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Star edge rusher Trey Hendrickson heading to Baltimore on 4-year, $112 million deal, AP source says

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Star edge rusher Trey Hendrickson heading to Baltimore on 4-year, $112 million deal, AP source says
Sport

Sport

Star edge rusher Trey Hendrickson heading to Baltimore on 4-year, $112 million deal, AP source says

2026-03-12 06:51 Last Updated At:07:00

By Wednesday afternoon, the Baltimore Ravens had a deal with Trey Hendrickson, their two first-round picks back — and some explaining to do.

Hendrickson agreed on a four-year, $112 million contract with the Ravens, a person with knowledge of the deal told The Associated Press. The person spoke on condition of anonymity because the contract wasn't finalized. Baltimore landed the four-time Pro Bowl edge rusher a day after backing out of a blockbuster trade for star pass rusher Maxx Crosby of the Raiders.

A person with knowledge of Baltimore’s decision told the AP that Crosby failed his physical. The person spoke on condition of anonymity because those results are private.

When the Ravens were able to pivot quickly to Hendrickson, that opened them up to even more suspicion over how they'd handled the previous few days.

"We live in that age of skepticism, and people question — especially people that don’t really know me or know the Ravens’ culture and the Ravens organization. So I understand it," Baltimore general manager Eric DeCosta said Wednesday. "I’ve got a responsibility to the Ravens, to this community, to our fans and to (owner) Stephen Bisciotti, to do what we think is best for the club.”

Baltimore was going to send two first-round draft picks to Las Vegas for Crosby before the deal fell through.

“You bring the player in, you try to get as much information as you can," DeCosta said. "We did that, and we were not able to complete the process of acquiring the player, based on our assessment of the situation."

DeCosta called Crosby one of his favorite players in the NFL and said he was probably going to be the team's most important acquisition this year. He also said the Ravens talked with Hendrickson after losing free agent center Tyler Linderbaum — to the Raiders, ironically.

“We came to a point, probably after we lost Tyler, where as we're trying to find the best way for us to get better as a football team, Trey kind of made a lot of sense as a possible guy to look at," DeCosta said. "So we started some discussions with he and his agent, thinking that potentially we'd have two pass rushers on the defensive line.”

Instead, Crosby remains with the Raiders for the time being and the Ravens are bringing in Hendrickson, an All-Pro for the Bengals in 2024 when he led the NFL with 17 1/2 sacks. He played in only seven games because of injuries last season and had four sacks.

The 31-year-old Hendrickson has 81 sacks in nine seasons with New Orleans and Cincinnati. He reached double digits four times, including 17 1/2 in consecutive seasons in 2023-24.

Hendrickson requested a trade from Cincinnati last March and skipped organized team activities and a mandatory minicamp. He also missed the start of training camp before getting a $14 million raise for last season. The Bengals did not use the franchise tag on him this month, freeing him to hit the open market.

The last few days have been a whirlwind for Ravens fans. After initially agreeing to acquire Crosby, Baltimore lost several players at the start of the free agent negotiating period. Then the Ravens nixed the trade for Crosby, and even after moving on to Hendrickson, they have issues to resolve, particularly in the middle of the offensive line after Linderbaum agreed to the deal with the Raiders.

Baltimore was also hoping to sign two-time MVP quarterback Lamar Jackson to an extension before the start of the new league year Wednesday. But that didn't happen. Instead the Ravens restructured Jackson’s deal to create cap space.

“We kind of ran out of time," DeCosta said. "Were able to free up, I think, just under $40 million this year. Added a void year to 2030 I believe. Certainly hopeful that we’ll get an extension done. I think it’s important to both parties.”

Jackson has two years remaining on the five-year, $260 million contract the Ravens gave him in 2023.

In addition to Linderbaum, outgoing Baltimore free agents Isaiah Likely, Ar’Darius Washington, Dre’Mont Jones, Jordan Stout and Alohi Gilman were among those who reached deals with other teams. All had been important players for the Ravens. Baltimore did re-sign cornerback Chidobe Awuzie.

So DeCosta has a lot on his plate after moving on from Crosby.

“I've got a lot of respect for (Las Vegas owner) Mark Davis, the Raiders, (general manager) John Spytek. Shoot, Al Davis was born in Brockton, Mass. I've always admired that. I'm from Massachusetts right down the street," DeCosta said. "So I love the Raiders. They've been one of my favorite teams. It's tough. It's challenging. It was devastating for me to have that conversation, I'm sure challenging for them to hear as well. It's also very, very, very, very hard for the player.”

AP Pro Football Writer Rob Maaddi contributed to this report.

AP NFL: https://apnews.com/hub/nfl

FILE - Cincinnati Bengals defensive end Trey Hendrickson (91) looks on during an NFL football game against the Detroit Lions Sunday, Oct. 5, 2025, in Cincinnati. (AP Photo/Jeff Dean, File)

FILE - Cincinnati Bengals defensive end Trey Hendrickson (91) looks on during an NFL football game against the Detroit Lions Sunday, Oct. 5, 2025, in Cincinnati. (AP Photo/Jeff Dean, File)

LOS ANGELES--(BUSINESS WIRE)--Apr 21, 2026--

Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) (“Faraday Future”, "FF" or the “Company”), a California-based global Embodied AI (EAI) ecosystem company, today announced a strategic partnership with Triple I, an education institution, to launch the Embodied AI robotics summer camp in the country and to open broader collaboration across the EAI education space. The partnership is the first of its kind for FF's EAI Robotics business and marks a significant milestone for the Company's “Robot & Vehicle + Education” scenario.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260420833070/en/

On April 18, the two parties jointly hosted the EAI Robotics Education and Summer Camp Launch Event in Irvine, California. Centered on the theme “Humans and Machines Co-Defining the Future of Education,” the event examined how young people can build durable skills and long-term competitiveness in the AI era. The event brought together parents, students, and education professionals, underscoring the accelerating convergence of education and frontier technology. Triple I is an education planning institution offering end-to-end services from kindergarten through doctoral studies.

At the event, Chris Chen, Co-CEO of FF AI-Robotics, attended the signing ceremony and shared FF's EAI Robotics strategy and its roadmap for the education sector. Serving as an embodied research and teaching assistant, the FF EAI robot is designed for deployment in schools, laboratories, and research institutions, supporting robotics training, research assistance, data collection, and hands-on AI education. The rollout gives students and educators a more intuitive, participatory way to engage with robotics, and carries particular significance for the fast-growing K-12 market, where demand for practical embodied AI education is rising quickly. FF's EAI robots also conducted live interactive demonstrations onsite, showcasing real-world understanding, interaction, and execution capabilities and giving attendees a firsthand view of how robotics and AI are moving from concept to everyday application.

“The AI robotics summer camp we are launching today is a forward-looking curriculum co-designed with industry partners,” said Stella Yu, CEO of Triple I. “The first cohort covers robotics operation, task design, and fundamental programming for middle and high school students, with plans to expand into advanced programming, data analytics, and AI training. At Triple I, we believe education should meet students where their strengths are, pairing technical capability with individual interest to give them a more flexible path to growth.”

“EAI robots are not just products. They are intelligent carriers connecting AI with the real world, and we view education as among the scenarios with the greatest long-term value and social significance,” said Chris Chen. “Through our strategic partnership with Triple I and the joint launch of the Embodied AI robotics summer camp in the U.S., FF aims to help more young people engage with, understand, and apply AI from an earlier age, empowering them to become leaders and pioneers of the AI era.”

The two parties will collaborate across robotics-themed summer camps, technology practice, innovation programming, and future capability development, equipping more young people to engage with, understand, and apply AI earlier in their education, and to grow into the creators, leaders, and pioneers of the AI era.

This partnership marks an effort that received strong institutional endorsement just days prior, when California State Treasurer Fiona Ma visited FF's Silicon Beach headquarters and unveiled the state's first EAI Robotics Education and Innovation Lab. Together, these milestones reflect a growing ecosystem of government, institutional, and industry partners aligned around FF's education strategy.

ABOUT FARADAY FUTURE

Faraday Future is a California-based global intelligent Company founded in 2014 and is dedicated to reshaping the future of mobility through vehicle electrification, intelligent technologies, and AI innovation. Its flagship vehicle, the FF 91, began deliveries in 2023 and reflects the brand's pursuit of ultra-luxury, cutting-edge technology, and high performance. FF's second brand, FX, targets the high-volume mainstream vehicle market. Its first model, Super One, is positioned as a first-class EAI-MPV, with deliveries planned to begin in 2026. FF recently announced its entry into the Embodied AI Robotics business with sales beginning this year, connecting its future strategy of bringing a new era of EAI vehicles and EAI robotics. For more information, please visit https://www.ff.com/.

FORWARD LOOKING STATEMENTS

This press release includes "forward looking statements" within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words "plan to," "can," "will," "should," "future," "potential," and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements, which include statements regarding FF's entry into the embodied AI robotics market and future deliveries, involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company's control, which could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements.

Important factors, that may affect actual results or outcomes include, among others: demand for our robotics products; competition in the robotics industry, which includes companies with far superior experience, funding and name recognition; our reliance on a single OEM for most of our robotics products; our ability to get the planned robotics products to comply with all applicable U.S. rules and regulations; the ability of the robotics OEM to timely supply robotics to the Company; the ability of the Company to adequately insure its robotics products; the ability of the Company to design its robotics products to meet market needs; tariff uncertainty for imported products, particularly from China; the ability of the U.S. Department of Commerce to review, condition, or prohibit robotics‑related transactions with a China OEM; demand from automobile dealers for robotics products; the Company's ability to maintain its listing on Nasdaq; the Company's ability to timely regain compliance with Nasdaq's minimum bid requirement; the possibility of the Company's common stock being suspended from trading on Nasdaq if it's closing price is $0.10 or less for 10 consecutive trading days; the availability of sufficient share capital to execute on its strategy, which the Company currently lacks; the agreement of stockholders to substantially increase the Company's share capital, which could result in substantial additional dilution; the Company's ability to homologate FX vehicles for sale; the Company's ability to secure the necessary funding to execute on the FX strategy, which will be substantial; the Company's ability to secure an occupancy certificate for its Hanford facility; the Company's ability to continue as a going concern and improve its liquidity and financial position; the Company's ability to pay its outstanding obligations; the Company's ability to remediate its material weaknesses in internal control over financial reporting and the risks related to the restatement of previously issued consolidated financial statements; the Company's limited operating history and the significant barriers to growth it faces; the Company's history of losses and expectation of continued losses; the success of the Company's payroll expense reduction plan; the Company's ability to execute on its plans to develop and market its vehicles and robots and the timing of these development programs; the Company's estimates of the size of the markets for its vehicles and robots and cost to bring those vehicles to market; the rate and degree of market acceptance of the Company's vehicles; the Company's ability to cover future warranty claims; the success of other competing manufacturers; the performance and security of the Company's vehicles; current and potential litigation involving the Company; the Company's ability to receive funds from, satisfy the conditions precedent of and close on the various financings described elsewhere by the Company; the result of future financing efforts, the failure of any of which could result in the Company seeking protection under the Bankruptcy Code; the Company's indebtedness; the Company's ability to cover future warranty claims; the Company's ability to use its "at-the-market" program; insurance coverage; general economic and market conditions impacting demand for the Company's products; potential negative impacts of a reverse stock split; potential cost, headcount and salary reduction actions may not be sufficient or may not achieve their expected results; circumstances outside of the Company's control, such as natural disasters, climate change, health epidemics and pandemics, terrorist attacks, and civil unrest; risks related to the Company's operations in China; the success of the Company's remedial measures taken in response to the Special Committee findings; the Company's dependence on its suppliers and contract manufacturer; the Company's ability to develop and protect its technologies; the Company's ability to protect against cybersecurity risks; and the ability of the Company to attract and retain employees, any adverse developments in existing legal proceedings or the initiation of new legal proceedings, and volatility of the Company's stock price. You should carefully consider the foregoing factors and the other risks and uncertainties described in the "Risk Factors" section of the Company's Form 10-K filed with the SEC on March 31, 2025; Form 10-Qs for the quarters ended June 30, 2025 and September 30, 2025 filed with the SEC on May 9, 2025, August 19, 2025 and November 21, 2025, respectively; the Company's Form 10-K filed with the SEC on March 31, 2026; and other documents filed by the Company from time to time with the SEC.

Faraday Future Partners with U.S. Education Institution Triple I to Launch the EAI Robotics Summer Camp in the United States, Advancing “Robot & Vehicle + Education” Scenario Deployment

Faraday Future Partners with U.S. Education Institution Triple I to Launch the EAI Robotics Summer Camp in the United States, Advancing “Robot & Vehicle + Education” Scenario Deployment

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