I looked into this a bit more. Hendrickson was given permission to seak a trade last Thursday.
The big issue with him is money. He knows he is coming to the end and he wants to cash in. But the Bengals are struggling to "Make Chase the highest paid non QB in the league" while also placing the franchise tag on Higgins for the second year in a row.
Hendrickson wants money in accordance with the new payscale reset...likely looking at 4 years between 130-140 million. Thats a lot of cheddar for a guy at 30, but not so much if he continues getting over 15 sacks a season for most of those years.
For trade value...the last pass rusher over 30 to get a 2nd round pick in return was Kalil Mack a few years back. Even most of the guys in their late twenties are only drawing a third plus.... But they didnt just put up 17.5 sacks either....and the other guys were under contract so an immediate huge extension was not part of the equation.
Its possible a 3rd plus gets it done..my previous suggestion of 2 thirds would actually be a pretty high offer. Or a 2025 third and a 2026 second. The biggest issue is that he is still under contract for 1 more year and Cincy does not want to lose him...Hendrickson is going to have to force the issue in order for the GM to move on any deal.
It seams, they are allowing him to see what kind of contract offers other teams will make and if it is just not doable for Cincy, then they will look at what said team is offering in trade.
Its a tricky situation but I think it will be ongoing for the next few months....maybe during the draft at best.
The big issue with him is money. He knows he is coming to the end and he wants to cash in. But the Bengals are struggling to "Make Chase the highest paid non QB in the league" while also placing the franchise tag on Higgins for the second year in a row.
Hendrickson wants money in accordance with the new payscale reset...likely looking at 4 years between 130-140 million. Thats a lot of cheddar for a guy at 30, but not so much if he continues getting over 15 sacks a season for most of those years.
For trade value...the last pass rusher over 30 to get a 2nd round pick in return was Kalil Mack a few years back. Even most of the guys in their late twenties are only drawing a third plus.... But they didnt just put up 17.5 sacks either....and the other guys were under contract so an immediate huge extension was not part of the equation.
Its possible a 3rd plus gets it done..my previous suggestion of 2 thirds would actually be a pretty high offer. Or a 2025 third and a 2026 second. The biggest issue is that he is still under contract for 1 more year and Cincy does not want to lose him...Hendrickson is going to have to force the issue in order for the GM to move on any deal.
It seams, they are allowing him to see what kind of contract offers other teams will make and if it is just not doable for Cincy, then they will look at what said team is offering in trade.
Its a tricky situation but I think it will be ongoing for the next few months....maybe during the draft at best.