NFL FREE AGENCY
How NFL, Texans will value veteran running backs
Mar 7, 2024, 5:31 pm
NFL FREE AGENCY
Derrick Henry is back in the gym, eager to prove turning 30 is just a number that shouldn’t affect the four-time Pro Bowl running back’s value on the NFL's open market.
The man who organized a group chat among the league's top running backs last summer is about to find out exactly what teams are willing to pay for proven experience.
And Henry has company with stars such as Saquon Barkley, Josh Jacobs and Tony Pollard — the three running backs hit with franchise tags in 2023 — also hitting free agency. Barkley didn't sign his tag and wound up playing last season for $10.1 million.
So will these running backs find big contracts when the NFL free agent market opens next week? Or will they have to be patient, choosy or simply have to settle for less?
“We’re all going to find out,” Texans general manager Nick Caserio said. “Free agency is just — it’s what does the market tell you? And then any player, what are you willing to pay that player commensurate with their role?”
The cost of free agents changes every March with the start of each new NFL year. Positions get slotted, and running backs have been hit the hardest with less expensive replacements available. Only kickers and punters are paid less on average by position than backs whose bodies take crunching hits every handoff and block.
No NFL team in the offseason gave itself more negotiating time with either a franchise or transition tag on a running back that would've cost a mere $9.7 million for 2024. Again, only kickers and punters had a lower value.
Of the nine total tags since the start of the offseason, seven went to defensive players.
So a group of experienced and talented players is poised to hit the free agent market.
“There’s some good names there,” Giants GM Joe Schoen said at the NFL combine last week. “I mean, it’s a little bit of a saturated market. There are some guys at different ages that have had success, there’s some older guys that have had some success. So, it’s a diverse group.”
Age isn't a factor for Jacobs at just 26. But he is coming off his worst season, having rushed for only 805 yards last season, and the Raiders also have Zamir White as they look for a possible replacement for Jacobs.
"The talent pool at that position in free agency is relatively high,” Raiders GM Tom Telesco said.
Even with the jump in the NFL salary cap for 2024, running backs may be forced to be patient and choosy.
One thing in their favor? The pool for running backs in April's draft is a bit shallow with only 12 projected as fifth-round picks or better out of 35 graded before the combine.
Incoming running backs have noticed the low value the NFL has placed on their position. Blake Corum of Michigan said it's up to running backs to fix that narrative by being game-changers.
“Running backs obviously want to get paid more, but at the end of the day it is what it is, you can only control the controllables and that's the way I look at it so I'm not so worried about it,” Corum said.
Vikings general manager Kwesi Adofo-Mensah said that just because the market price hasn't risen along with others doesn't negate the impact of good running backs.
"All it does is take one team, one deal to reset a market and change things,” Adofo-Mensah said. "I’m not going to say that it’s not going to be this year, but there’s a lot of exciting options on the market. We’ll take a look at them like we take a look at every position.”
Henry made clear after the Titans' season ended that he was looking forward to becoming a free agent, essentially for the first time since high school. He agreed to a four-year extension after being tagged in 2020.
Yes, he turned 30 in January, but the 2015 Heisman Trophy winner started only four games combined over his first two seasons in the NFL behind DeMarco Murray. Henry led the NFL in carries with 280 and was second in rushing behind the 49ers' Christian McCaffrey in 2023.
One of only eight men to run for at least 2,000 yards in a season, Henry also is tied for 13th in NFL history with 90 rushing TDs, tied with Eric Dickerson and Curtis Martin. He's also 508 yards from passing Eddie George as the franchise's career leading rusher.
Whether Henry gets that chance has been the most popular question in Tennessee for general manager Ran Carthon. He goes into his second season with a new coach in Brian Callahan and Tyjae Spears, a big dual threat out of the backfield as a rookie in 2023.
“I have a responsibility to build this team long term,” he said. "And like I said, we’ll cross that bridge with Derrick and his team when we get there.”
That time is here. The only question is at what price.
The Houston Astros have looked like one of baseball’s most dangerous teams in recent weeks, riding a hot streak fueled by dominant starting pitching and a red-hot offense that’s erupted for double-digit runs in four of their last eight games. But behind the current success, there are fair questions about whether this pace is truly sustainable as the grind of the season continues.
Yes, the Astros are winning — and winning big — but context matters. Many of their recent victories have come against struggling clubs like the White Sox and Athletics. Even matchups against the Twins and Guardians, while respectable, don’t exactly represent championship-caliber tests. That soft stretch of the schedule has certainly helped Houston pad its win column, but it may not be the best predictor of long-term performance. Houston will be tested in the upcoming series against the Phillies and Cubs.
On the pitching side, the numbers have been impressive, but how repeatable is it? With Lance McCullers Jr. sidelined for at least a couple of weeks, the Astros are relying on a patchwork rotation that includes unproven arms like Colton Gordon, Ryan Gusto, and Brandon Walter. While each has shown flashes, asking them to shoulder the load deep into the summer may be a tall order.
Offensively, Houston is firing on all cylinders. But scoring 10 or more runs every other game simply isn’t sustainable over a 162-game season. Regression is inevitable; the question is how the team responds when the bats cool down or the bullpen is asked to carry more weight.
Amid all this, rookie third baseman Cam Smith continues to shine. Just a few months into his major league career, Smith is producing at a level that suggests he’s not just a key piece of the future — he’s already one of the team’s most valuable players. His batting average sits just a point behind Jose Altuve’s, and his OPS is even higher. If the Astros were forced to choose two players to build around long-term, factoring in youth and contract status, the logical duo might be Smith and breakout pitcher Hunter Brown.
So what about the big picture? Is this team a true World Series contender?
Oddsmakers currently have Houston with the seventh-best odds to win it all, and only the Yankees and Tigers rank higher among American League teams. The core is still there, the experience is undeniable, and if the pitching continues to hold — especially with the anticipated return of Spencer Arrighetti and a healthy McCullers — the Astros have every reason to believe they’ll be in the mix deep into October.
But that’s a big “if.” The ceiling is still high, and with Cam Smith emerging as a star in real time, this team might just have another gear. Whether they can reach it when the competition stiffens, that remains to be seen.
There's so much more to cover! Don't miss the video below as we examine the topics above and much, much more!
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