New York Jets Salary Cap Page

Mark Sanchez Picture

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 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