CONFIRMED DEAL: The Dolphins have officially come to a $156 million agreement to sign the 10,000-yard playmaker, giving him the highest salary in the team. However…

Dolphins Given Underdog Odds to Sign 10,000-Yard Playmaker

Running back is not considered an area of need for the Miami Dolphins in 2024, considering their current financial situation ($51.898 million over the cap) and the fact that Raheem Mostert, De’Von Achane, Chris Brooks and Jeff Wilson Jr. are all signed to affordable contracts through 2025 or longer.

And yet, the oddsmakers over at DraftKings Sportsbook gave the Dolphins a +2500 chance of landing superstar ball-carrier Derrick Henry in NFL free agency. That probability was tied for ninth best in the league, alongside the Las Vegas Raiders.

Covers analyst Trevor Knapp outlined the full odds breakdown for Henry’s next team on February 13, and the favorite was another AFC contender: the Baltimore Ravens.

Although payouts of +2500 are only considered “underdog odds” in the betting world, it’s somewhat surprising that Miami even made the top 10. Henry did state that he wanted to get drafted by the Dolphins during a January 16 appearance on the “Bussin’ With The Boys” podcast, but that was back in 2016.

That’s not to say Miami wouldn’t be interested in the four-time Pro Bowler and 2020 Offensive Player of the Year. In a different cap and roster situation, they’d most likely be all over adding Henry to Mike McDaniel’s dynamic rushing attack.

However, that just doesn’t seem prudent in 2024. Henry has nearly 11,000 career regular season scrimmage yards, and that total is just under 12,000 if you count the playoffs. The long-time Tennessee Titans RB will provide a necessary boost for someone this offseason — it just probably won’t be the Dolphins.

Covers Predicts Derrick Henry Will Sign With Cowboys in 2024 Free Agency

Even if Henry isn’t a match for the Dolphins in 2024, it’d be nice to see “The King” exit the AFC conference. The 30-year-old bruiser ranked top 10 in yards after contact per attempt last season despite his age (minimum 20% snaps played), and he’s still as punishing a runner as there is in the modern-day NFL.

Having said that, Miami may not have to worry about Henry in the AFC playoff conversation next year. Knapp predicted that the Dallas Cowboys would sign the former All-Pro at the end of his odds breakdown with Covers.