Derrick Henry and the Baltimore Ravens reached agreement Wednesday on a two-year, $30 million extension that includes $25 million fully guaranteed over the next two seasons, agent Todd France told ESPN's Adam Schefter.

Henry and the Ravens have reached agreement on a two-year contract extension, a source with direct knowledge of the deal confirmed to The Baltimore Sun. The deal is worth a reported $30 million and includes $25 million fully guaranteed over the next two seasons, ESPN’s Adam Schefter reported.

Henry's new deal, which ties him to Baltimore through the 2027 season, includes $25 million fully guaranteed over the next two years, his agent, Todd France, told ESPN. It also marks the NFL's most lucrative contract for a running back over the age of 30; Henry just turned 31 this January.