Titans GM Jon Robinson had a phone call with Henry's agent last week to discuss a new contract, Jim Wyatt of the Titans' official site reports.
The team's use of a franchise tag sets up a July 15 deadline for negotiations on a multi-year deal. Henry's decision to sign the franchise tender suggests he isn't planning a holdout, but there's no question he'll be annoyed if he ends up playing out the season under the tag. Robinson said Henry has been consistently engaged in the Titans' virtual offseason program, attending meetings and helping teammates. The 26-year-old running back has made it clear he prefers to stay with the Titans long term.