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ProFootballTalk.com expects the Jets to cut Chad Pennington.
The Pennington camp has denied the cap-strapped Jets' bid to reduce the injured QB's 2006 salary from $9 million to $1 million. As a result, the Jets have two options: keep the quarterback and pay him a $3 million bonus on March 3, or cut him and take a cap charge of $12 million, which will result in zero extra room.
Feb. 17 - 5:44 pm et
Source: ProFootballTalk.com
The Pennington camp has denied the cap-strapped Jets' bid to reduce the injured QB's 2006 salary from $9 million to $1 million. As a result, the Jets have two options: keep the quarterback and pay him a $3 million bonus on March 3, or cut him and take a cap charge of $12 million, which will result in zero extra room.
Feb. 17 - 5:44 pm et
Source: ProFootballTalk.com