Article: Jets QB Pennington Signs $64M Extension

BARRY WILNER, AP Football Writer
AP Online
09-02-2004
Dateline: HEMPSTEAD, N.Y.


New York Jets quarterback Chad Pennington, shown in this 2004 hand out photo, agreed to a $64 million, seven-year contract extension with the Jets on Wednesday, Sept. 1, 2004 that includes $23 million in guaranteed money. (AP Photo/NFL, HO)

Chad Pennington agreed to a $64 million, seven-year contract extension with the New York Jets on Wednesday that includes $23 million in guaranteed money.

A source familiar with the negotiations, speaking on the condition of anonymity, told The Associated Press that Pennington will average $9.172 million a year. The quarterback, entering his fifth ...

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