The Giants may be looking at the trade deadline through a very familiar Baltimore lens.
With Nov. 10 approaching, New York is reportedly checking in on running backs as it tries to bolster a roster that sits atop the NFC East at 4-2-1. One name that keeps surfacing is Derrick Henry, and if the Giants are serious about adding a back with real punch, the former Raven makes a lot of sense.
The fit starts with the obvious problem. Tyrone Tracy Jr. is on injured reserve, Cam Skattebo is dealing with a hamstring injury, and Devin Singletary has gone from RB3 and occasional healthy scratch to the team’s most important backfield option. That’s a thin spot for a team trying to keep its place in the division.
Henry would change the conversation fast. He and Skattebo would give New York a bruising pair that would be miserable to bring down, and the idea of Henry in a Harbaugh offense is hardly new. The two spent two seasons together in Baltimore, where Henry ran for 3,516 yards and 32 touchdowns.
There’s also the matter of price. Compared with backs like Jonathan Taylor or Breece Hall, Henry likely wouldn’t force the Giants to gut their draft stock.
His remaining 2026 salary is $650,000, and he is owed $12 million in 2027. That makes him more than a pure rental, but not a long-term burden either.
That matters because Harbaugh has made it clear he wants players who can help beyond this season. On that front, Henry fits the bill.
The question is whether Baltimore would actually move him. Recent trade speculation has suggested the 32-year-old could become available if the Ravens decide to wave the white flag on their season. With Lamar Jackson and Tyler Huntley out for the year, the idea of flipping an aging running back for draft capital starts to look a lot more realistic.
Henry has still produced this season, piling up 632 yards and eight touchdowns through eight games. He’s 32 now, and the burst that made him such a nightmare for defenses may not be quite as overwhelming as it once was. But the Giants may see that as a product of Baltimore’s quarterback situation more than a sign that Henry has fallen off a cliff.
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