The Facts:
The Jets have blinked in their stare down with Tom Condon, the agent for Pennington, and there's "optimism" a compromise can be reached on the restructuring of the quarterback's contract, according to someone with knowledge of the discussions. A decision must be made by Friday, when Pennington is due a $3 million bonus.
Reported by the Newark Star-Ledger
Fantasy Football Diehards Line:
Pennington, who is scheduled to earn $9 million this season, was initially asked to take an $8 million pay cut with the chance to recoup the money in incentives. Condon countered by asking for a base salary or guaranteed money of between $4 million and $5 million with the opportunity to earn the rest in incentives. It now appears the two sides will meet in the middle and Pennington will return.
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