Oldskool Posted February 17, 2006 Share Posted February 17, 2006 http://proxy.espn.go.com/nfl/features/rumors Friday, February 17 WHO WHAT THE SKINNY Chad Pennington Jets Pay cut Pennington, Jets at odds <Feb. 17> According to Newsday, Pennington's agent, Tom Condon, has rejected the Jets' proposal to cut the quarterback's 2006 salary from $8 million to $1 million and force him to make up the difference through incentives. If the Jets decide they can't live with Pennington's current contract, or if the two sides can't reach an agreement by March 3, there's a chance Pennington could be released. Pennington is owed a $12 million bonus on that date, which the Jets do not want to pay. Releasing Pennington would leave the Jets with $12 million of dead money on the salary cap, but the team is reluctant to give franchise money to a player whose health is in question. Because of shoulder injuries, Pennington has started only 16 games over the last two seasons. He underwent his second shoulder surgery last October and might not be ready to go by the start the '06 season. WHO INTERESTED THE SKINNY John Abraham Jets Redskins? Texans? Chargers? Browns? Franchise tag for Abraham <Feb. 17> With long-term contract talks at a standstill, the Jets have informed Abraham's representatives that they will place the franchise tag on the defensive end for the second year in a row, The Newark Star-Ledger reports. The franchise tender for a defensive end will be $8.3 million in 2006. The amount is determined by the average salary of the five highest-paid players at the position. Several teams, including the Chargers, Redskins, Browns and Texans, are reportedly interested in Abraham. One possibility could be a deal with San Diego for quarterback Philip Rivers. New Jets offensive coordinator Brian Schottenheimer was Rivers' quarterback coach the last two seasons. Link to comment Share on other sites More sharing options...
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