The Facts:
GM Mike Tannenbaum and Tom Condon, the agent for Pennington, met this weekend at the NFL scouting combine in Indianapolis. According to two people with knowledge of the situation, Condon continues to take a hard line on the restructuring of Pennington's contract.
Reported by the Newark Star-Ledger
Fantasy Football Diehards Line:
Condon reportedly indicated that Pennington is willing to work with the Jets, who want him to take an $8 million pay cut to $1 million with the chance to recoup money in incentives. Condon, however, has told other agents at the combine that he has made a counteroffer of a base salary of between $4 million and $5 million with the opportunity to earn the rest in incentives. ... Stay tuned. More to come.
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