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Update on Chad's contract

Discussion in 'Miami Dolphins Forum' started by Muck, Aug 9, 2008.

  1. Muck

    Muck Throwback Uniform Crusader Retired Administrator

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    Per Armando.

    http://miamiherald.typepad.com/dolphins_in_depth/2008/08/chad-penningt-1.html

    Still no word on the signing bonus (if there is one). But it looks like the deal is realistically about $4 million per.
     
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  2. Jaj

    Jaj Registered

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    That's pretty refreshing.
     
  3. PhinsRock

    PhinsRock Premium Member Luxury Box

    Now that's more acceptable than what I originally heard.
     
  4. slickj101

    slickj101 Is Water

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    Now that certainly makes things a little more interesting.
     
  5. brandon27

    brandon27 Season Ticket Holder Club Member

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    well that is definately good news if true.
     
  6. PMZQ

    PMZQ Banned

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  7. texasPHINSfan

    texasPHINSfan New Member

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    i think $6M/year is fair for a QB of his caliber.

    keep in mind he was making in the neighborhood of $6M/year starting for the Jets.

    If we land him at a rate of $4M-ish to start AND didn't give up draft picks... we did a good job IMO. Keep in mind the Jets traded picks for Favre, are paying him $12M, and will probably only get one, maybe two years out of him.

    i think we came out on top, all things considered. :up:
     
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  8. sking29

    sking29 What it takes to be cool

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    Sounds like a pretty good deal to me but I think we would all be happy if the Fins paid him the 11. 5 million (as he would be MVP and the Fins would win the Super Bowl). :yes:
     
  9. gunn34

    gunn34 I miss Don & Dan

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    :up::up:
     
  10. GreenMachine

    GreenMachine New Member

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    The Jets traded a 4th round pick. If the Jets goto the SB, it turns into a 1st. And there is not a Football fan out there that would not mind giving up a 31st or 32nd pick for that payoff.
     
  11. rdhstlr23

    rdhstlr23 Season Ticket Holder Club Member

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    But they aren't going to the Super Bowl. Play the games, don't play the games, I don't care. They're not going. I'd be willing to put very good money on that.
     
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  12. 124

    124 Banned

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    $4 million a year isn't too bad for ol' Noodle Arm, considering he would've made $9 million here.
     
  13. GreenMachine

    GreenMachine New Member

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    Thanks for solidifying my post. A 4th for Favre is better then Penny for 6 mill.:up:
     
  14. dolfan32323

    dolfan32323 ty xphinfanx

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    except we're only losing 6 million as opposed to a draft pick and whatever amount Favre is getting.
     

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