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Derrick Henry didn't get the contract he wanted from the Titans this month ... but he sure as hell got a dope chain regardless -- coppin' an $85K piece to honor his hero, Kobe Bryant.

TMZ Sports has learned Henry grew up a huge fan of the Mamba ... and shortly after the Lakers legend's death in January, Derrick hit up ZoFrost to have tribute drip made.

As you can see, the jeweler -- who's worked with NFL stars like Lamar Jackson, Deshaun Watson and Earl Thomas this past year -- created a SICK piece for the Tennessee RB.

The chain features a mamba snake wrapped around Kobe's famous logo ... and we're told it holds approximately 35 CTs of diamonds.

We're also told the chain weighs a stunning 120 grams ... and all told, came in with an $85,000 price tag.

We know what you're thinking ... but don't worry, even though Henry hasn't gotten a long-term deal from the Titans yet, the franchise tag they put on him this week is still set to pay him around $12 MILLION this season.

Source: TMZ Sports

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