UPDATE: Sanchez passed his physical Thursday, and should sign shortly.

In any free agency window, the quarterback market is thinner than a snowflake. There’s a clear-cut reason why only one team in recent history won the Super Bowl with a free agent quarterback: the New Orleans Saints and passer Drew Brees. These trends justify why a former icon in New York, who has fallen comically from grace, now finds himself switching places with another such icon.

Reports indicate that the Philadelphia Eagles are nearing the signing of quarterback Mark Sanchez, formerly of the New York Jets. Sanchez is expected to back up Nick Foles, and plays as a similar style to the emerging quarterback. The move keeps 2013 fourth-round pick Matt Barkley as the third-string option behind his fellow University of Southern California alum.

Sanchez was drafted fifth overall in the 2009 NFL Draft after the Jets sent a first round pick, a second round pick, and three players to Cleveland for the selection. At the time, the signal caller was leaving a renowned USC program which never produced a strong quarterback. That June, the Jets signed Sanchez to a five-year, $50 million contract with $28 million in guaranteed money.

Sanchez took the Jets to the AFC Championship game, ultimately losing in Indianapolis; however, the Jets appeared to advance this far in spite of Sanchez, who threw 12 regular season touchdowns and 20 interceptions. Following the strong rookie season, Sanchez and the Jets appeared in their second straight Championship game. The team lost in Pittsburgh after trailing 24-3 at halftime.

The Jets failed to make the playoffs since that day, and Sanchez became exposed for the flaws he possessed wound up losing his starting job to rookie Geno Smith.

Ironically, Michael Vick lost his spot similarly to Nick Foles, and will now take up Sanchez’ backup spot. If need be, hopefully Sanchez returns to the form that took the Jets steps away from the Lombardi trophy.

Photo: NBC Sports

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