Mark Sanchez Contract Details: One Year Deal with $2.25 Milllion Guaranteed

Mark Sanchez has now officially inked a contract with the Philadelphia Eagles. The one-year deal is worth up to $4 million with $2.25 million in guaranteed money.

Click here to compare Sanchez's deal with other quarterbacks around the league. A look at this Rotoworld list shows what other free agent quarterbacks were paid this offseason. As you can see, Sanchez's value falls in line with the market price.

The Sanchez addition gives the Eagles a veteran quarterback who will compete for a backup job with second year QB Matt Barkley. Chip Kelly often stresses the importance of QB depth. Kelly lauded Sanchez's starting experience:

"I’ve said many times that we will always look to add quality players at the quarterback position. We consider it a key position in this game, so having the chance to add Mark to that group was a no-brainer for us. Mark has started 68 games in his career and has taken his teams deep into the playoffs multiple times, so we really like what he brings to the table from an experience standpoint. I also had the chance to see Mark play in college and have always had respect for his game and athletic ability."

Sanchez is hardly a thrilling addition, but he was one of the best available options on the free agent market. Here's a look at the newest Eagles quarterback: