After a back-and-forth process that appeared, as of early Friday morning, that it might collapse, veteran quarterback Chad Pennington has agreed to remain with the Dolphins.
According to Jeff Darlington of the Miami Herald, Pennington signed a one-year deal, which will pay him $2.5 million.
Pennington had balked at the team’s reluctance to include a no-trade clause. Per Darlington, the issue was resolved via an agreement to pay Pennington an extra $1.5 million if he eventually is shipped to a new team.
He has spent two years with the Dolphins, promptly signing after being dumped by the Jets after they traded for Brett Favre in August 2008. Pennington, who played college football at Marshall, was a first-round pick of the Jets in 2000.
There were concerns that Pennington’s presence could create a, yes, schism in the Miami locker room if new start Chad Henne struggles. In the end, our guess is that the team believes that Pennington will do everything he can to support Henne.