Sanchez signed a three-year extension with the team on Friday, but he wasn't significantly richer or more secure when he woke up on Monday morning.
In 2012, Sanchez will make the same money ($11.75 million) he was set to earn before the extension. The difference is how it pays out: According to NationalFootballPost.com, Sanchez will now receive an $8 million signing bonus and a $3.25 million guaranteed salary, along with an offseason workout bonus of $500,000. The bonus is spread over the five remaining years of the deal, saving $6.4 million against the Jets' cap.
All told, Sanchez will get $20.5 million guaranteed compared to $17.75 million of non-guaranteed money over the next two years. It's a "measly" raise of $2.75 million.