Chad's Salary Cap hit Question

Discussion in 'New York Jets' started by Kev-Jets, Feb 20, 2006.

  1. Kev-Jets

    Kev-Jets New Member

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    Can someone explain to me how come the Jets don't just keep Pennington as a backup if he doesn't want to take a paycut. If we cut him we take a cap hit of 12 million or something like that. The only thing I could see is if we cut Pennington he is completly of the salary in 2007, if that's the case we should take our hit this season to make the future better.
     
  2. SonofDinger

    SonofDinger Well-Known Member

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    Congratulations, you just answered your own question
     
  3. RobA

    RobA 2005-2007 TGG.com Most Optimistic Award Winner

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    :lol: :lol: :lol:
     
  4. SigmaXJet

    SigmaXJet Active Member

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    I think its safe to say Chad is gone
     
  5. NYJets38

    NYJets38 New Member

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    That's exactly it.
     
  6. The Dark Knight

    The Dark Knight Well-Known Member

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    Why ?
     
  7. Electric Cedric 34

    Electric Cedric 34 New Member

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    Pennington's expensive. That's news to me.
     
  8. RobA

    RobA 2005-2007 TGG.com Most Optimistic Award Winner

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    Cutting him saves 3 million bucks on our cap and he won't restructure.
     
  9. AlToon

    AlToon Member

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    If Pennington doesn't agree to any cut,he counts $15 million against the cap.If the Jets cut him before March 3,he counts $12 million against the cap
     
  10. PennyandtheJets

    PennyandtheJets Well-Known Member

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    HAHA...cutting Fiedler saves us like 5 million bucks, but for some reason we are keeping him? How does that make sense?
     
  11. PennyandtheJets

    PennyandtheJets Well-Known Member

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    If he doesn't agree to any pay cut at all he will be cut no question.
     
  12. Electric Cedric 34

    Electric Cedric 34 New Member

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    Fielder is gonna be cut, without a doubt. Sorry, Rob. No! Get off that ledge!
     
  13. NYJets38

    NYJets38 New Member

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    He never said he won't restructure.

    Just didn't agree to the first rediculous deal.

    He might be cut, but it's way too soon to say for sure one way or another.

    It doesn't really make sense for either side not to come to some type of compromise.
     
  14. Pride

    Pride New Member

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    U can probably tell from my avatar n sig that im a huge Chad fan, but for all the thrills n good memories he gave us i think its time to move on. If we are ever going to move forward as a possible super bowl contender we have to end ties with chad
     
  15. Imagesrdecieving

    Imagesrdecieving Well-Known Member

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    Fiedler is on the cap for 1.12mil in 06
     
  16. tpjets62

    tpjets62 Member

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    I think both sides are playing hardball. Chads best chance for a shot as a starter and maybe make 2 or 3 mil are here with the jets. The FO would prefer a 2 or 3 mil cap hit over a 12 mil hit. My thoughts? They get a deal done this week. Keep Bolly, grab a QB early in the draft, then open competition in camp.
     
  17. tpjets62

    tpjets62 Member

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    He also has a 4 mil bonus due. If we keep him its a 5 mil hit. Cutting him before 6/1 saves us 4.7 mil.
     

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