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Mark Sanchez's Contract Extension Worth Nearly $60 Million Over Next 5 Years, According To Reports

It was an interesting late Friday night in the NFL world, with the news that the St. Louis Rams and Washington Redskins coming to an agreement for the No. 2 pick, a lock to be used Robert Griffin III, dominating the headlines. But at just about the same time, the New York Jets announced they had signed Mark Sanchez to a three-year contract extension. Sanchez has two years left on his rookie deal, and stands to get paid in a big way, both in the present and future.

Here's the details of his contract extension.

That may seem like a steep price considering Sanchez's performance but lets consider ...

Oh man. This isn't going to go over well with Jets fans who have been calling for Sanchez's head.

For reaction to the Sanchez extension, visit Jets blog Gang Green Nation and SB Nation New York.