Sources say the Giants are telling Derrick Henry they don’t plan to trade him

That doesn’t mean he won’t be traded by Tuesday’s 4pm ET deadline – as the Giants simply told Henry they have no intention of moving him.

League sources believe that as much as he means to the Titans, it would make sense for the organization to explore trade possibilities for Henry, who is out of contract and will be a free agent after this season.

Henry will turn 30 in January and is scheduled to make $6.4 million for the rest of this season, which is not an easy contract for another team to absorb at this point.

Despite speculation linking the Cowboys to Henry, Dallas has expressed no interest in trading the 2020 NFL Offensive Player of the Year, according to sources.

If Henry is traded, a deal would likely be in place by the end of Monday because any acquiring team would likely have to modify his contract to save the salary cap. The restructured contract agreement must be in place by 4pm EST on Monday, 24 hours before the NFL trade deadline.

So, even though the Giants told Henry they wouldn’t trade him, the major turning point will come by 4 p.m. on Monday. League sources still believe there’s a chance Henry could be traded, even though there’s not much interest in him across the NFL due to his age, production, expiring contract and cost for the rest of this season.

Henry has rushed for 425 yards and three touchdowns in six games this season, but his 4.3 yards per carry is tied for his lowest single-season average since 2017. He has 8,760 career rushing yards, the most among active players.

The Titans already traded away a high-profile player earlier this week, sending Pro Bowl safety Kevin Byard to the Philadelphia Eagles on Monday for safety Terrell Edmunds and two draft picks.

The Titans (2-4) have gotten off to a bumpy start this season and will play Sunday against the Atlanta Falcons with quarterbacks Will Levis and Malik Willis replacing injured player Ryan Tannehill.