Mark Sanchez QB PHI Jan 29 '13

Ex-Jets GM Mike Tannenbaum admits the five-year, $58.25 million extension he gave Mark Sanchez last March "doesn't look very good."

"Our thinking on that was Mark is only one of five QBs in the history of pro football to win 30 or more games in his first three years," Tannenbaum said Tuesday. "Get cost certainty from a standpoint of we know what he's going to cost and he gets the benefit of some security." Tannenbaum also insisted the Jets' cap situation isn't as dire as it's been portrayed. "You'll see in the next six weeks how it will pay out. ... There's a very detailed plan there." New GM John Idzik can only hope.

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