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These are the industry's best news reporting websites. Rotoworld and CBSsports are in a distant 1st/2nd in our opinion.
Chad Pennington’s Profile at Pro-Football-Reference
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Jockbio.com is a phenomenal site that writes up quite comprehensive biographies on professional athletes. The problem is that the site is not well designed and much of their content is buried. With this link, consider this diamond unearthed! Don't forget to check out the tabbed info that includes player quotes and other random stats.
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Pennington signed a straightforward two-year contract with the Dolphins worth $7.9 million in August of '08. There was no signing bonus, and the deal was pretty much split down the middle with the first year being worth $4 million.
2009 - $3.9 million
2010 - Free Agent
If the Dolphins or Jets aren't gonna give him any, we're happy to. Chad Pennington has sorta been crapped on over the last year, but they seem to be overlooking a couple of things. He is the all-time leader in completion percentage (66%) and has a QB rating of 90.6. That is higher than John Elway, Dan Marino, Dan Fouts, Brett Favre, and just shy of the QB rating NFL history leader, Joe Montana. From a leadership standpoint, he's the type of guy that GMs typically crave. He regularly heads player-only meetings so that the offensive players can study film together and work on their team communication. This is the time where teams truly bond together - no coaches, no official practices, just a bunch of guys dedicated to their craft figuring some things out on their own. Respect.
The Jets bounced him out of town in favor of the Brett Favre Comeback #1. Laveranues Coles was so disappointed by the way Pennington was treated last summer that he publicly aired his sentiments and even went so far as to give his new QB a cold reception.
Pennington responded to the Jets dismissal by not only playing a central role in the Miami revival, but becoming fantasy relevant again and finishing as a runner-up in the MVP voting in 2008. Respect. Well, at least he should have gained some respect. It seems the folks down in Miami inherited the same interpretation of the word that the people up in Jersey have, as the Dolphins have publicly iterated that Chad Henne will be their starting QB in 2010, but that he's not quite ready yet this year. Dis-respect.
It's the injury factor. It's gotta be. He took the Jets to the playoffs in the three years he played at least 13 games (2002, 2004, 2006). The other years that he was the starter, he was down for much of each season, leaving the team to the likes of Kellen Clemens (2007), Brooks Bolinger (2005), and a 40-year old version of Vinny Testaverde (2003).
Solid tape-job!

While Chad's stats last year were pretty good, they really weren't "fantasy good". In his career, he's thrown for 20 or more TDs just once, and that was back in 2002. He doesn't throw for many 300+ yard games, he doesn't score at all on the ground, and on the Dolphins, he's held back even a little bit more due to the offense and the lack of big-time players lining up at receiver. He's a solid #3 QB on your squad, but if you have him as your #2, you might be in a little bit of trouble. Expect more of the same stats you always see again this year.
Chad put in a solid 16 games last year and doesn’t have any injuries to speak of rolling into 2009, but he’s been injury-prone throughout his career, so proceed in drafting him with a slight bit of caution.