The Broncos are releasing Mark Sanchez, tweets Adam Schefter of ESPN.com.
Denver has announced that Trevor Siemian will be under center when the Broncos open the season in Week 1. As such, Sanchez simply wasn’t a fit for the Denver roster unless he was the backup signal-caller. With first-round pick Paxton Lynch pushing him for that role, Sanchez’s cap hit wasn’t palatable for a No. 3 QB.
While Siemian is only due to earn a minimum salary during the upcoming season, Sanchez was scheduled to count $4.5MM on Denvers’ salary cap, $1MM of which is guaranteed. Sanchez could have earned another $3MM through incentives, but the Broncos cleared $3.5MM off their books by trading him before the start of the season.
The Eagles will not receive a conditional draft pick given that Sanchez will not make Denver’s roster.
Photo courtesy of USA Today Sports Images.
Stick a fork in this guy because he is done. The NFL let’s you know when they are done with you and I think that time is nearing for Sanchez.