Player Signing TE Hunter Henry signs 2 year extension

[Hammer of Thor]

That is very reasonable money, in fact probably cheaper than what he could get in free agency.

 

[Ross12]

Guessing the contract is something like...

- Guarantees his existing 2026 salary of $7.1M that he was about to get guaranteed anyway
- $3.2M salary in 2027, guaranteed
- $8.6M salary in 2028, not guaranteed
- $4.2M signing bonus
- $2M in workout & roster bonuses in 2027 and 2028 each year to get the additional "up to" +$4M

This would mean the cap charge in 2026 goes up by ~$1.4M, his cap charge in 2027 would be ~$6M or so, and then a 2028 cap charge of ~$11-12M which would only carry a dead money hit of about $1.4M so easy to dump if he's wearing down, but also easy to keep or extend short-term if he's worth keeping. Makes sense to keep his 2027 hit low too, since they have a bit tighter year there already even before any Gonzalez or Maye extensions hit the books.

 

[patman52]

Well, you were wrong. It’s 2/16 with incentives to 20. 14.5 in guarantees

solid deal, 8 mill for 50 plus receptions is value.

 

[rkarp1]

Guessing the contract is something like...

- Guarantees his existing 2026 salary of $7.1M that he was about to get guaranteed anyway
- $3.2M salary in 2027, guaranteed
- $8.6M salary in 2028, not guaranteed
- $4.2M signing bonus
- $2M in workout & roster bonuses in 2027 and 2028 each year to get the additional "up to" +$4M

This would mean the cap charge in 2026 goes up by ~$1.4M, his cap charge in 2027 would be ~$6M or so, and then a 2028 cap charge of ~$11-12M which would only carry a dead money hit of about $1.4M so easy to dump if he's wearing down, but also easy to keep or extend short-term if he's worth keeping. Makes sense to keep his 2027 hit low too, since they have a bit tighter year there already before any Gonzalez or Maye extensions hit the books.

very reasonable assumption
the only thing left unsaid is his potential incentives
I would assume tied to rcpts, yards, td's, etc. will be interesting if they are accounted for as likely or not likely to be earned.

 

[Ring 6]

have to wait on the details, but more than likely you are wrong
as usual

He got 14.5 guaranteed. That means the least he can make is 14.5. If he is here year 2 he also makes his year 2 salary, at least the portion that is not guaranteed.

 

[Ring 6]

Big news! Keeps Henry around while Raridon develops. Hopefully after a bit of time, Raridon can take over the primary blocking role which lets Henry focus on mostly receiving, which is where he shines and saves some wear and tear. If that happens then he may be able to squeak out another year or two after this.

Either way this is a good deal, and the money is very logical and seems to be a little less than he might make on the open market after this season. I'm curious how the money breaks out since he has "$14M guaranteed" but he was effectively guaranteed $7M in salary this year as soon as week 1 hits, so there's a chance some of that $14M includes money this year that he was going to get anyway and just makes this contract sound bigger than it actually is. We'll have to see though.

I don’t think a 2 year extension with 14.5 mill guarantee means they guaranteed money on the year that was left. That wouldn’t make sense

 

[Ring 6]

very reasonable assumption
the only thing left unsaid is his potential incentives
I would assume tied to rcpts, yards, td's, etc. will be interesting if they are accounted for as likely or not likely to be earned.

Not reasonable at all. His 14.5 mill guaranteed would not include his 2026 salary which is now guaranteed by default. 14.5 of the 2/16 to 2/20 is guaranteed

 

[Ross12]

I don’t think a 2 year extension with 14.5 mill guarantee means they guaranteed money on the year that was left. That wouldn’t make sense

Yes it can happen. They did not explicitly say that the guarantees are part of the new years. They could be guaranteeing money in the existing year remaining. Often times, extensions come with modifications to the existing years still on the books in the form of pay bumps, guaranteeing salaries etc.

 

[Ring 6]

solid deal, 8 mill for 50 plus receptions is value.

Agreed. It’s not a terrible deal even if he becomes TE2 playing about 50% of the snaps before it’s over.

 

[Ring 6]

Yes it can happen. They did not explicitly say that the guarantees are part of the new years. They could be guaranteeing money in the existing year remaining.

Why would Henry accept that? The 2026 is guaranteed by default.

 

[Ross12]

Why would Henry accept that? The 2026 is guaranteed by default.

Because he still got another $7M+ guaranteed beyond that.

 

[Milton Quagmire]

Y'all remember when BB "surprised" us in FA by signing Henry after he signed Jonnu Smith for big dollars?! LOL Funny how things work out sometimes! This is really good news!

 

[rkarp1]

Not reasonable at all. His 14.5 mill guaranteed would not include his 2026 salary which is now guaranteed by default. 14.5 of the 2/16 to 2/20 is guaranteed

you have no idea of knowing if it does or not
it is very plausible that it does
nowehere is it mentioned "new money"
we have to wait on the specific details, but more than likely, you are wrong on this

 

[rkarp1]

Why would Henry accept that? The 2026 is guaranteed by default.

so what
he now has practically doubled his guaranteed money, with the potential to earn more, and is staying where he wants to be, and end his career

 

[rkarp1]

Y'all remember when BB "surprised" us in FA by signing Henry after he signed Jonnu Smith for big dollars?! LOL Funny how things work out sometimes! This is really good news!

you?
wth are you doing here?
say hello to my old friends on the Jets forum, please

 

[mike_usagisan]

I think Henry is a better TE than he gets credit for around these parts, so I'm happy to see him staying. Also, he's a great locker room guy and one of the Mayes' best friends. Just an all-around asset to the team.

 

[rkarp1]

I think Henry is a better TE than he gets credit for around these parts, so I'm happy to see him staying. Also, he's a great locker room guy and one of the Mayes' best friends. Just an all-around asset to the team.

indeed
another move with Maye top of mind

 

[Wozzy]

I think Henry is a better TE than he gets credit for around these parts, so I'm happy to see him staying. Also, he's a great locker room guy and one of the Mayes' best friends. Just an all-around asset to the team.

Around these parts everybody besides the QB is average or outright sucks… so there’s that.

 

[Clonamery]

Around these parts everybody besides the QB is average or outright sucks… so there’s that.

Maye & 52 Jags.

 

[Wozzy]

Maye & 52 Jags.

Maye elevates them all with his magic powers.