By the way, Brett Favre's a Jet

You heard it here second, though you'll probably read this Thursday and by then you'll already know.

No word on how the Jets will absorb the impact on their salary cap.

UPDATE: Oh, they're cutting Chad Pennington, that frees up 6 million.

THOUGHT: The irony of this whole thing is that Pennington will likely end up with a better team and likely in a better situation than Brett Favre.