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Clearing the air on Pennington’s pay raise

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Earlier today, we ran a link to an item regarding quarterback Chad Pennington’s salary increase resulting from his elevation back to the starting role.

As explained by the Palm Beach Post, Pennington’s “2010 salary will jump from $2.5 million to $5.75 million now that he’s a starter.”

Per a league source, that’s not accurate.  It would have been accurate, if Pennington had been the starter from Week One.

Pennington’s contract contains two roster bonuses.  One is worth $2.6 million.  And the other is worth $600,000.  Each one is paid out in $200,000 increments, based on games in which he plays at least one play.

It’s unclear whether the roster bonuses are concurrent or consecutive.  It’s possible that he’ll get $400,000 for the first each of the first three games in which he plays at least one play, and then $200,000 for the next ten.

If Pennington plays at least one play in each of the final eight games, he’ll get at least an extra $1.6 million.  He possibly will receive as much as an extra $2.2 million.

But he won’t get $5.75 million.

At this stage of his career, we have a feeling he’s not complaining about that.

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8 Responses to “Clearing the air on Pennington’s pay raise”
  1. barneyrumble says: Nov 11, 2010 3:48 PM

    I like this guy for some reason. Chad Pennington probably won’t last three games until he is hurt again, but I still like the guy, he seems to have some class and he seems to apprieciate the chance to play in the NFL which others seems to abuse and take for granted.

  2. emersonboozer says: Nov 11, 2010 3:53 PM

    Minnesota should have picked him up three years ago, they would have been to the big dance

  3. Jim says: Nov 11, 2010 3:58 PM

    I say go Chad! As a Jets fan, I was sorry to see him go and have kept an eye on his career.

    I hope he does well, but not well enough to put his Dolphins in contention for the AFC East title.

  4. raiderfankirk says: Nov 11, 2010 5:10 PM


  5. rexualhealing says: Nov 11, 2010 5:18 PM

    So i guess we can kill the notion that Henne is better than Sanchez. As a Jets fan Pennington will always be good in my book, i hope he does well in all the games, he just better hope its not a windy day when he comes to the Medowlands

  6. marinofreakout says: Nov 11, 2010 5:49 PM

    lol i love how the jets fans use the dolphins’ management decision as dispositive of the henne’s talent. isnt this the same front office they claim is so horrrrrrible? under their logic itd be opposite day and the fact that they gave pennington the start would show how good henne is! clowns. the reason why this doesnt prove that sanchez is better than henne (which btw the stats dont prove it either), is because the jets dont have a backup option nearly as talented as we do!

    but to the actual point, come on florio. how could you make such a royal screwup? 2.5 million for potentially only one game?!?! and not make the connection to us passing up on randy moss for a similar figure!? as a sportswriter you shouldve known something was up with this from the moment you sniffed it.

  7. gnyj85 says: Nov 11, 2010 6:15 PM

    Chad Pennington is a lifelong JET!

  8. jetsman80 says: Nov 12, 2010 9:50 PM


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