Locked On Bengals - Daily Podcast On The Cincinnati Bengals - EMERGENCY EPISODE: Bengals listening to TRADE OFFERS for Trey Hendrickson? | Negotiation impasse boiling over
Episode Date: August 17, 2025Multiple reports on Sunday claimed the Bengals are listening to trade offers for All-Pro defensive end Trey Hendrickson after negotiations hit an impasse. That's embarrassing news no matter how you in...terpret it, but Jake Liscow is skeptical that anything has truly changed in the last few weeks between the Bengals and Hendrickson. Jake and James Rapien break down why it's bad news either way, and discuss potential compensation for the stubborn Cincinnati front office to make a move.Join the Locked On Bengals Insider Community! https://joinsubtext.com/lockedonbengalsFind and follow Locked On Bengals on your favorite podcast platforms:Apple Podcasts: https://podcasts.apple.com/us/podcast/locked-on-bengals-daily-podcast-on-the-cincinnati-bengals/id1159723162Spotify: https://open.spotify.com/show/7AObc0lh0WmQl5fJVgtajsGoogle Podcasts: https://podcasts.google.com/feed/aHR0cHM6Ly9mZWVkcy5tZWdhcGhvbmUuZm0vbG9ja2Vkb25iZW5nYWxz?sa=X&ved=0CAYQrrcFahcKEwio_sXtj8nuAhUAAAAAHQAAAAAQAgStitcher: https://www.stitcher.com/show/locked-on-bengalsSupport Us By Supporting Our Sponsors!Yahoo FantasyPresented by YahooFantasy #YahooPartner. Play Now at https://yahoofantasy.com/lockedonnfl.GametimeDownload the Gametime app, create an account, and use code LOCKEDONNFL for $20 off your first purchase. Terms apply. Download Gametime today. What time is it? Gametime.FanDuelToday's episode is brought to you by FanDuel. Football season is around the corner, visit the FanDuel App today and start planning your futures bets now.Monarch MoneyTake control of your finances with Monarch Money. Use code LOCKEDONNFL at monarchmoney.com/lockedonnfl for 50% off your first year.BetterhelpThis episode is brought to you by Betterhelp. Talk it out, with BetterHelp. Our listeners get 10% off their first month at BetterHelp.com/lockedon. FANDUEL DISCLAIMER: 21+ in select states. First online real money wager only. Bonus issued as nonwithdrawable free bets that expires in 14 days. Restrictions apply. See terms at sportsbook.fanduel.com. Gambling Problem? Call 1-800-GAMBLER or visit FanDuel.com/RG (CO, IA, MD, MI, NJ, PA, IL, VA, WV), 1-800-NEXT-STEP or text NEXTSTEP to 53342 (AZ), 1-888-789-7777 or visit ccpg.org/chat (CT), 1-800-9-WITH-IT (IN), 1-800-522-4700 (WY, KS) or visit ksgamblinghelp.com (KS), 1-877-770-STOP (LA), 1-877-8-HOPENY or text HOPENY (467369) (NY), TN REDLINE 1-800-889-9789 (TN) Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Transcript
Discussion (0)
Report Sunday indicate the Bengals are listening to trade offers on Trey Hendrickson.
That's embarrassing.
Let's break it down.
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One up Bengals fans and welcome to an extra episode of the Locked on Bengals podcast.
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James, I think our game preview episode might still be premiering as we record this.
So we have a game preview up, everything we're looking for in preseason game two right now.
but we've been interrupted with Trey Hendrickson news, multiple reporters,
mostly, I think, led by Tom Pelliser and Ian Rappapur of NFL Network,
indicating that the Bengals are listening to trade offers on Trey Hendrickson
as negotiations have reached an impasse.
And my intuition here, James, is actually that nothing has really changed.
I'm curious about where this report is coming from.
But even if nothing has changed, I think that's embarrassing that this report
is out there. If they are listening to offers, I think that's even worse and indicates a worse
handling of this situation you could have imagined. What were your initial thoughts?
First things first, nothing has changed from a negotiation perspective. I know that. It's been so
quiet and so like, all right, well, he's here now. Like, don't you want to get him on the field?
And I feel like, and I haven't talked directly to Trey's camp, but I feel like that's how Trey's camp approached
ending the holdout in coming into camp was like,
maybe this will jumpstart things again.
It hasn't.
And so what does this mean?
Is this what it was in March when it was,
oh, well, yeah, we'll pick up the phone.
Sure, seek a trade if you want to.
You have our permission to talk to whoever you want.
Is this cut from that same cloth where the Bengals had no intention then
of trading Trey Hendrickson.
And now it's much harder.
Let's start there.
Like this idea, I'll trade Trey.
Good luck looking Joe Burrow in the eye, like, yeah, we traded Trey Hendrickson for a second
round pick or any draft pick for that matter.
Joe Brough doesn't care about picks.
He wants the guys on the field to get picks on defense and get stops on defense.
And Trey Hendrickson in his mind helps them do that.
So finding the path where this makes sense at this point on August 17th, three weeks away from
the start of the regular season.
It's a tough one.
And it involves like, I know Ian Rappaport said, oh, it could involve a young player
and a pick.
That young player better be like an awesome young player for the Bengals to be able to sell this
to the team.
And so from that perspective, I think it's a really tough, tough ask.
There was always a, there were always very few paths where trading Trey Hendrickson made sense
for a Super Bowl contender like the Bengals
view themselves as at any point this offseason.
But if they were going to do it, Jake,
it would have been five and a half months ago before free agency.
That was the path.
This path seems nearly impossible.
You might as well just go play the lottery.
Doing it now would be, like you said,
increasingly difficult.
You have to find a team that's willing to pay the Bengals price.
We know the Bengals history of trading good players.
They will hold and hold and hold until they can win the trade,
even if that player, Carson Palmer, retires and is just totally sitting out.
And if Trey goes that route, could play out the same way.
Could.
I'm not saying I think it's likely, but it could.
And it shouldn't surprise anybody if it does because they've done it with a higher profile player before.
And then, and Trey's a very high profile player.
The Bengals did it with the star quarterback.
The teams reportedly interested, according to Jordan Schultz, in trading.
for Tray Hendrickson include the Panthers, Colts, and Browns.
The Browns would, I'm sure, be met with a brick wall if they picked up the foam
and tried to trade for Tray Hendrickson if that offer didn't include Miles Garrett,
which it obviously wouldn't.
Looking at the Panthers' depth chart and the Colts' deft chart,
maybe if the Colts wanted to give up Layatu Latu and a second or first round pick,
the Bengals would say yes.
but I don't think there's any world where the Colts are giving up last year's first round pick
and a premium pick and an extension for trade Hendrickson i just Nelson
quentin Nelson sure quentin Nelson and a pick I would just do it for Quentin else but yes fine
we're talking about the Bengals here yeah sure right but that's so like pie in the sky right
Jesse Bates you know pie in that like that's just wild and I'm just throwing him
out there because I'm thinking like what trades would make sense. Micah Parsons, obviously,
right? If you could do that, it would be great. You'd do that. You'd have to add multiple
picks. I'd be shocked if the Bengals were willing to do that, even for Michael Parsons, just knowing the
Bengals. I think the Cleveland one's interesting because I think Mike Brown would hang up so fast.
Yeah.
But I being the person that I am and the thinker that I am,
it's not just a hat rack on top of these shoulders.
Trey Hendrickson for Mason Graham,
who says no faster?
The Browns, I assume.
The Cleveland Browns, just to be clear, not the Brown.
Yeah, yeah, yeah.
I think they're, I mean, they're talking about a top three, four,
what was he picked, four, three?
They traded back, right?
Fifth overall.
Yep, fifth over.
Okay.
So, I don't know, for the best.
Bengals, they probably would want Graham and a pick.
The Browns would probably say no Graham's untouchable.
And so, like, that's, I mean, you're talking about it.
In division trade, there's no way.
There's like, it's a non-starter.
Either way, the fact that we're at this point where it's either the Bengals are now open to a trade is one possibility here.
More open to a trade than they were when they granted him permission to seek a trade earlier this year.
If that's where they've gotten at this point, colossal mistake to not just get it done before the draft.
and acquire the assets that, like you said earlier.
If it's not changed and their stance on trading trade is exactly the same,
and we got this report anyway, because, like you said,
the negotiations haven't progressed from a point where they had an agreement,
supposedly, on the overall structure and the years,
but couldn't get there on the guaranteed money, that's also bad.
That means that despite him being there for a couple of weeks now,
they've made no progress in negotiations.
That's what the reports today indicate.
Jordan Schultz again, indicating that the Bengals want to keep Trey.
Hendrickson wants to stay in Cincinnati, but talks keep hitting a wall was the quote that
Jordan Schultz got.
You can guess where that quote came from.
There was some thought, like you said, that Hendrickson reporting to camp would help move
things forward, but it just hasn't moved.
And I kind of didn't think it would move.
I've kept saying over and over the, like, if this goes into preparing for week one of the season,
I wouldn't be surprised, but like, that doesn't mean it's good.
And now we have this, which no matter what your interpretation of this news is,
I think it's bad for the Bengals.
And maybe this is Trey's last, last, last ditch effort, like from his camp.
There's no last ditch.
He'll find another ditch.
To try to.
But by the way, I actually don't blame him.
Like, if this is just all, like, I don't blame him because it is August 17th.
because the regular season is three weeks away because it's not like he's spouting off at reporters
every single week now he's been in there and he's been helping he's been trying to be that guy
and be that leader it's really uncomfortable when to do that when you don't know if like
there's two sides to every relationship right and if one's doing all putting all this effort in
and all this time and that's probably how he's like i'm going to go the extra mile i'm going to go to
camp. I'm going to help Shamar, which he's done. I'm going to help Demetrius Knight. I'm going to
really try here to be a captain and a leader, but then the needle doesn't move at all.
Like, open it up a little bit. I mean, we're, what was it, July 22nd? I mean, it's almost a month
ago when Mike Brown said, oh, well, I think something's going to get done with Trey. We're not going
to trade Trey. I don't think Mike Brown has changed that. I don't think that has changed.
People in the building may feel differently or may be more open to it.
And I'm not, I don't know if that's true.
But I would be stunned if Mike Brown woke up today and was like, oh, yeah, but we'll
listen to offers for trade.
And it's just not what he does.
It is not what he does.
He is not going to say, oh, yeah, well, let's listen to offers now.
It's just not something that he's ever done.
And so why would I think at 90 years old he's going to feel differently now?
And by the way, he shouldn't at this point, the Bengals shouldn't be entertaining trade offers
for Trey Hendricks.
What they should be doing is sitting at a desk like you and me are right now with trade representatives and hammering out a deal so he can get on this practice field this week next week and then as they prepare week one for the Cleveland Browns.
I'm okay with it if they're listening to preposterous trade offers and if they get blown away, sure.
They should be doing that.
Would you take Mason Graham?
Not straight up.
Okay.
Just wondered.
Fifth pick.
I just wondering.
He would help.
I don't think I'd take him straight up.
I don't know.
Maybe that's wrong.
Right now, I don't, honestly, it doesn't matter what I would do.
I would have paid him a long time ago, is what I would have done.
And this wouldn't be a conversation.
But what matters is what they're asking for.
If they get blown away, fine.
But that's not going to happen.
A team has to both give up what, players, picks, and the extension.
Find me a team.
going to do that and fine.
The Bengals better get a return that's worth it.
Trey and a first for Micah.
Assuming that doesn't happen.
It's not going to happen.
Just get the deal done and save us from all this embarrassment.
Save yourselves from the embarrassment.
It's ridiculous.
It's ridiculous at this point.
This keeps going on.
Drama keeps getting kicked up.
Nobody wants to hear about it anymore.
And here we are talking about it again on Sunday.
On August 17th.
Ridiculous.
And I'm saying the date because it's like,
what it's not February 17th we're talking about August 17th it uh I agree pay him the
the Micah and a like I get that that stuff's not going to happen it is intriguing to talk about
in fantasy land but we know better when you made the decision not to trade him in March
that decision should have been it should have been over we're going to get it done at that point
yeah and guarantees man the guaranteed money maybe maybe they
maybe they should have got trade done before Jamar and T, you know,
and when all this stuff went.
Certainly should have beaten the rest of the edge market to the market.
I think that that is pretty undeniable.
It's another one of those cases,
and we've talked about it before,
where they tried to save a nickel,
and instead they're paying a dollar,
or whatever denomination it is.
They tried to save a couple million,
and now they're going to be paying many, many more millions,
is the reality here.
Or they're going to be paying with lost fan goodwill,
lost quarterback, goodwill, and a lost asset in Trey Hendrickson,
if this thing goes real sideways.
We're going to hear from Joe Burrow on Monday night after the game.
He's going to be asked about it, and he's going to be annoyed,
and he's going to try to find a political way to answer the question,
but that's not going to be nice.
Yeah, maybe he won't.
Maybe this is the road game.
Well, we'll see if Trey goes.
We're recording this before the team is,
is traveling to Washington
or as the team is traveling to Washington
and we'll see if Trey Hendrickson is actually on the plane
after this report on Sunday.
We'll be back after that game.
Monday night football.
Little bonus content here,
little emergency content here.
I'm reticent to even call it bonus.
That's going to do it for this extra episode
of the Lockdown Bengals podcast.
Until next time.
Thanks for listening.
Hoor Day.
And have a good one.
Pay him the money.
