Jets | Pennington forfeits roster bonus
Mon, 6 Mar 2006 01:33:20 -0800
Updating previous reports, Rich Cimini, of the New York Daily News, reports
New York Jets QB
Chad Pennington was slated to receive a $3 million roster bonus, but he forfeited it as part of his renegotiation with the team. Overall, he took a 66 percent pay cut. His base salary was also lowered from $6 million to $3 million. While the salary is guaranteed and his roster spot virtually is too, it is not definite he will retain his starting job.