Hendrickson currently has two years remaining on his current deal. He is set to make $14.8 million in 2024 and $15.8 million in 2025, but neither year has any guaranteed money attached and both count more than $18 million against the Bengals’ cap.
Thus, Hendrickson is looking to force Cincy’s hand for more security, either through a new deal or a trip to a new team.
If the Bengals were to trade him before June 1, it would cause $7.8 million in dead money with $12.3 million in cap savings. A post-June 1 trade would mean a dead-money hit of $5.2 million but cap savings of $15 million, per Over the Cap.
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