The Jets will be making an announcement about the future of Chad Pennington shortly. He will likely be released on Thursday. The announcement was made by Mike Tannenbaum.
"With the way transactions are processed where we have a little bit more work to do with the league before four o'clock tomorrow," said Jets GM Mike Tannenbaum about Pennington. "It's a separate transaction, but we will have a separate transaction involving Chad before 4 o'clock tomorrow. We are not quite there yet."
It would be interesting if Pennington signs with New England for a year as a backup, and tells them everything he knows about the Jets operation. You have to figure he's not real happy with Tannenbaum right now, and what better way to get back at him. Miami is a possibility as well.
However, the team that makes the most sense is Minnesota.