http://sports.yahoo.com/nfl/news;_y...A--?slug=ap-jets-testaverde&prov=ap&type=lgns
NEW YORK (AP) -- Quarterback Vinny Testaverde will be cut by the New York Jets, the Daily News reported Thursday.
The 40-year-old veteran will be released after June 1 to lessen the salary cap hit the team takes, but the announcement could come as soon as Friday, the newspaper reported, citing an unidentified NFL source.
New York is grooming second-year quarterback Brooks Bollinger as a backup to Chad Pennington. Testaverde, who has played 17 NFL seasons and was the No. 1 overall draft pick in 1987, doesn't want to be a third-stringer, but has indicated he still wants to play.
With Testaverde due to make $1 million this season, he is not an expensive player. But if the Jets cut him before June 1, they would take a $7.5 million salary cap hit because of the remaining prorated portion of his signing bonus.
However, cutting him on June 1 would allow the Jets to delay $4 million toward the cap to 2005.
Either way, the Daily News said Testaverde's six-year stint with the Jets is over.
Testaverde lost his starting job to Pennington early in the 2002 season, and Pennington led the Jets from a 2-5 start into the playoffs. When Pennington broke his wrist last summer, Testaverde took over and went 2-5 as a starter before Pennington returned.
In 1998, Testaverde was a Pro Bowler and guided the Jets to the AFC title game. But he tore his Achilles' tendon in the first game of the next season.
In 2001, the first year under coach Herman Edwards, Testaverde led the Jets to a 10-6 record and a wild-card playoff berth.