Trey Hendrickson Next Team Odds Amid Contract Tensions With the Cincinnati Bengals

The contract situation between Trey Hendrickson and the Cincinnati Bengals has become one of the NFL’s most unusual and drawn-out sagas in recent years. What started as standard extension talks has evolved into years of public tension, unexpected twists, and repeated stalemates. Despite the veteran defensive end’s consistent elite production, the two sides have struggled to reach lasting agreement.

Multiple rounds of negotiations, trade requests, and last-minute compromises have kept the drama alive. Just when it seemed the story was finally heading toward a quiet conclusion in free agency, new developments have once again arose.

The Full Timeline of the Trey Hendrickson-Bengals Contract Drama

The drama began after Hendrickson’s breakout years with back-to-back 17.5 sacks seasons. Seeking long-term security, he pushed for a new contract extension. The Bengals, know to be hesitant to give third contracts, resisted. Failed talks led to a formal trade request, which the team denied while allowing him to explore deals privately.

Tensions peaked in 2025 with a training camp holdout. A last-minute deal resulted in a one-year, $29 million raise for the 2025 season, but it provided no future guarantees. Many expected a clean break into free agency, but the Bengals are now reportedly considering the franchise tag- possibly as a tag-and-trade- to receive draft compensation rather than lose him for nothing.

With tensions high between Hendrickson and the Bengals, let us take a look at the DE’s next team odds.

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Trey Hendrickson Next Team Odds

Given below are the teams that have the highest odds to acquire Trey Hendrickson from the Bengals, if the two decide to part ways, according to Bookies.com.

Team	Odds	Percentage
Cincinnati Bengals	+275	26.7%
Baltimore Ravens	+450	18.2%
Chicago Bears	+600	14.3%
Washington Commanders	+650	13.3%
Detroit Lions	+800	11.1%

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Cincinnati Bengals (+275)

Bengals remain favorites to retain Hendrickson despite years of contract tension primarily because they hold the most control. As a pending free agent, the Bengals can use the franchise tag ($30-34 million) to keep him for 2026 or force a tag-and-trade scenario, guaranteeing compensation (draft picks) rather than losing him for nothing. Recent reports indicate they are seriously considering the tag, and no other team can sign him outright until free agency opens in March without Bengals’ permission.

Hendrickson’s strong history with the organization, combined with the team’s leverage over his immediate future, keeps Cincinnati ahead of rival suitors like the Ravens, Bears, who are in dire need of improving their defensive front.

Baltimore Ravens (+450)

Baltimore Ravens are second favorites to land Trey Hendrickson primarily because they offer the most appealing landing spot for a pass-rusher seeking a contending team and big payday. The Ravens desperately need edge-rush help after losing key pieces and ranking outside the top 10 in sacks multiple recent seasons. Baltimore has cap space, a proven track record of signing elite defensive free agents, and plays in the same division as the Bengals – meaning they’d love to poach a division rival’s star.

Hendrickson’s skill set fits perfectly with Baltimore’s aggressive scheme under new head coach Jesse Minter. Betting markets reflect this strong fit, combined with realistic odds of the Bengals using a tag-and-trade rather than keeping him long-term.

Bleacher Report predicts Baltimore could sign Bengals DE Trey Hendrickson, a four-time Pro Bowler and one of the top free agents on the market. pic.twitter.com/yggQbMYbpV
— Ravens Nation 𝙇𝙄𝙑𝙀 (@RavenNationLIVE) January 28, 2026

Chicago Bears (+600)

Chicago Bears are the third favorites to land Trey Hendrickson mainly due to their pressing need for a dominant edge rusher and a clear path to aggressive spending. After ranking near the bottom in sacks and pressure rate in recent seasons, Chicago views a proven pass-rusher like Hendrickson as the missing piece to elevate their young defense under Ben Johnson. The Bears have significant cap space heading into 2026, a history of bold free-agent moves (recent big contracts for defenders), and a potent offense that could benefit from improved pass-rush support.

Betting markets place them third behind Cincinnati (control via-tag) and Baltimore (scheme fit/rivalry appeal), reflecting realistic odds of tag-and-trade scenario allowing Chicago to offer a competitive contract while the Bengals secure draft compensation.

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Washington Commanders (+650)

Washington Commanders are fourth favorites to land Trey Hendrickson due to their desperate need for edge-rush reinforcement after a dismal 5-12 season in 2025, where they ranked near the bottom in sacks and pressure rate. Under head coach Dan Quinn, Washington aims to rebuild a once-promising defense that collapsed amid injuries and inconsistencies. The Commanders boast ample cap space for a big free-agent splash, and Hendrickson’s proven production fits Quinn’s aggressive, turnover-forcing scheme.

Betting markets rank them behind Cincinnati (tag control), Baltimore (rivalry fit), and Chicago (recent playoff push under Ben Johnson), viewing potential tag-and-trade as Washington’s path to acquiring the star pass-rusher.

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Eric Divakaran

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I cover the National Football League and things cannot get better than that. I always dreamed to play football or basketball professionally since I’m built like a Running Back. But now that I can’t, since I’m technically in the “Unc” age, I thought why not pick a career in sports industry? So here I am, doing what I love, and hoping that the Commanders win the Super Bowl. I give love to players when it’s due, but can be critical about their performances at the same time. Enough about me, now let my articles do all the talking.