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Pennington to stay in New York

Discussion in 'PatsFans.com - Patriots Fan Forum' started by broadwayjoe, Mar 5, 2006.

  1. broadwayjoe

    broadwayjoe In the Starting Line-Up

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    Chad Pennington has reached an agreement with the Jets to restructure his contract, a move that will allow the QB to stay in New York, ESPN.com's Len Pasquarelli reports. Pennington will make $3 million this year, with incentives that could earn him up to $9 million.

    http://msn.foxsports.com/nfl/story/5384330
     
    Last edited: Mar 5, 2006
  2. hwc

    hwc 2nd Team Getting Their First Start

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    Thank, god. Let's hope ol' noodlearm makes it back to being the starter next year. That's two guaranteed division wins for the Pats.
     
  3. PATSNUTme

    PATSNUTme Paranoid Homer Moderator Staff Member PatsFans.com Supporter

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    #75 Jersey

    That should make Jest fans very happy.:rofl:
     
  4. MoLewisrocks

    MoLewisrocks PatsFans.com Supporter PatsFans.com Supporter

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    Not to mention what happens if he somehow starts to achieve his likely very NLTBE incentives midway through the season.....JETS will be dropping like flies.

    I wonder if Eric would have taken this job had he known how easy the housecleaning would be and how difficult the reloading would be in an uncapped future.

    At least old Noodle was able to get a few more bucks to take care of his shoulder after 2007 thanks to the 30% rule. ;)

    Schefter says they will now persue Kitna as a backup who really wants to be a starter and likely will.
     
  5. Major **********

    Major ********** Third String But Playing on Special Teams

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    WOOOOOOOOHOOOOOOOO! Finally some good news! Gomer will be back under center for the NYJ for another half a season.
     
  6. hwc

    hwc 2nd Team Getting Their First Start

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    Yeah. And you just know that Belichick will really respect the deep ball....

    We'll see how ol' noodlearm's rotator cuff holds up against a steady diet of double safety blitzes. Heh, at least the Jets kept all their veteran offensive lineme.....oh, wait, nevermind.
     
  7. BionicPatriot

    BionicPatriot In the Starting Line-Up

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    Wow, and here I thought New York would make the right move by cutting his sorry expensive ass and drafting Cutler.

    Cheers!
     
  8. gomezcat

    gomezcat It's SIR Moderator to you Staff Member PatsFans.com Supporter

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    I suspect that they made this move as being the most cap friendly. Wouldn't there have been a massive penalty for cutting him?
     
  9. LIDeadHead

    LIDeadHead Banned

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    Absolutly. This was the best $ decision for both parties. They FO had the leverage. Either restructure or get cut. It would have hit hard, but CP would rather stay put in NY for a renegotiated contract. It was , for the current situation, a win-win. So now he is just a $3M tutor.
     
  10. FreeTedWilliams

    FreeTedWilliams pfadmins PatsFans.com Supporter

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    #75 Jersey

    Too bad I was hoping the Pats would get the chance to sign him to be the back-up, for the equipment manager!!!
     
  11. gomezcat

    gomezcat It's SIR Moderator to you Staff Member PatsFans.com Supporter

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    Yeah, but he would injure his shoulder picking up Sey's pads. :D
     
  12. abejarano12

    abejarano12 On the Game Day Roster

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    I don't think that Jet will keep him he is damaged goods
     
  13. Terry Glenn is a cowgirl

    Terry Glenn is a cowgirl Banned

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    The Jets really did themselves in extending Penny to all of that dough. Being a Patriots fan, I am happy.
     
  14. Joker

    Joker PatsFans.com Supporter PatsFans.com Supporter

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    Long Live Ducks Chuckington!
     
  15. gomezcat

    gomezcat It's SIR Moderator to you Staff Member PatsFans.com Supporter

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    I did a quick search and the projected salary cap hit for cutting him ranged from $9-12 million. That's why he's staying.
     
  16. Terry Glenn is a cowgirl

    Terry Glenn is a cowgirl Banned

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    Why they paid him that in the first place is beyond me.
     

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