Mark Sanchez, Eagles agree on contract worth $5.5 million guaranteed

Mark Sanchez will be returning to the Eagles next season. The veteran has signed a two-year deal with Philadelphia, according to Ian Rapoport. Mike Garafolo of FOX Sports 1 reports that the contract is worth up a max value of up to $16 million (!) with $5.5 million guaranteed. Credit to @JonandSeanShow for first reporting Sanchez's return on Sunday evening.

Sanchez signed with Philadelphia last offseason. He had several ups and downs in nine games (eight starts). Sanchez was pushed into action after starter Nick Foles was lost for the season with a broken collarbone in a win against the Houston Texans. Sanchez put up decent numbers, as he completed 198-of-309 passes (64.1%) for 2,418 yards, 14 touchdowns and 11 interceptions. Unfortunately, the team went 4-4 with Sanchez as the starter and missed out on the playoffs, despite a 10-6 overall record.

The money in Sanchez's contract is very interesting. That's not just mere backup money. It doesn't seem like the Eagles would pay Sanchez that amount just to sit behind Nick Foles. Could Sanchez be a Doug Pederson-type if the Eagles decide to draft a quarterback? (Marcus Mariota?!)

The Eagles now have Sanchez, Nick Foles, Matt Barkley, and G.J. Kinne under contract at quarterback.