The New York Jets officially released Mark Sanchez on Friday and announced the signing of former Philadelphia Eagles quarterback Michael Vick.
According to ESPN, the move was made for a variety of reasons, including Sanchez no longer being viewed as the franchise's quarterback, his rather large $13.1 million hit to the salary cap and his surgically repaired shoulder. Plus the team seems more focused on the young Geno Smith.
The team released him ahead of March 25, which is when the Jets would have been forced to pay Sanchez a $2 million roster bonus. His release will save the team $8.3 million.
Just last week, the former USC quarterback sounded accepting of whatever move the team chose to make last week.
According to USA Today, Vick signed with the Jets after visiting the team on Friday. The terms of the deal have not been announced.
Vick found himself replaced by Nick Foles as the starting quarterback of the Eagles during the season. The veteran quarterback sounded ready for a new situation, saying, "Maybe I can come here and be an asset whenever my number's called. I'm excited. I'm elated."