Mark Sanchez
Position: Quarterback
The New York Jets signed their 2009 first round draft choice, QB Mark Sanchez, to a 5 year contract on June 10, 2009.
The contract is reportedly worth 50.5 million with 28 million in guarantees. Sanchez will earn base salaries of $2,545,000(2009),
$3,181,250(2010), $3,817,500(2011), $4,453,750(2012), and $5,090,000(2013). Sanchez received a salary advance of $10,012,500 in 2010 and can earn roster
bonuses of 2.75 million in 2012 and 1 million in 2013.
Following the completion of the 2009 regular season Sanchez met his participation incentives to
trigger salary escaltors in his contract. Sanchez' new salaries are $6,442,500(2010), $13,500,000(2011),
$8,500,000(2012), and $4,000,000(2013).
Sanchez earned another $1.25 million in playoff bonus money following the Jets 2011 Divisional Playoff Win. His new base salary is $14,750,000 in 2011.
Sanchez restructured his deal in December 2011. At this time I am estimating that he took a $500,000 pay cut in 2011 which was rolled into his 2013 salary and that no
other changes were made. As more details become known I will update Sanchez' contractual status.
On March 9, 2012 the Jets signed Sanchez to a 3 year extension worth $40,475,000 million extension. Based on a report by Profootballtalk.com Sanchez will receive an $8 million
signing bonus and be eligible for roster bonuses of $2 million, $1 million, and $1 million payable on the 15th day of the 2014, 2015, and 2016 league year. Base
salaries of the contract are $3,250,000(2012), $8,250,000(2013), $9,000,000(2014), $12,500,000(2015), and $10,750,000(2016). As more details become known I will update the estimates. There is a possibility that the team also guaranteed
$1 million in workout bonus money. Right now the cap charges are being presented as if they did not guarantee the workout bonus.
| Year | Salary Cap Number | Dead Money if Cut | Cap Savings if Cut |
|---|---|---|---|
| 2009 | $2,545,000 | $19,087,500 | ($16,542,500) |
| 2010 | $8,945,625 | $28,792,500 | ($19,839,595) |
| 2011 | $17,228,125 | $20,346,875 | ($3,118,750 |
| 2012 | $7,853,125 | $24,506,250 | ($16,653,125) |
| 2013 | $12,853,125 | $17,153,125 | ($4,300,000) |
| 2014 | $13,100,000 | $4,800,000 | $8,300,000 |
| 2015 | $15,600,000 | $3,200,000 | $12,400,000 |
| 2016 | $13,850,000 | $1,600,000 | $12,250,000 |