Bengals’ Trey Hendrickson Unlikely To Generate Strong Tag-And-Trade Market

The nature of Trey Hendrickson‘s Bengals future is once again in doubt this year. A free agent departure looms unless Cincinnati uses the franchise tag in this case.

After playing a one-year agreement in 2025, Hendrickson has long been expected to find a new home this spring. A departure would set the Bengals up for a compensatory pick in 2027, but they could instead aim for immediate draft capital by tagging Hendrickson and then trading him to an interested team. Taking that route would likely not yield a notable return.

The Bengals will use the upcoming Combine to evaluate Hendrickson’s market, Kelsey Conway of the Cincinnati Enquirer reports. That comes as no surprise, as many major roster decisions are informed when front office executives and player agents gather in Indianapolis. The Bengals will gauge the willingness of suitors to acquire Hendrickson in a tag-and-trade scenario, but the presence of other pass rushers on the market will lessen the willingness of outside teams to pursue a trade in this case.

An executive Conway spoke with predicted teams will be prepared to spend no more than a third-round pick in a Hendrickson trade. Any acquiring team will be required to work out a long-term pact with the four-time Pro Bowler, something which the Bengals have – in highly public fashion – been unable to do for quite some time. That will limit the number of genuine contenders to acquire Hendrickson, who was previously the subject of much stronger trade offers.

The pending free agent class includes a number of younger options than Hendrickson, who is approaching his age-31 season. The likes of Jaelan Phillips, Odafe Oweh and Kwity Paye are each on course to reach the open market for the first time in their careers. The list of free agents will also include another veteran in the form of Bradley Chubb, whose Dolphins release was learned of on Monday, while a blockbuster Maxx Crosby trade remains a possibility. The depth of alternative targets, coupled with Hendrickson’s injury-shortened 2025 campaign, could limit the Bengals’ ability to line up a significant trade package.

Hendrickson was limited to just seven games this past season due to core muscle surgery. The former Saint was highly productive during his healthy campaigns, though; in 72 Bengals contests, Hendrickson racked up 61 sacks. A parting of ways would come as no surprise with this largely successful Cincinnati partnership having run its course in the eyes of many. Nonetheless, the team may have a difficult time finding adequate value as part of its reset on the edge.

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.

AFC North Notes: Ravens, Bengals, Warhop

Three new staffers are joining Jesse Minter in Baltimore. The Ravens are hiring Dwayne Ledford and Shawn Flaherty from the Falcons along with Mike Mickens from Notre Dame, according to ESPN’s Adam Schefter, The Athletic’s Jeff Zrebiec and CBS Sports’ Matt Zenitz. Ledford will move from Falcons O-line coach to the same position with the Ravens, making the switch after Kevin Stefanski hired Bill Callahan in Atlanta. Ledford joined Arthur Smith‘s Falcons staff in 2021, after a career at the college level, and he has been instrumental in the success of Tyler Allgeier and Bijan Robinson. Ledford was previously Louisville’s OC.

Minter will sign off on the Falcons’ OL staff coming over. Flaherty was in place as Atlanta’s assistant O-line coach from 2023-25, and he will hold the same position in Baltimore. The Falcons ranked in the top 10 in rushing in each of those seasons, though ESPN’s run block win rate metric ranked Atlanta’s front 30th (the Ravens ranked 17th) last season. Mickens spent the past six seasons at Notre Dame, working as the Fighting Irish’s defensive backs coach. He will take the same job in Baltimore, with Minter installing Mickens as his defensive pass-game coordinator. This will be Mickens’ first NFL gig.

Here is the latest from the AFC North:

  • The Ravens are also blocking one staffer from leaving. Inside linebackers coach Tyler Santucci will not be allowed to pursue another opportunity, per Zrebiec, as the Ravens will be retaining the former Georgia Tech DC in 2026. The Ravens hired the one-year Yellowjackets DC as their ILBs coach in 2025. While John Harbaugh may have eyed him for a Giants role, his recent hire will be on Minter’s staff.
  • Departing Ravens OC Todd Monken landed his first HC job today, accepting the Browns‘ position. He will bring veteran O-line coach George Warhop with him to Cleveland, Schefter tweets. Warhop, 64, has been in coaching since 1983 and has been an NFL staffer since 1996. An O-line coach for eight teams over the past 30 years, Warhop is returning to Cleveland, where he was OL coach from 2009-13. Monken worked with Warhop in Tampa and had him in place as the Ravens’ O-line coach over the past two seasons.
  • Trey Hendrickson appears all but certain to leave Cincinnati. The five-year Bengals defensive end staple received a hefty raise in 2025, after the team did not budge on a refusal to offer post-Year 1 salary guarantees, and The Athletic’s Paul Dehner Jr. indicates Hendrickson will almost definitely depart in free agency. It does not appear a franchise tag, which would cost more than $30MM, would be in play for the four-time Pro Bowler coming off just a seven-game season.
  • A far better chance exists Dalton Risner will stay in Cincinnati, however. Mutual interest exists for the journeyman guard — who has repeatedly struck out in free agency as the market devalues his work — to stay, Dehner adds. Risner, 30, joined the Bengals just before last season and started 11 games. He played for just $1.34MM in 2025, and neither of his one-year Vikings deals topped $3MM. The ex-Broncos second-rounder will likely be cheap for the Bengals to retain at RG.
  • As the rest of the AFC North teams make sweeping staff changes, the Bengals are standing pat after a 6-11 season. Retaining Zac Taylor and de facto GM Duke Tobin, the Bengals are also not making scouting changes, the Cincinnati Enquirer’s Kelsey Conway notes. The Bengals have the NFL’s smallest scouting staff, employing just six full-timers. That is a fraction of where most teams’ staffs sit. “Our scouting staff is, in my opinion, the size that it is because I think the collaboration is better at that size,” Tobin said. “We have never lacked for information on a player. There’s never been a player selected that we didn’t have multiple reports and a large background on. It’s not about the volume of information we have.”
  • The Bengals’ latest Tanner Hudson contract checks in at one year and $1.35MM, per OverTheCap. This represents another incremental raise for Hudson, who played for $1.26MM in 2025. He will see $50K guaranteed.

Bengals, Trey Hendrickson Headed For Offseason Split?

Having undergone core muscle surgery earlier this month, Bengals defensive end Trey Hendrickson will not return in 2025. Hendrickson hasn’t taken the field since a Week 8 loss to the Jets. With a trip to free agency looming in the offseason, Hendrickson has likely played his last game with the organization, according to Albert Breer of SI.com.

Hendrickson spent the first four seasons of his career with the Saints before exiting in free agency for the Bengals’ four-year, $60MM offer March 2021. The former third-round pick from Florida Atlantic scored that payday on the heels of a breakout season in which he tallied 13.5 sacks. Looking back, that was the beginning of a years-long run of elite production.

Since leaving New Orleans for Cincinnati, Hendrickson has collected 61 sacks – including a league-best 35 from 2023-24 – in 72 games. Hendrickson made the Pro Bowl in each of his first four years as a Bengal. He also helped the Bengals to a pair of AFC title games and a Super Bowl appearance in his first two years in their uniform.

The Bengals awarded Hendrickson a one-year extension entering 2023, keeping him under wraps through this season, but that wasn’t the last transaction between the two. Hendrickson sought a new multiyear pact after last season, though he reportedly turned down a three-year, $95MM offer. The Bengals’ rejected proposal did not include any guaranteed money after the first year of the deal.

After a drawn-out battle, the Bengals and Hendrickson finally agreed to a revised contract for this season in late August. Hendrickson had been in line to earn $16MM, but Cincinnati almost doubled that amount in raising his salary to $30MM. Frustration increased on both sides during negotiations, per Breer. The Bengals were sick of the “drama” surrounding Hendrickson, who was “tired of having to fight for a contract correction,” Breer writes.

With Hendrickson having made his final appearance of the season on Oct. 26, it’s fair to say the Bengals’ investment didn’t turn out as hoped. The 31-year-old remained a formidable pass-rushing presence with 23 pressures and four sacks in seven games, but his long-term absence has contributed to a miserable campaign for the Bengals. At 4-10, they’re assured of missing the playoffs for the third year in a row.

Regardless of whether de facto general manager Duke Tobin stays in place, deciding how to proceed with Hendrickson will again be a key offseason task for the organization. If a multiyear arrangement isn’t in store, the Bengals could slap the $35MM franchise tag on Hendrickson and either keep him for another season or flip him elsewhere. Hendrickson drew plenty of interest leading up to the Nov. 4 trade deadline, but nobody bit on the Bengals’ asking price of a second-round pick. He’s still a Bengal a month and a half later, though it appears their relationship is nearing an end.

Minor NFL Transactions: 12/11/25

Today’s minor moves:

Atlanta Falcons

Cincinnati Bengals

Denver Broncos

New York Giants

  • Claimed off waivers (from Buccaneers): WR Ryan Miller

Philadelphia Eagles

Tampa Bay Buccaneers

Marcedes Lewis is being temporarily let go by the Broncos, but the 41-year-old tight end won’t be a free agent for long. According to Parker Gabriel of the Denver Post, Lewis is expected to quickly land back on Denver’s practice squad. However, the team may have some difficulty adding him back to the active roster. Since the Broncos have already exhausted Lewis’s three elevations, the team would have to sign him to the 53-man roster in order for him to make another appearance. Gabriel says the more likely scenario is Lewis sticking around on the taxi squad, with the organization valuing the player’s “leadership [and] character.”

Bengals DE Trey Hendrickson Undergoes Core Muscle Surgery

DECEMBER 9: Hendrickson has indeed undergone surgery, Rapoport reports. The procedure took place this morning, and its recovery timeline ensures a return in time for Cincinnati’s final four games will not be possible. Now, attention will turn to the matter of Hendrickson’s pending free agency.

DECEMBER 8: Trey Hendrickson remains out of the Bengals’ lineup. Last year’s sack leader will not play in Week 15, and there is a strong chance his final appearance of the season has already taken place.

Hendrickson has been dealing with what has been termed a hip injury for much of the season. After briefly returning to action, the All-Pro edge rusher has been sidelined since Week 9. Bengals head coach Zac Taylor ruled Hendrickson out for this week when speaking to the media on Monday, noting (via ESPN’s Ben Baby) a visit with a specialist is upcoming.

Since Taylor’s remarks, Baby’s colleague Adam Schefter has reported Hendrickson is set to undergo core muscle surgery to correct an issue which has not healed as expected with rest. Ian Rapoport and Tom Pelissero caution that the upcoming visit with Dr. William Meyers in Philadelphia comes as Hendrickson is merely considering surgery at this point. Provided he does go under the knife, though, Hendrickson’s season will almost assuredly be over.

Schefter notes the procedure will carry a recovery timeline of roughly six weeks. The Bengals have four games remaining in the regular season and at 4-9 they are not in position to qualify for the playoffs. Barring a major turnaround over the coming weeks, Hendrickson will thus not be able to return (presuming he does proceed with surgery).

In that event, this situation will become one to watch closely. Hendrickson’s 2025 round of contract talks with the Bengals nearly produced an extension agreement. With the team unwilling to provide guarantees beyond the first year of a long-term pact, though, a compromise was reached. Hendrickson received a bump in compensation for this season while remaining on track for free agency in the spring.

Given today’s update, the four-time Pro Bowler is now in position to reach the open market after a season in which he played just seven games. Hendrickson racked up 57 sacks across his first four Bengals season, but he has registered just four in 2025. If that remains the case through to the end of the campaign, his free agent stock will certainly take a notable hit.

On the other hand, Hendrickson drew trade interest before and during this season. The 31-year-old will no doubt be among the top edge rushers on the market in March, provided he and the Bengals do not reach agreement on a new deal. For now, attention will turn to Hendrickson’s decision regarding surgery.

In the meantime, a Bengals defense which has underperformed in several areas will continue with its best player still unavailable. Cincinnati has recorded 21 sacks this season, which ranks 29th in the NFL. A return on the part of Hendrickson would aid the team’s efforts to improve in that regard, but it appears that will not be taking place.

Bengals DE Trey Hendrickson Likely To Miss More Time

The Bengals have gone four games in a row without star defensive end Trey Hendrickson, who’s dealing with a hip/pelvis injury, and a return does not appear imminent. Hendrickson is “doubtful” to face the Bills on Sunday, head coach Zac Taylor said (via Kelsey Conway of the Cincinnati Enquirer). Taylor doesn’t seem sure if Hendrickson will return this season.

“We’ll just keep taking it week to week,” Taylor said.

After back-to-back 17.5-sack seasons, Hendrickson and the Bengals engaged in a lengthy contract standoff that dragged deep into the summer. The Bengals ultimately revised Hendrickson’s deal in August, giving him a $14MM raise for 2025. The pending free agent is earning $30MM this season, though the Bengals haven’t gotten enough bang for their buck as a result of his injury issues.

Hendrickson has played in seven games, none since Oct. 26, and totaled four sacks. He drew interest leading up to the Nov. 4 trade deadline, but nobody was willing to meet the Bengals’ asking price of a second-round pick. With Hendrickson still out a month later, his post-deadline contributions have been nonexistent.

Having gone without Hendrickson for a significant period, the Bengals rank 30th in the league in sacks, 31st in total defense, and dead last in points per game allowed. To its credit, the unit complemented quarterback Joe Burrow‘s long-awaited return from IR with a strong performance in a 32-14 win over the AFC North rival Ravens on Thanksgiving.

Upsetting the Ravens on the road boosted the Bengals’ chances of a miraculous playoff run, but there’s likely no room for error. At 4-8, they’re two games behind the Ravens and Steelers in the division. Another loss would guarantee a sub-.500 season, which could close the door on a playoff spot, and continuing to go without Hendrickson won’t help matters.

Set to turn 31 on Dec. 5, Hendrickson’s injury woes aren’t doing him any favors with an offseason trip to the open market looming. The Bengals may prevent Hendrickson from reaching free agency via the franchise tag, which would mean giving him another pay bump. He’d cost around $35MM in that scenario.

Deciding Hendrickson’s future will be among the Bengals’ pressing offseason tasks. In the meantime, it appears they’ll have to continue trying to keep their faint playoff hopes alive without him.

Bengals Expect QB Joe Burrow To Play In Week 13

Joe Burrow has not experienced any setbacks since returning to practice two weeks ago. The Bengals have not yet activated him from injured reserve, but they appear very close to doing so.

When speaking to the media on Monday, head coach Zac Taylor said (via ESPN’s Ben Baby) the plan is for Burrow to play on Thanksgiving against the Ravens. A return in time for Week 12 was seen as a possibility at one point, but the team elected to start Joe Flacco one more time. Flacco is now set for backup duties to close out the season.

Burrow pushed to return in time for yesterday’s game, Albert Breer of Sports Illustrated notes. The team’s schedule proved to be a critical factor in Cincinnati’s decision-making, however. To little surprise, Breer adds the Bengals kept Burrow inactive for Week 12 knowing they had a quick turnaround. Provided the coming days go well, Cincinnati’s starter will be back in the fold.

Having lost to the Patriots on Sunday, the Bengals sit at just 3-8 on the year. A third straight season outside of the playoffs is very likely as a result. Once Burrow returned to practice, though, it became clear he would suit up for the closing stages of the season regardless of Cincinnati’s record. The two-time Comeback Player of the Year will look to give the team a lift on offense even with a postseason berth essentially out of reach.

Scoring has not always been an issue during Flacco’s tenure atop the QB depth chart, but the Bengals sit 18th in the NFL in scoring and 23rd in yards per game through Week 12. Of course, defensive improvement will be needed if the Bengals are to make progress in the standing down the stretch; the team ranks last in points and yards allowed. A healthy Burrow could help the compensate for ongoing issues on that side of the ball.

The former No. 1 pick’s career has included numerous major injuries, but he secured a $55MM-per-year extension in 2023. Given Burrow’s compensation, an argument could be made in favor of the Bengals sitting him for the rest of 2025 and ensuring full health for next year. Instead, he will suit up for (if all goes according to plan) Cincinnati’s final six games.

In other injury news, Taylor added (via BabyTrey Hendrickson‘s hip injury will sideline him for at least one more game. Last year’s sack leader is out for Week 13, as is receiver Tee Higgins (who suffered a concussion yesterday). The Bengals’ offense will not be a full strength on Thanksgiving as a result, but Burrow is on track to lead the unit.

Joe Burrow To Return Regardless Of Bengals’ Record; Latest On Trey Hendrickson

With Joe Burrow having returned to practice this week, attention around the Bengals has turned to his ability to suit up for the closing stages of the season. Playoff consideration is far from certain in Cincinnati’s case, but that will not impact Burrow’s recovery process.

The Bengals exited Sunday’s game against the Steelers with a 3-7 record. The state of the AFC North leaves the door slightly open to a run at top spot in the division for Cincinnati, something which would of course be more likely in the event Burrow were to return in the near future. Even if the team falls out of contention, though, Ian Rapoport of NFL Network writes Burrow will suit up upon receiving full medical clearance.

For now, the 28-year-old has been limited to seven-on-seven work in practice as he awaits clearance for full participation. Even when Burrow is back in game action, Rapoport notes he is expected to do so with a metal plate in his shoe, adding Burrow will not have full mobility. Nevertheless, a return around Thanksgiving or one week later remains the target.

The Bengals’ offense received a boost thanks to the midseason Joe Flacco trade. Defensive struggles have remained an issue for the team, however, and they threaten to result in another year defined by the failure to meet expectations. Burrow is under contract through 2029, and a cautious approach would be understandable from the team’s perspective given the financial commitment made to the former No. 1 pick. Burrow is nonetheless on track to see the field soon.

Cincinnati hopes the same will be true of Trey Hendrickson. The Bengals elected to retain him past the trade deadline despite lowering their asking price to a second-round pick. Last year’s sack leader is out for Week 11, his third missed came of the season. Hendrickson is dealing with a core muscle injury, Rapoport reports. He adds a move to injured reserve has received consideration but team and player are aiming to avoid it.

Likewise, Hendrickson hopes to avoid undergoing surgery to address the issue until after the season is over. The latest round of failed extension talks in this case resulted in the four-time Pro Bowler agreeing to a straight raise regarding his 2025 compensation. Hendrickson, 31 in December, could receive the franchise tag this spring but otherwise he remains on track for free agency.

Of course, Hendrickson’s value will take a hit if he remains sidelined for an extended period. If things go according to plan, though, he will be healthy along with Burrow for the closing weeks of the season.

Bengals Dropped Trey Hendrickson Asking Price To Second-Rounder

NOVEMBER 8: CBS Sports’ Jonathan Jones confirms the price for Hendrickson at the deadline was indeed lowered to a second-round pick. Finances proved to be an issue in this case, however. Jones and NFL Network’s Ian Rapoport note suitors were not prepared to take on the remainder of Hendrickson’s $16MM salary for that high of a trade price; Jones adds the Bengals were not willing to retain money to facilitate a deal. Per Rapoport, the top offer Cincinnati received ahead of the deadline was a fourth-round selection.

NOVEMBER 6: Three Trey Hendrickson trade windows opened this year. The Bengals let the then-disgruntled defensive end shop around in March, as the team moved Tee Higgins higher in its priority queue. In August, as bumpy extension talks persisted, Hendrickson trade rumors reappeared. At the deadline, buzz about Cincinnati being more amenable to moving on emerged.

But the Bengals still set a high asking price that, at the time, bordered on unrealistic. A report earlier this week indicated Cincy was still asking for a first-rounder. Hendrickson being in a contract year weeks from his 31st birthday made that a tough ask from the 3-6 team, and unsurprisingly, no takers emerged. As it turns out, however, the All-Pro may have been available for less than that price.

Teams believed on deadline day the Bengals would have moved on for a second-round pick, according to ESPN’s Jeremy Fowler. While trade talks with that price as the goal appear a bit more logical at this juncture, Fowler adds the Cowboys — who pursued Hendrickson — still viewed that cost as too steep.

Although Hendrickson notched back-to-back 17.5-sack seasons in 2023 and ’24, he has missed two of the past three games with a hip injury. The ninth-year defensive end does have four sacks and eight QB hits this season. Once again, though, the Bengals’ defense has performed poorly.

Hendrickson has provided an undeniable boost, but his presence has not moved the needle much for a team that has once again seen its defense impede a high-powered offense. Even as Joe Flacco‘s arrival has transformed the Bengals’ offensive capabilities — compared to the short Jake Browning period this season — they have lost back-to-back shootouts.

The Bengals were believed to have wanted more than a first-rounder for Hendrickson back in March. Although the Commanders and Falcons were among the teams connected to him, the Bengals balked. They are believed to have received an offer including a second-rounder and change before the draft; again, the team held on as a standoff — one of Cincy’s two contractual staredowns with a D-end this offseason (the other Shemar Stewart‘s rookie terms) — developed and lasted for most of the summer. It would appear the Bengals, only asking for a second this week, dropped their price from that level as well.

A report about the team dropping its price to a second in the summer did not receive much traction, and Hendrickson eventually received a raise — one that did not add any years to his deal. The 49ers, Eagles and Colts joined the Cowboys in pursuing Hendrickson at the deadline, but he will close out the season in Cincinnati.

Cincinnati has not been known as a particularly willing deadline seller, but it now faces the prospect of losing Hendrickson in free agency. Depending on how the Bengals’ free agency math finalizes, a 2027 compensatory pick could be part of this equation. The Bengals following their A.J. Green path and franchise-tagging a 31-year-old standout would not be out of character, though. Hendrickson said he signed his previous one-year, $21MM extension in fear Cincy would tag him in 2025. The Higgins situation not sorting itself out by then, leading to a second tag for the wide receiver, ultimately would have negated that prospect.

A Hendrickson 2026 tag would cost more than $30MM. Considering the help the Bengals will need on defense next year, devoting that kind of money to a tag would divert valuable resources. Hendrickson’s market will be interesting, as an early-30s standout. He pushed the Bengals for post-Year 1 guarantees — a third-rail topic in Cincinnati for most players — so that will naturally be a goal if he reaches free agency for the first time since 2021.

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