Jets release Mark Sanchez

After drafting Sanchez fifth overall in 2009, the Jets thought they didn't have to worry about the quarterback position for a decade. Following a promising start, Sanchez regressed in 2011 and '12. He received a three-year, $40 million extension before the 2012 season, but everything unraveled in a controversy-filled year with him and Tim Tebow sharing the spotlight. Sanchez was benched late in the season.

He was 33-29 in four seasons as the Jets' starter and had four road playoff wins. Ryan said as recently as 2011 that Sanchez would be his starting quarterback for as long as he remained the coach.

Sanchez has 68 career touchdown passes, 69 interceptions and a 71.7 passer rating.

In November, Sanchez said he had no desire to play elsewhere.

"It's been a dream come true to play here and I don't want to go anywhere else, that's for sure," he said. "I know I have [three] years left, and I don't ever want that to end. I love being a Jet and I plan on being here."

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