Chad Pennington not ruling out playing in 2011

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Our buddy Armando Salguero of the Miami Herald reports via Twitter that quarterback Chad Pennington will undergo surgery on Thursday to repair an ACL that he tore while playing basketball recently.

Per Salguero, Pennington isn’t ruling out playing in 2011.

It makes sense.  If the lockout lasts into September or beyond, quarterbacks with the ability to step in and play will be in demand.  Pennington demonstrated three years ago his ability to do just that; after he was dumped by the Jets for Brett Favre, Pennington helped turn a 1-15 Dolphins team into an 11-5 division winner.

Though the rehab will be more of a challenge since he’s on his own, the last guy we’d ever bet against is Pennington.