As the 2024 NFL offseason progresses, the Cincinnati Bengals are grappling with salary cap challenges that threaten to disrupt their defensive roster plans. While quarterback Joe Burrow’s lucrative contract—alongside his top receiving weapons Ja’Marr Chase and Tee Higgins—has set a strong offensive core, it has also consumed a significant portion of the Bengals’ cap space. This financial reality is making it difficult for the team to finalize deals with pivotal defensive players like Trey Hendrickson and rookie Shemar Stewart.
Burrow and the Top Offense Command Big Money
Joe Burrow’s contract, finalized last year, established him among the league’s elite quarterbacks with a cap hit that reflects his status. Similarly, wide receivers Ja’Marr Chase and Tee Higgins are locked into substantial deals, underscoring the Bengals’ commitment to their high-powered offense. According to ESPN’s recent cap breakdown, these three players alone account for approximately a third of the Bengals’ total salary cap ceiling, leaving limited wiggle room for other crucial positions.
This financial structure showcases Cincinnati’s clear prioritization—maximizing offensive talent while hoping to build a complementary defense around them. However, such prioritization inevitably squeezes available funds for defensive stalwarts like Hendrickson and emerging players such as Shemar Stewart.

The Trey Hendrickson Dilemma: Promised Pay Yet Unfulfilled
Trey Hendrickson has been one of Cincinnati’s most consistent defensive performers. Having joined the Bengals in 2023, he quickly became a disruptive force on the defensive line, leading to public acknowledgments from the Bengals’ front office about a promised contract extension.
Sports Illustrated’s recent feature quoted a source within the organization confirming the team’s intent to reward Hendrickson: “We made Trey a promise during his acquisition that he’d be a key part of our defensive future, and the extension talks are progressing accordingly.” Yet, months into this process, no official deal has materialized.
From Hendrickson’s perspective, evidence points to frustration as the player reportedly seeks compensation that aligns with his role as a premier edge rusher. Meanwhile, Bengals management appears cautious about committing too heavily, worried about long-term salary cap flexibility. This tension has fans and analysts wondering if the Bengals risk losing a vital defensive asset due to a contract impasse.

Shemar Stewart: Rookie Contract Confusion and Financial Uncertainty
Adding further complexity is rookie defensive end Shemar Stewart’s contract situation. Drafted for his high upside and potential pass-rushing skills, Stewart represents a critical piece of the defensive rebuild.
Yet, reports from The Athletic reveal contract offers that are “not aligning with team expectations or player market value,” muddying negotiations. Unlike Hendrickson’s extension, Stewart’s is an entry-level contract subject to rookie wage scale guidelines but accompanied by potential bonuses and incentives that the Bengals are scrutinizing heavily in light of their cap constraints.
An insider explained, “The Bengals are presenting a deal that doesn’t quite match what Stewart or his agents see as fair, given the current market for younger defensive ends showing promise.” As a result, the team risks either overpaying and hamstringing their cap or underpaying and souring relations with a potentially foundational player.

Balancing Act: Defense or Dead Money?
The Bengals are undeniably walking a tightrope. With a top-heavy offensive payroll already in place, they must find creative solutions to keep their defensive unit intact and competitive. Signing Hendrickson to a deal that reflects his value is critical— not just for production but also for locker room morale and team identity.
Meanwhile, navigating Stewart’s contract requires balancing fiscal responsibility with the need to nurture young talent on cost-controlled contracts. Failure to strike that balance could lead to a weakened defensive front or cap penalties down the line.
In a recent quote from Bengals General Manager Duke Tobin to the Cincinnati Enquirer, he emphasized the challenge, saying, “We want to keep the guys who help us win. But the salary cap is a hard boundary. We’re working to make sure we don’t compromise our long-term success with short-term fixes.”
Looking Ahead
The salary cap squeeze facing the Bengals adds a compelling subplot to the team’s offseason narrative. While Joe Burrow’s contract cements their offensive identity, it simultaneously restricts defenses’ flexibility. How the front office handles Hendrickson’s extension and Stewart’s rookie deal will reveal a lot about Cincinnati’s commitment to building a balanced roster.
For Bengals fans, the hope is that management can deliver solutions that keep stars on the field without overspending or creating future headaches. As we edge closer to training camp, these contract talks remain a key storyline to monitor.

References
- ESPN NFL Salary Cap Tracker, April 2024
- Sports Illustrated, “Inside the Bengals’ Contract Challenges,” March 2024
- The Athletic, “Shemar Stewart’s Rookie Deal Under Scrutiny,” May 2024
- Cincinnati Enquirer, “Bengals GM Discusses Cap Constraints,” April 2024





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