Trey Hendrickson Update

[Luvnit2]

(8 hours ago)SunsetBengal Wrote: He's currently the 27th highest paid DE in the league. In order to be reflective of his achievements along with the effort and talent that he continues to display, would you say putting him in the top 5 DE salaries is a fair spot for him?  If so, what value should that contract be?

You are ignoring his 10 million bonus he received 2 years ago, so if they extend him is it fair his real salary in 2025 right now is 20.8 million and not 15.8 million you are using for 27th best.

I have posted many versions in this thread. My sticking point is the 2025 last year of his contract.

If he is truely making 20.8 million right now, then I think extending by offering him 8 to 10 million is fair in 2025, a bonus. Then for years 2 and 3 give him the means to make 32 to 35 million in years 2 and 3, but only guarantee around 60% of year 2 and none of year year 3. Tie it into roster bonuses each year and also performnce bonuses.

It is simple, he keeps producing at the current rate for sacks, he should be rewarded it for it in 2026 and 2027. If he doesn't, that is on him. Why should the team bear the brunt of the risk? 

[SunsetBengal]

(7 hours ago)Luvnit2 Wrote: You are ignoring his 10 million bonus he received 2 years ago, so if they extend him is it fair his real salary in 2025 right now is 20.8 million and not 15.8 million you are using for 27th best.

I have posted many versions in this thread. My sticking point is the 2025 last year of his contract.

Ig he is truely making 20.8 million right now, then I think extending by offering him 8 to 10 million is fair in 2025, a bonus. Then for years 2 and 3 give him the means to make 32 to 35 million in years 2 and 3, but only guarantee around 60% of year 2 and none of year year 3. Tie it into roster bonuses each year and also performnce bonuses.

It is simple, he keeps producing at the current rate for sacks, he should be rewarded it for it in 2026 and 2027. If he doesn't, that is on him. Why should the team bear the brunt of the risk? 

The 27th ranking is based upon $21M, the AAV of the deal.

[*Synric*]

(7 hours ago)Luvnit2 Wrote: You are ignoring his 10 million bonus he received 2 years ago, so if they extend him is it fair his real salary in 2025 right now is 20.8 million and not 15.8 million you are using for 27th best.

I have posted many versions in this thread. My sticking point is the 2025 last year of his contract.

Ig he is truely making 20.8 million right now, then I think extending by offering him 8 to 10 million is fair in 2025, a bonus. Then for years 2 and 3 give him the means to make 32 to 35 million in years 2 and 3, but only guarantee around 60% of year 2 and none of year year 3. Tie it into roster bonuses each year and also performnce bonuses.

It is simple, he keeps producing at the current rate for sacks, he should be rewarded it for it in 2026 and 2027. If he doesn't, that is on him. Why should the team bear the brunt of the risk? 

Of course the Signing Bonus from 2023 is ignored in the 2025 salary. Just like the 2023 base salary was lowered because he received a signing bonus. Trey made an average of around 16m per year from 2023-2025. 

[Luvnit2]

(6 hours ago)SunsetBengal Wrote: The 27th ranking is based upon $21M, the AAV of the deal.

Spotrac shows him at 7th at 20.8 million

https://www.spotrac.com/nfl/rankings/player/_/year/2025/position/de/sort/cap_total

Give him 8 million in 2025 he goes to 3rd 20.8 + 8 = 28.8 million

Give him 10 million and he goes to 2nd only behind Crosby

[masonbengals fan]

28 seems like a reasonable offer but what do I know.

[Luvnit2]

(6 hours ago)Synric Wrote: Of course the Signing Bonus from 2023 is ignored in the 2025 salary. Just like the 2023 base salary was lowered because he received a signing bonus. Trey made an average of around 16m per year from 2023-2025. 

Trey has not played 2025. Thus far he received a 10 million bonus in 2023 signing bonus + 2022 salary 6.8 million + 3 million roster bonus + 3 million in per game bonuses = 2023 - 22.8 million

2024 - 14.8 base + 3.4 per game bonuses = 18.2 million

Thus far he has received total in 203 and 2024 = 41 million

So in year one and 2 averaged 20.5 million

In 2025 - base will be 15.8 + 3.4 million in per game bonuses = 19.2 million

All told  he will average 20 million per year if the team does nothing.

He has incentives in the current contract, some were easy to hit like a roster bonus, other per game not as much.

My point is the starting point for 2025 is closer to 20 million once the bonus is factored in and not the 15.8 million some like to use.

https://www.spotrac.com/nfl/player/_/id/21845/trey-hendrickson

Lookin back, this contract had a lot of guaranteed money and was very good when it was written for Trey.

[*PhilHos*]

(5 hours ago)Luvnit2 Wrote: Lookin back, this contract had a lot of guaranteed money and was very good when it was written for Trey.

Has someone told Trey that?

[SunsetBengal]

(6 hours ago)Luvnit2 Wrote: Spotrac shows him at 7th at 20.8 million

https://www.spotrac.com/nfl/rankings/player/_/year/2025/position/de/sort/cap_total

Give him 8 million in 2025 he goes to 3rd 20.8 + 8 = 28.8 million

Give him 10 million and he goes to 2nd only behind Crosby

Nice try, that's cap hit for this specific year. The actual contract AAV for this year is listed as $21M, which ranks 27th among DEs.

Here, use the correct link.
https://www.spotrac.com/nfl/contracts/_/position/de

[Luvnit2]

(5 hours ago)SunsetBengal Wrote: Nice try, that's cap hit for this specific year. The actual contract AAV for this year is listed as $21M, which ranks 27th among DEs.

Here, use the correct link.
https://www.spotrac.com/nfl/contracts/_/position/de

It is not a nice try. It is factual info. Mine is strictly pay for 2025, not for 2026 to 2028 as many others deals are set. Your link is comparing future deals to Trey's current deal only.

I also broke down Trey's current deal and provided the link. He has already been paid over 40 million in year 1 and 2.

As I said, 8 to 10 million signing bonus is a great concession by the team in my opinion for 2025.

[XenoMorph]

(5 hours ago)PhilHos Wrote: Has someone told Trey that?

Trey had a big smile on his face when he signed it lol

[*Nate (formerly eliminate08)*]

(7 hours ago)Nepa Wrote: The whole discussion is kind of weird. There is a general blame toward the Bengals FO for not signing Chase last year before the cap rose and the WR market went up, yet some now are saying the Bengals should renegotiate with a top player if the market changes and the player is no longer being paid as if elite. This is being applied to Trey, but if the Bengals FO had signed Chase to an extension a year ago, would he be in his right to hold out this year for yet another contract because he won the WR triple crown and was no longer being paid accordingly?

I think it would be wonderful if the Bengals want to sign Trey to an extension and add years and bump up his salary. He deserves it. But I don't like that he signed a contract he was happy with and now says he will not honor that contract but will hold out until they pay him what he is worth. Many of us have signed contracts we later regretted and we have to live with our mistakes because, well, we knowingly and in good faith signed the contract. 

Well said, I like Trey, but this is not a good look for him regardless of what you think about our FO.

Still stand by his agent is a dumbass lol

[Whatever]

(7 hours ago)SunsetBengal Wrote: No, it wasn't. At that time neither Geno, nor the team knew that he was going do develop a physical issue that would lead to him retiring from the game. Don't forget, those contracts didn't include the massive amount of percentage guaranteed like they do now, so most of that money was left on the table when he retired. If anything that deal was a gesture of respect for a player who had given his all to the team for his entire career. Geno was able to retire with dignity and financial security. 

He was on the south side of 30 years old.  Unless you were delusional and thought he would age like wine, you had to expect a dramatic drop in performance over the coming years.  He also got $15 mil at signing, plus another $23.5 million in salary in '19 and '20.  Even more painful is he didn't retire straight away, holding out hope that he could still play, forcing the club to cut him in '21 and eat $5.2 mil in dead cap in a year they were a defensive stop or a half decent G from being SB champs.  

[Sled21]

https://www.espn.com/nfl/story/_/id/38082135/bengals-extend-de-trey-hendrickson-2025-season

Quote:CINCINNATI -- The Bengals have reached a contract extension with one of the best players on their roster, as defensive end Trey Hendrickson signed a one-year deal through the 2025 season, the team announced Thursday.

The extension includes $21 million in new money, sources told ESPN's Field Yates, with a $5 million raise for 2023 and $16 million in 2025.

Hendrickson's original four-year, $60 million deal that he signed with the Bengals before the 2021 season was set to expire at the end of the 2024 season.

And the 16 million he was supposed to get this year increased with an offer of 28 million. He signed his 60 million dollar deal, then redid it and got an extra 21 million, which he now wants to do and turned down the 12 million dollar raise they offered him for this year. There seems to be two parallel, yet conflicting, trains of thought going on in this and other threads. On one hand, the Bengals should sign players early to save money when the market goes up, and on the other hand, the Bengals should just let players demand new contracts every year they are here if they don't feel like they are making enough.

[NUGDUKWE]

(5 hours ago)Sled21 Wrote: https://www.espn.com/nfl/story/_/id/38082135/bengals-extend-de-trey-hendrickson-2025-season


And the 16 million he was supposed to get this year increased with an offer of 28 million. He signed his 60 million dollar deal, then redid it and got an extra 21 million, which he now wants to do and turned down the 12 million dollar raise they offered him for this year. There seems to be two parallel, yet conflicting, trains of thought going on in this and other threads. On one hand, the Bengals should sign players early to save money when the market goes up, and on the other hand, the Bengals should just let players demand new contracts every year they are here if they don't feel like they are making enough.

Well if those players are the triple crown holder and the sack leader heck yes let them complain and they should be paid early and often.

[BFritz21]

Has his agent spoken to other teams and found out what kind of market there is for him?

What would other franchises be willing to pay him?

[NUGDUKWE]

(3 hours ago)BFritz21 Wrote: Has his agent spoken to other teams and found out what kind of market there is for him?

What would other franchises be willing to pay him?

Well it was reported i believe that teams were willing to pay his contract demands but they didn't want to meet the Bengals asking price in a trade.

[*Synric*]

(5 hours ago)Luvnit2 Wrote: Trey has not played 2025. Thus far he received a 10 million bonus in 2023 signing bonus + 2022 salary 6.8 million + 3 million roster bonus + 3 million in per game bonuses = 2023 - 22.8 million

2024 - 14.8 base + 3.4 per game bonuses = 18.2 million

Thus far he has received total in 203 and 2024 = 41 million

So in year one and 2 averaged 20.5 million

In 2025 - base will be 15.8 + 3.4 million in per game bonuses = 19.2 million

All told  he will average 20 million per year if the team does nothing.

He has incentives in the current contract, some were easy to hit like a roster bonus, other per game not as much.

My point is the starting point for 2025 is closer to 20 million once the bonus is factored in and not the 15.8 million some like to use.

https://www.spotrac.com/nfl/player/_/id/21845/trey-hendrickson

Lookin back, this contract had a lot of guaranteed money and was very good when it was written for Trey.

Your math is off. 
 
In 2023 - 6.8m Base Salary + 13m signing bonus + 3m roster bonus + 200k per game bonus = 23m
2024 - 14.8m Base Salary + 200k per game bonus = 15m
2025 - 15.8 Base Salary + 200k per game bonus = 16m

So it averages to 18m per year. 

[*rfaulk34*]

(5 hours ago)Luvnit2 Wrote: It is not a nice try. It is factual info. Mine is strictly pay for 2025, not for 2026 to 2028 as many others deals are set. Your link is comparing future deals to Trey's current deal only.

I also broke down Trey's current deal and provided the link. He has already been paid over 40 million in year 1 and 2.

As I said, 8 to 10 million signing bonus is a great concession by the team in my opinion for 2025.

For the life of me, i just can't figure out why you defend the Bengals FO so hard. 

What have they ever done for you? Not nearly as much as the players do, who you cheer for every Sunday (monday, thurs). Guys who actually put their bodies on the line so you can jump up and down, laugh, high five and smile with friends and family. 

Why do you go so hard at a player like Trey when this FO has done nothing but screw stuff up since forever?

[*rfaulk34*]

(5 hours ago)Nate (formerly eliminate08) Wrote: Well said, I like Trey, but this is not a good look for him regardless of what you think about our FO.

Still stand by his agent is a dumbass lol

So..if the front office gets it right in the first place, there's no need for Trey's "look", ya?

Once again, Bengals FO ***** things up and causes the issue. 

[Essex Johnson]

(3 hours ago)NUGDUKWE Wrote: Well it was reported i believe that teams were willing to pay his contract demands but they didn't want to meet the Bengals asking price in a trade.

I never saw that a contract number reported, that seems cart before the horse thinking, if they are not going to meet the demand of the Bengals, no reason to even discuss contract.