Chad Hangs on in New York

Chad Pennington, the erstwhile-injured New York Jets quarterback, will retain that title. Pennington and the Jets agreed to restructure his deal, will receive $3 million guaranteed during the upcoming season, down from what would originally be $9 million. However, Chad can recoup the lost six mil if he meets performance goals.

The deal has not yet been signed.

Pennington's Recent Stats
Player=Chad Pennington Sport=NFL Years=2003,2004,2005

Date
Sun 03/05/06, 10:27 pm EST

Source

 * http://sports.espn.go.com/nfl/news/story?id=2355638