The Miami Dolphins signed former New York Jets quarterback Chad Pennington to a two-year, $11.5 million contract. Pennington was cut by the Jets after they acquired Brett Favre via a trade with the Green Bay Packers.

“I have enjoyed it,” Pennington said Friday in his first public comments since his release. “I’ve learned a lot, become a better professional and a better man because of my experience and my time in New York. I don’t regret or feel ashamed about anything that happened to me in my time in New York.”

One of the hardest-working and most cerebral quarterbacks in the league, Pennington is the perfect fit to tutor the youngsters on the Dolphins’ roster who could eventually become a successor.

That’s a pretty expensive tutor. Far be it for me to question anything Bill Parcells does, but this signing makes little sense. Word out of Miami is that John Beck and Chad Henne haven’t looked good this summer, but it’s only mid-August. Wouldn’t the Dolphins (a team that probably won’t compete for two years at the earliest) be better served if they got their young quarterbacks some playing time and used the $11.5 mil to upgrade their defense or skill positions?