The idea that the best free agents get snatched up by teams immediately once the NFL's free agency negotiating period begins is putting the focus on pass rusher Trey Hendrickson now – because he still has no deal.

Hendrickson has been one of the NFL's premier pass rushers for years. Just two seasons ago, in 2024, he led the NFL with 17.5 sacks and that was the second consecutive year he collected that total.

Trey Hendrickson of the Cincinnati Bengals looks on prior to a game against the Pittsburgh Steelers at Acrisure Stadium on December 23, 2023 in Pittsburgh, Pennsylvania. (Photo by Justin K. Aller/Getty Images)

So is theTrey Hendricksonmarket crashing?

But there are obviously factors at play that have prevented him from agreeing to a deal now.

Start with interested teams: It makes sense that pass-rush needy teams such as the New England Patriots, Dallas Cowboys, perhaps Tampa Bay Buccaneers and even the Indianapolis Colts – who have Lou Anarumo, Hendrickson's former defensive coordinator with the Cincinnati Bengals, as their defensive coordinator – would be interested.

(Added need is that Indy lost pass rusher Kwity Paye to the Las Vegas Raiders on Monday).

And, yet, no deal for Hendrickson.

ATLANTA - Atlanta Falcons quarterback Kirk Cousins (18) passes under pressure from Miami Dolphins linebacker Jaelan Phillips (15) at Mercedes-Benz Stadium on Oct. 26, 2025. Photo: Dale Zanine-Imagn Images

So, to quote Shakespeare, what up?

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