Petty, who is expected to recover from his shoulder injury in time for OTAs, will compete with Josh McCown and Christian Hackenberg for the starting quarterback job, ESPN.com's Rich Cimini reports.
Petty struggled when given opportunities last season in place of the ineffective and injured Ryan Fitzpatrick, though it wasn't bad enough for the team to turn to Hackenberg, who has to be viewed as a long shot to win the job. The Jets obviously don't have a ton of faith in their young quarterbacks with the addition of the well-traveled McCown in March, and even if Petty wins the job, he'll likely represent one of the lower-end fantasy producers at his position.