Bounced out of New York after the Jets signed Vick last Friday, Sanchez agreed to a contract with the Philadelphia Eagles on Thursday, according to a person with knowledge of the agreement. The person spoke to The Associated Press on condition of anonymity because the Eagles haven't officially announced the move.
Sanchez spent last season on injured reserve after tearing the labrum in his right shoulder in a preseason game. He led the Jets to the AFC championship game his first two seasons in the NFL before struggling the next two. Sanchez had an NFL-leading 52 turnovers in 2012-13.
Sanchez was the fifth overall pick in the 2009 draft and drew comparisons to Joe Namath in New York. He had seemingly beat out rookie Geno Smith for the starting job in a preseason competition last August before getting hurt.
Sanchez has thrown 68 touchdown passes, 69 interceptions and lost 20 fumbles. His career completion percentage is just 55.1 and his passer rating is only 77.1.
While Vick will compete with Smith for the starting job in New York, Sanchez is coming to Philadelphia as insurance. Foles had a breakout sophomore season and led the Eagles to the NFC East title after replacing an injured Vick in Week 5. Foles threw 29 touchdowns and only two interceptions in 11 starts, including a playoff loss to New Orleans.
The Eagles needed a veteran quarterback after losing Vick.
"I think Mark is a very, very good athlete," Eagles coach Chip Kelly told reporters Wednesday at the owners' meetings in Orlando. "He's started 60-some-odd games in this league. He's got good experience. He has a lot of positive qualities."