Ravens' trade deadline: Derrick Henry's value peaks at 632 yards
With Baltimore's quarterback situation in disarray, the 32-year-old running back's market value is at its highest point before the Nov. 11 deadline.
By Tessa Cooper ·
The NFL trade deadline arrives on Nov. 11, and Baltimore Ravens running back Derrick Henry represents a prime asset for teams seeking immediate offensive help. Henry has rushed for 632 yards and eight touchdowns in the first eight games of the 2026 season. He holds the league lead with 158 carries. His current 4.0 yards-per-carry average sits nearly a full yard below his career total.
Henry entered the season with high performance, recording 144 yards and three touchdowns in the opener. He scored eight touchdowns in the first five contests. Production has since declined. Over the last three games, Henry averaged just 52 rushing yards per game. He has scored only one touchdown in the past month. He has one other 100-yard rushing performance this season.
The Ravens sit at 4-4 but occupy last place in the AFC North. They have lost three straight games. Quarterback Lamar Jackson, nursing a right thumb injury, may miss the rest of the season. Backup Tyler Huntley, dealing with a turf toe, is out for the remainder of the campaign. The team acquired Jacoby Brissett recently. Brissett was benched after Sunday's game against the Dallas Cowboys, where he completed 10 of 23 passes and threw an interception. The Ravens have been outscored 71-23 in their last two games.
Baltimore's remaining schedule offers little hope for a playoff push. Their Week 10 home game against the winless Los Angeles Chargers is the only matchup where they would be betting favorites. The offensive line has struggled, and the defense has failed to stop opponents in the red zone. Unless Brissett performs at a Pro Bowl level, the team's season is likely over.
The market for a veteran running back is active. The New York Giants and Minnesota Vikings are likely suitors. The Cleveland Bengals are also potential buyers, though a division trade is less probable. The New York connection is notable because John Harbaugh, the Giants' coach, is Henry's former mentor in Baltimore. A second-round pick is considered the baseline for Henry's value. A bidding war could push the return higher, potentially reaching a first-round selection.
General Manager Eric DeCosta has signaled a roster turnover is beginning. Henry will be 33 and Jackson will be 30 when the next season starts. Their championship window as teammates is narrowing. Henry is third all-time in career touchdown runs and is approaching seventh in career rushing yards. He is one of nine players in NFL history with a 2,000-yard rushing season. His 2024 total of 1,921 yards remains the record for a player over age 30.
The Ravens must decide whether to retain Henry for next year or move him now to maximize return. His trade value is unlikely to exceed its current level. The decision falls to DeCosta before the Nov. 11 deadline.
