Chad Pennington quickly became the odd man out once Brett Favre joined the New York Jets. Pennington was released Thursday, ending the quarterback’s eight-year, injury-plagued career with the Jets. He was expected to find a new home soon: Minnesota and Miami were mentioned as possible destinations.

Chad Pennington dropped back and threw a few light passes. That counts as significant progress for the injured New York Jets quarterback, who was still preparing Thursday to play against the Baltimore Ravens.Pennington appeared to favor his injured right...