NFL Execs Reveal Ravens’ Asking Price for Derrick Henry Before Deadline

A new rumor is making the New York Giants trading for Derrick Henry instead of Jonathan Taylor more realistic before next week's NFL trade deadline.

According to a report from NFL insider Jason La Canfora, multiple executives around the league believe the Baltimore Ravens could get third-round value for the five-time Pro Bowl running back.

One general manager told La Canfora that Ravens GM Eric DeCosta "could definitely get something for Henry, absolutely."

That something, according to "multiple executives," is a third-round pick.

The timing matters.

The Giants currently sit atop the NFC East standings with a 4-2-1 record heading into the Week 9 NFL schedule.

A year ago, they were 2-5 and mentioned as potential sellers before the deadline.

Now they have reasons to shop for upgrades to make a serious run at the division title in the second half.

According to reports over the weekend, the Giants are competing with the Minnesota Vikings, Green Bay Packers, Cincinnati Bengals, and Denver Broncos in the ongoing Taylor sweepstakes.

ESPN's Dan Graziano recently said, "I would guess [Taylor] gets traded, and I wouldn't be at all surprised if it was the Giants who made that move."

But the reported asking price for Taylor is a second-round pick and more.

That price could rise if teams get desperate to add the three-time Pro Bowler.

That is why the Giants must have alternative options on their wish list.

Enter Derrick Henry.

Henry, 32, is in his second season with the Ravens after signing a two-year, $16 million deal in 2024.

Baltimore handed him a two-year, $30 million extension ahead of the 2025 season.

He has one more season left on his contract after this year.

In 2026, Henry has appeared in eight games for the Ravens and rushed 158 times for 632 yards (4.0 YPC) and eight touchdowns.

He has also caught 12 passes for 75 yards and a touchdown.

His workload leads the NFL, highlighting how heavily the Ravens depend on him to move the ball.

The Ravens are 4-4 this season.

Both Lamar Jackson and Tyler Huntley are done for the year.

Jackson suffered a thumb injury during the team's 36-10 defeat against the Buffalo Bills in Week 8.

Huntley also sustained a toe injury in the same game.

Third-string quarterback Joe Fagnano could take charge against Jacksonville.

That situation may force Baltimore to lean even more heavily on its ground game, putting Henry at the center of the offensive strategy.

Despite that, La Canfora thinks it could be time to move on from Henry with him set to be a free agent after the year at 32 years old.

According to La Canfora, while some around the league believe DeCosta would be very hesitant to trade the five-time Pro Bowler, various executives "believe it is the only cogent path to start digging out of a massive roster, payroll, and salary cap hole and begin playing the youngsters on the roster."

The industry believes DeCosta will be too stubborn to sell at the deadline.

However, with the inevitable shift to a younger roster bound to come in Baltimore, they could use additional draft capital after sending a 2028 second-round pick to acquire center Cam Jurgens.

What would a trade package look like?

The Giants don't have a fifth-round pick in 2027.

Their fourth-rounder is a compensatory pick.

But they do have a third-rounder.

They could offer a third-rounder in 2027 and a future Day 3 pick to sweeten the pot.

Or to try to blow the competition away, they could offer their second-round pick in 2027.

DeCosta has to be willing to trade Henry first.

The Giants are a team to watch over the next week.

According to the rumblings around the team, along with improving the interior of their defensive line, upgrading the backfield is a goal for the front office before Nov. 10.

Henry faces one of his toughest tests of the 2026 NFL season when the Ravens take on the Jacksonville Jaguars in Thursday night's Week 9 clash.