Bengals Could Tag DE Trey Hendrickson

When after months (technically years) of drama over Bengals defensive end Trey Hendrickson‘s contract situation ended with a one-year agreement, it seemed the saga would finally end with Hendrickson hitting free agency at the conclusion of the season. The situation refuses to die, though, as Mike Garafolo of NFL Network reports (via colleague Ian Rapoport) that the Bengals are considering using this year’s franchise tag on Hendrickson.

After a quiet start to his career as a third-round pick in New Orleans, a breakout, 13.5-sack season in a contract year led to Hendrickson signing with the Bengals on a four-year, $60MM deal. Hendrickson has remained one of the league’s top pass rushers ever since, though injuries slowed him a bit in 2022 and 2025. The Bengals had been notorious for establishing a young culture by never being the team to sign players to their third contracts. They kind of broke that tradition by agreeing to extend Hendrickson’s deal (by only a year) as a way to adjust his compensation to better match his production. The extension allowed the team to lower Hendrickson’s salary cap impact while increasing his earnings over the last years of his deal.

Not satisfied with the Bengals’ short-term commitment, and after posting a career-high 17.5 sacks in 2023, the veteran defender turned his eyes towards another new contract. After discussing the possibility of another extension and walking away without an agreement, Hendrickson officially requested a trade. Cincinnati called his bluff, refusing to deal him, and when he decided to attend voluntary workouts, the Bengals turned their eyes to the eventual discussions that were sure to take place in the following offseason.

Initially, the Bengals made it seem as if they were open to extending the star pass rusher, who had just delivered a second straight 17.5-sack campaign, but only days later, they also started to convey an openness to trading him, eventually granting him permission to seek a trade. The Bengals and Hendrickson continued to negotiate a possible extension while several teams made offers, yet the Bengals consistently seemed to believe the trade offers did not offer enough value for Hendrickson while simultaneously arguing that Hendrickson was seeking too much value in a contract extension.

Eventually, talks in both directions seemed to stall, and Hendrickson threatened to hold out, even into the regular season. The Bengals stood pat, and as training camp began, Hendrickson showed he was serious this time. After having skipped minicamps earlier in the offseason, he officially began his training camp holdout. The drama continued with extension talks stalling and trade talks arising and the cycle repeating with no solutions. Ultimately, the team landed on the altered, one-year deal he played on this year, but it seemed bridges had been burned in the process and eventual free agency was all but guaranteed.

This latest update seems to totally blow up those conclusions. Instead of allowing Hendrickson to depart from what has been a contentious situation and test the open market, it appears Cincinnati is interested in potentially squeezing a bit more benefit out of Hendrickson. Just a week and a half ago, it was reported that, with a franchise tag likely to cost more than $30MM, the Bengals weren’t expected to go that route, but Garafolo suggests the plan could be setting up for a tag-and-trade.

Though trade talks have continuously fallen through as Cincinnati seeks more value than has been offered, there’s apparently a chance they could be going for that route, again. If so, they would likely be tagging Hendrickson under the assumption that he has no interest in signing it to play in Cincinnati again. They would then be selling teams the option of trading for Hendrickson knowing that he would either come with a fully guaranteed $30+MM deal or come with an expectation of a new contract. Either way, Hendrickson would get a chance at a new contract, but in this scenario, the Bengals would be choosing where he goes and would be getting something in return for losing him. The only power Hendrickson would hold would be that he would need to sign the tag to complete the trade.

The much less likely strategy for Cincinnati would be that they intend to either convince Hendrickson to sign and play on the tag or negotiate for another extension. Seeing how well those conversations have gone in the past, it seems unlikely that the team is attempting to extend Hendrickson’s time as a Bengal. We won’t know for several weeks, until free agency begins in March, but it seems this situation won’t get a clean conclusion just yet.