The Giants told Derrick Henry this week that they are not shopping him, but Tennessee has received at least one offer for the two-time NFL champion and will continue to listen to offers for most of the players on their roster — including Henry. Until Tuesday’s trade deadline, according to sources.
While only a few players are off limits to Tennessee and Henry’s contract is expiring, the Giants have a hefty price tag on their veteran star who is expected to play today against the Falcons.
Often times, a mid-round pick is made for a star player with a higher-than-minimum trade contract midway through the season. Sources said the Giants are asking for more — an indication of how much they value Henry, 29, and what it would take to part with him while they are still alive in the AFC playoff chase at 2-4.
Henry makes a base salary of $10.5 million this season, so the new team would be responsible for picking up the remaining $5.83 million unless Tennessee eats the money as part of a potential trade. The trade deadline is 4pm ET on Tuesday. But the deadline to renegotiate the contract to facilitate the trade is 4pm EST on Monday because the trading team must hold the contract at the salary cap for 24 hours.
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