Woodhead wasn't put on the PS. The New York media is speculating that he is signed elsewhere. Here is a short blog about Danny from ProFootballTalk....Woodhead not on Jets practice squad
Posted by Gregg Rosenthal on September 7, 2009 4:30 PM ET
The Jets became one of the last teams to announce their practice squad, and the list is notable for a name not on it: preseason cinderella running back Danny Woodhead, who made the team Saturday, only to get waived Sunday.
This is likely good news for Woodhead and bad news for Jets fans that took a shining to the kid, because Woodhead has probably been claimed on waivers elsewhere.
The Jets players who did make the practice squad: running back Jehuu Caulcrick, safety Emanuel Cook, linebacker Kenwin Cummings, safety Keith Fitzhugh, wideout Marcus Henry, defensive tackle Matt Kroul, tackle Ryan McKee, and tight end Jack Simmons.
It's possible Woodhead will eventually displace one of the names above, but it seems more likely that he's headed to another team's 53-man roster.