Trey Hendrickson rumor offers $10 million contract update amid quiet free agency bid

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We are in Day 2 of the legal tampering period and former Cincinnati Bengals star edge rusher Trey Hendrickson has yet to find a home.

As edge rushers came flying off the board with expensive contracts on Monday, all has been quiet on Hendrickson — and now we know why.

According to CBS Sports' Jonathan Jones, teams that have spoken to the free-agent edge rusher revealed that there is close to a whopping $10 million per year gap between the offers from those teams and what Hendrickson is asking for.

"As of this morning there were teams I spoke with who said the gap between what he wanted and what they were willing to pay was close to $10M per year," Jones reported.

And what is Hendrickson looking for exactly?

Well, we can't say for sure, but ESPN's Adam Schefter indicated that Hendrickson is probably looking for somewhere between $30-40 million per year in a new deal.

Schefter added that Hendrickson's market has not materialized the way he had hoped, which has led to him not signing anywhere just yet.

"Trey Hendrickson sees himself in the company of [Danielle Hunter and Jaelan Phillips]," Schefter reported. "And so you would think there would be a corresponding contract in that vicinity."

"But if there's not a team out there that's willing to give you $40 or $30 million, sometimes it takes a player a little bit of time to understand how the market works like that and to accept that just because Danielle Hunter might get 40, you might not get 40. Just because Jaelan Phillips gets 30, doesn't mean you get 30," he added.

"And so right now he's talking to a bunch of teams, but nobody has met his price just yet and he's a very strong-minded, prideful person. He wants to get his price and until he feels like he does, he's not willing to going to compromise," Schefter concluded.

On the surface, it is a bit surprising that Hendrickson doesn't have a more robust market. After all, he has posted elite sack production during his career, including leading the NFL in that category from 2023-24.

However, Hendrickson is also 31 years old and is coming off a season in which he was limited to just seven games due to a core muscle injury that required surgery.

That is clearly not helping his market at all, and with the kind of gap Jones reports, we may not get a conclusion for Hendrickson anytime soon.

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