Trey Hendrickson’s market value is estimated at $30–32 million per year, reflecting his status as one of the league’s premier edge rushers. Moreover, he is also the Bengals’ best defensive player, further explaining why many teams are interested in trading for him.
Meanwhile, recent reports are coming out that, among many teams, the Indianapolis Colts are reportedly exploring the most possibilities of acquiring Cincinnati’s defensive end in a blockbuster trade.
Hendrickson has one year remaining on his deal, worth $16 million, but sources suggest he is unwilling to play under those terms. In light of this, Ian Rapoport mentioned on The Pat McAfee Show Monday that the Colts are among the teams interested in Bengals DE Trey Hendrickson.
"The Colts have interest in Trey Hendrickson… but the Bengals don't wanna let him leave the building and the Bengals are working to keep him" — @RapSheet 💪🐯 pic.twitter.com/6dj22Vr52n
— WINCINNATI (@WINCINNATI_) March 24, 2025
However, there’s a twist. Many thought that after signing big deals for wide receivers Ja’Marr Chase and Tee Higgins, the Bengals would stop. But Rapoport added, “The Bengals don’t wanna let him leave the building and the Bengals are working to keep him.”
Bengals reportedly focused on extending Trey Hendrickson’s contract
After signing offensive stars Ja’Marr Chase and Tee Higgins with lucrative deals, there is no denying that the Bengals are facing financial challenges. But it looks like the Bengals don’t care about that and are still looking to strengthen their defense by extending Trey Hendrickson’s contract.
Sources indicate that the team is exploring creative ways to structure Trey Hendrickson’s contract to fit within their salary cap constraints, as his current market value exceeds $30 million.
The Bengals are getting closer on a Trey Hendrickson extension.
— NFL Notifications (@NFLNotify) March 17, 2025
Cincinnati is sending the Brinks truck 😳 pic.twitter.com/rTSjKYMWQQ
Ian Rapoport said on The Pat McAfee Show, “The Bengals do not like letting good players leave the building. Even if it’s for a huge draft pick, they don’t like it. They like to develop, draft, sign their own guys.”