Mark Sanchez's contract makes it almost impossible for Jets to cut him
If the Jets decide Mark Sanchez isn't their franchise quarterback, they would take a huge salary-cap hit by cutting him during the coming offseason.
After Rex Ryan benched Mark Sanchez last week, the Jets quarterback admitted it was both the best and worst experience of his life. Whether he learns from it is another issue, meaning New York could be in the market for the next franchise quarterback (which, apparently, doesn't include Tim Tebow). Except that the organization would take a huge salary-cap hit if it cuts ties with Sanchez this offseason.
CBS Sports' Jason La Canfora has previously reported the Jets are $20 million over the cap for 2013, and Sanchez is guaranteed $8.25 million. On Sunday, ESPNNewYork.com's Rich Cimini continues to paint a bleak picture:
…There’s no off-set in (Sanchez's) contract, meaning the Jets are on the hook for the entire salary regardless of how much he receives from another team. They could designate him as a June 1 cut. That would spread the cap charge over two seasons -- $12.35 million in ’13 and $4.8 million in ’14. Bottom line: He’s uncuttable.
That's on Ryan and general manager Mike Tannenbaum. Whether owner Woody Johnson does anything about it is another matter.
Meanwhile, the Jets could also cut Sanchez, but Cimini writes "they’d get hit with an $8.9 million cap charge in ’13" before adding what everybody already knows: "No team in its right mind would pick up the $8.25 million guarantee."
Put another way: The Jets are stuck with Sanchez, and Sanchez is stuck with the Jets. And they'll have to find away to improve on this year's disappointing effort while being $20 million over the cap.
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