From the Miami Herald:
The Dolphins quarterback competition came to an abrupt conclusion late
Friday night, and none of the three candidates currently in training
camp will win the starting job.
Miami has agreed to a two-year deal with former Jets quarterback Chad
Pennington, an agreement that will bring the former AFC East rival into
town as the unspoken starter, two league sources said.
Pennington can earn up to $11.5 million over the course of the
contract. His arrival also will mean the end in Miami for either Josh
McCown or John Beck, two quarterbacks that have been unable to impress
the coaching staff during training camp.
Vice president of football operations Bill Parcells was in charge of
personnel decisions in New York when the team drafted Pennington with a
first-round pick in 2000.
''It looked like a strong opportunity,'' Pennington's agent Tom Condon said. "He's had a good deal of success in this division.''