Fantasy Jesus Posted February 17, 2006 Share Posted February 17, 2006 Reports this morning from Mike & Mike that Pennington has refused to accept a pay cut, and the Jets have notified John Abraham's agent that they intend to franchise him again this year. Looks like the Jets are going to bite the bullet and flat out cut Pennington. They will take a 12 million dollar cap hit this year and be done with him. It's going to get real ugly in Jet land for the next few years. Quote Link to comment Share on other sites More sharing options...
Randall Posted February 17, 2006 Share Posted February 17, 2006 Reports this morning from Mike & Mike that Pennington has refused to accept a pay cut, and the Jets have notified John Abraham's agent that they intend to franchise him again this year.Looks like the Jets are going to bite the bullet and flat out cut Pennington. They will take a 12 million dollar cap hit this year and be done with him. It's going to get real ugly in Jet land for the next few years. 1328944[/snapback] Nice guy(Pennngton). Quote Link to comment Share on other sites More sharing options...
CaptainHook Posted February 17, 2006 Share Posted February 17, 2006 Although that is a ridiculous amount to take as a cap hit, I agree with it. His arm is toast. No sense paying him millions to stick around a prove it. Quote Link to comment Share on other sites More sharing options...
Gdawg Posted February 17, 2006 Share Posted February 17, 2006 Short term pain for long term gain. I say cut him Quote Link to comment Share on other sites More sharing options...
Jackass Posted February 17, 2006 Share Posted February 17, 2006 Nice guy(Pennngton). 1328948[/snapback] it's got nothing to do with that. it's a business decision. Quote Link to comment Share on other sites More sharing options...
Fantasy Jesus Posted February 17, 2006 Author Share Posted February 17, 2006 Linky . . . http://www.newsday.com/sports/printedition...ny-sports-print Quote Link to comment Share on other sites More sharing options...
Duchess Jack Posted February 17, 2006 Share Posted February 17, 2006 it's got nothing to do with that. it's a business decision. 1328958[/snapback] When healthy - he has proven his worth. He also played hurt and risked his health even more. There is no reason he should take a pay cut. Quote Link to comment Share on other sites More sharing options...
junebugz Posted February 17, 2006 Share Posted February 17, 2006 wonder if he figures it is better off this way getting a fresh start somewhere else and pocket some settlement money? does he get any settlement for getting cut or just the door hitting his can on the way out? Quote Link to comment Share on other sites More sharing options...
Gdawg Posted February 17, 2006 Share Posted February 17, 2006 When healthy - he has proven his worth. He also played hurt and risked his health even more. There is no reason he should take a pay cut. 1328963[/snapback] Good point. If Pennington wont take a pay cut, it probably is in the Jet's best interest to cut him, dont you think? Quote Link to comment Share on other sites More sharing options...
Fantasy Jesus Posted February 17, 2006 Author Share Posted February 17, 2006 The Jets are cleaning house . . . Next week, the Jets are planning to release several veterans, including cornerback Ty Law, tackles Jason Fabini and Scott Gragg, guard Pete Kendall, fullback Jerald Sowell and quarterback Jay Fiedler. http://www.nj.com/sports/ledger/index.ssf?...2560.xml&coll=1 Quote Link to comment Share on other sites More sharing options...
Whiskey Pimp Posted February 17, 2006 Share Posted February 17, 2006 I realize the Jets get hit big time on the cap if they cut him, but what does Chad get if he's cut? How much will the Jets be giving him? Quote Link to comment Share on other sites More sharing options...
CaptainHook Posted February 17, 2006 Share Posted February 17, 2006 He gets to keep all of his signing bonus, plus of course, his salary from last year. Quote Link to comment Share on other sites More sharing options...
Duchess Jack Posted February 17, 2006 Share Posted February 17, 2006 Good point. If Pennington wont take a pay cut, it probably is in the Jet's best interest to cut him, dont you think? 1328971[/snapback] absolutely Quote Link to comment Share on other sites More sharing options...
Duchess Jack Posted February 17, 2006 Share Posted February 17, 2006 The Jets are cleaning house . . . Next week, the Jets are planning to release several veterans, including cornerback Ty Law, tackles Jason Fabini and Scott Gragg, guard Pete Kendall, fullback Jerald Sowell and quarterback Jay Fiedler. http://www.nj.com/sports/ledger/index.ssf?...2560.xml&coll=1 1328973[/snapback] Fabini is a pretty good tackle, right? Quote Link to comment Share on other sites More sharing options...
Randall Posted February 17, 2006 Share Posted February 17, 2006 it's got nothing to do with that. it's a business decision. 1328958[/snapback] No, you can renegotiate to help the team by deferring money. Refusing to do so is gredy pure and simple. Quote Link to comment Share on other sites More sharing options...
Duchess Jack Posted February 17, 2006 Share Posted February 17, 2006 No, you can renegotiate to help the team by deferring money. Refusing to do so is gredy pure and simple. 1329000[/snapback] Do you really think that they are looking to give him more guarenteed money? Why would they do that? Quote Link to comment Share on other sites More sharing options...
junebugz Posted February 17, 2006 Share Posted February 17, 2006 Couple of thoughts ... to drop from $9m to $1m is a heckuva drop. Not exactly speaking from experience here, but once you have had $1m in your life getting 1 more as opposed to 9 is probably a big difference. So it seems to me that either the Jets are forcing his hand and want to move on and rebuild because of the outrageous contract that he signed when ... last year? ... or they are just trying to give him a rediculously low offer (lowballing him) so he would know they don't want to pay him a whole lot. Also, seems like he is either a greedy money leach or doesn't have confidence that he could hit incentives on an incentive based contract. Or, rather more likely, a little bit of both. Either way, he ain't getting $9m anywhere else IMO. Quote Link to comment Share on other sites More sharing options...
Jackass Posted February 17, 2006 Share Posted February 17, 2006 No, you can renegotiate to help the team by deferring money. Refusing to do so is gredy pure and simple. 1329000[/snapback] deferring money and pay cut are two different things. Quote Link to comment Share on other sites More sharing options...
Duchess Jack Posted February 17, 2006 Share Posted February 17, 2006 (edited) two people now have called him greedy. I cannot see how this is the case. they gave him a contract. He bled for this team. They want to cut his contract big time. Why would he do that to stick with a team in horrible shape? That is something you do to help a team on the verge of winning something. This team is rebuilding. Its not like they 'need' him. He is not screwing anybody. Edited February 17, 2006 by Duchess Jack Quote Link to comment Share on other sites More sharing options...
Zooty Posted February 17, 2006 Share Posted February 17, 2006 (edited) two people now have called him greedy. I cannot see how this is the case. they gave him a contract. He bled for this team. They want to cut his contract big time. Why would he do that to stick with a team in horrible shape? 1329045[/snapback] I don't quite get it either. he has 2 choices 1- do not redo the contract and get cut and not get anywhere near the money he had been guarenteed. ( he deserves most of the money for getting hurt and trying to play) 2- redo the deal and get the same money over more years. Seems to me that in senario 2 he gets more money so that would be the greedy choice Edited February 17, 2006 by Zooty Quote Link to comment Share on other sites More sharing options...
Azazello1313 Posted February 17, 2006 Share Posted February 17, 2006 it all boils down to whether he wants to be in new york or not. if he does, renegotiate. if he doesn't...go ahead and cut me, boys. apparently he doesn't want to be in new york anymore. i don't see how "greed" per se has anything to do with it. Quote Link to comment Share on other sites More sharing options...
Swampnuts Posted February 17, 2006 Share Posted February 17, 2006 He deserves better than he's getting here IMO. He's been a good player and a good representative for their franchise. He gets hurt while playing ( not motorcycle riding or domestic dispute ), and he gets asked to take a 8 million dollar pay cut? I can understand needing to possibly renegotiate, but $8 mill? It's almost like the Jets are forcing his hand here. Quote Link to comment Share on other sites More sharing options...
Ursa Majoris Posted February 17, 2006 Share Posted February 17, 2006 two people now have called him greedy. I cannot see how this is the case. they gave him a contract. He bled for this team. They want to cut his contract big time. Why would he do that to stick with a team in horrible shape? That is something you do to help a team on the verge of winning something. This team is rebuilding. Its not like they 'need' him. He is not screwing anybody. 1329045[/snapback] Exactly right. There's no greed here, Pennington has done everything the Jets asked of him. I can see the business case for the Jets, but Pennington isn't a greedy pig by any stretch. Quote Link to comment Share on other sites More sharing options...
Savage Beatings Posted February 17, 2006 Share Posted February 17, 2006 When healthy - he has proven his worth. 1328963[/snapback] I remember that day. Quote Link to comment Share on other sites More sharing options...
Menudo Posted February 17, 2006 Share Posted February 17, 2006 I wonder if Rovers will bet me that the Jets will finish higher than the Steelers again this year. By the way, I still haven't received payment..... As for Pennington, I agree, that his hand is being forced by the Jets here. I really dont' see how you can call Pennington greedy in this case. Quote Link to comment Share on other sites More sharing options...
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