The Jets have announced that the team has released quarterback Mark Sanchez (via Twitter). The move will free up $8.3MM in cap space in 2014, reports Manish Mehta of the New York Daily News (via Twitter).
The former first-round pick had a series of ups and downs during his five seasons with the team. Statistically he rated as one of the most turnover prone quarterbacks in football, posting 68 touchdowns and 69 interceptions in four years as a starter. He never completed more than 57% of his passes and fumbled 43 times. At the same time, Sanchez was able to lead the Jets to a pair of AFC Championship games during his run.