It's time for ... "How to Save the NY Jets ... starring Chad Pennington."
The former NY Jets QB was out in Chicago for the Draft over the weekend -- so we had to ask about the quarterback situation ... now that they have FOUR gunslingers in the mix.
The solution -- according to Pennington -- GET A DEAL DONE WITH RYAN FITZPATRICK!
Check out the clip ... Pennington says it's not just the best move for the Jets -- but also for Ryan.
BTW, since Pennington was known for being such a tough guy back in the day, we asked what he thought of Austin Rivers' playoff performance -- playing with 11 STITCHES in his face!
Chad was definitely impressed.