Even though he’s missed 22 games over the last three seasons due to various injuries, the New York Jets elected to rework QB Chad Pennington’s contract to ensure he will be with the team in 2006. Pennington was set to get $9 M in guaranteed compensation this season, but has agreed to drop that number to $3 M guaranteed along with $6 M in available incentives.
The Jets must be encouraged by his progress this offseason to invest even $3 M in the oft-injured QB. Pennington did manage to play 13 games in 2004 and was able to throw 16 touchdowns against nine interceptions for a QB rating of 91.0.