Not so fast.
The Jets brass reportedly met with Sanchez's representatives last weekend at the NFL Scouting Combine and are still mulling the team's options with its sixth-year signal-caller.
According to Kristian Dyer of Metro NY, the Jets have yet to make a decision on Sanchez, as they're waiting to see just how far Sanchez has come since sustaining a season-ending shoulder injury last August.
Sanchez competed with then-rookie Geno Smith last offseason for the starting gig and seemed to be in the driver's seat before busting his shoulder. Smith went on to an up-and-down season but showed enough to be given the lead role heading into 2014 with a medium-length leash.
Sanchez would/will save the Jets upwards of $8 million in cap space via either a release or trade in the coming weeks. Sanchez is owed a roster bonus in March, so Gang Green will make a move on him soon.
A team source, however, told Dyer that the Jets are considering restructuring Sanchez's contract so they can bring him back to again compete with Smith in camp.