signs the Alabama product.

While this obviously provides less security than an exclusive tag, having to surrender two first-round picks on top of signing Henry will likely be a deterrent for many teams.

Henry and the Titans still have plenty of time to work on a long-term deal, as the deadline to do so is July 15.

Per @spotrac, Henry’s franchise tag value of $10.3 million in 2020 would rank 4th among RB cap-hit rankings.
1 … Gurley at $17.3 mil
2 … Bell at $15.5 mil
3 … D. Johnson at $14.2 mil

— John Glennon (@glennonsports) March 16, 2020

Should no long-term deal get reached by then and Henry doesn’t agree to an offer with another team, he would be forced to play the 2020 season under the franchise tag.

From there, it remains to be seen if Henry would hold out or if he would go through with playing under the tag. Hopefully it doesn’t come down to that, though.

Related

Titans’ Derrick Henry gets sympathy from NFL players after getting tag

Tennessee Titans place non-exclusive franchise tag on Derrick Henry

Predicting where Titans’ biggest remaining free agents will sign

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