He’s due to receive a $2 million roster bonus on Tuesday. This means that, to avoid the payment, he’ll have to be removed from the roster by 3:59 p.m. ET on Monday.
It’s quite possible that Sanchez will be the fallback option to Vick, on a reduced contract. It’s also possible (but not likely) that Sanchez will be traded. Absent a revised contract or a trade, Sanchez undoubtedly will be cut before the roster bonus becomes due.
Sanchez could become an intriguing option for a team that needs a quarterback. He generated four road playoff wins in his first two NFL seasons, with the last one coming at New England in the divisional round. In the right offense with the right supporting cast and the right coaching, he could take a team back to the conference title game, and possibly farther.
Potentially interested teams could include the Raiders, Texans, and Browns.