Derrick Henry appears to be on his way out.
Tennessee shopped around the 2020 NFL Offensive Player of the Year, according to Bally Sports’ Mike Silver.
The offseason is in full swing, and the Titans have already let go of numerous veterans to save money: wide receiver Robert Woods, offensive tackle Taylor Lewan, linebacker Zach Cunningham, and kicker Randy Bullock.
Henry is due a base salary of $10.5 million this season. If the Titans can unload him elsewhere, they’d save $6.3 million on their salary cap in 2023.
Now that his name is floating around as a trade candidate, PointsBet Sportsbook has listed the Miami Dolphins and Cincinnati Bengals as favorites to acquire him. Each AFC team has +400 odds.
Behind them are the Kansas City Chiefs, Philadelphia Eagles, and Buffalo Bills who all have +500 odds.
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Tennessee is now hitting the reset button on the franchise not too long after the squad once had Henry, A.J. Brown, and Julio Jones.
The Titans clinched the AFC’s No. 1 seed in 2021 but lost in the Divisional round 19-16 to the Bengals.
Last season, the team finished off the year by losing their last seven games and tumbling their way out of a playoff spot. In 2022, Henry put up 1,538 yards and 13 touchdowns on the ground as well as 398 receiving yards.
