The Sanchise is over (for real)—and now the Jets have a man who served 19 months in prison for running a brutal dog fighting ring. Gang Green has signed Michael Vick to a one-year, $5 million deal, and released their once-star quarterback, Mark Sanchez. Guess the rumors from 2012 were true!

The Star-Ledger reports, "The NFL's top draft pick in 2001 and once one of the league's biggest stars, Vick was the most accomplished quarterback left on the free agent market. Though Vick joins the Jets in all likelihood to serve as a backup to Geno Smith, the quarterback who started 16 games here last year. Vick will be 34 years old by the time training camp begins this summer."

Jets offensive coordinator Marty Mornhinweg, who coached Vick at the Eagles, said, "He's here in a role where he's going to compete and push Geno Smith to become the very best that he can be." And Vick said (video), "My role is to go out there and win."

From NewYorkJets.com:

Vick's NFL career is well-documented. From 2001-06 he started 67 games for the Atlanta Falcons, completing 53.8% of his passes for 11,505 yards, 71 touchdowns and 52 interceptions. He also was among the most dangerous running QBs in the league, averaging 7.3 yards a carry and scoring 21 TDs.
Then with the Eagles from 2009-12, he started 36 games, cut back some on his rushing and improved his passing to 60.0% accuracy, threw for 8,769 yards, 52 TDs and 30 INTs, and hiked his passer rating 12 points to 87.8.

For his regular-season career, Michael Vick has thrown 128 TDs and 85 interceptions, has an 80.9 passer rating and a 58-48-1 record as a starter. He also quarterbacked the Falcons and Eagles to two playoff berths each and compiled a 2-4 postseason record as a starter. He was a Pro Bowler with Atlanta after the 2002, '04 and '05 seasons and with Philadelphia after his first full season as a starter in 2010.

Last season Vick started Philadelphia's first five games and six in all before finishing the year backing up Nick Foles.

Vick's off-the-field issues have also been well-documented. In August 2007 he pleaded guilty to federal felony charges in connection with dog-fighting. He served 21 months in prison and thus sat out the 2007 and '08 NFL seasons before returning to the game with the Eagles in '09.

As for Sanchez, ESPN explains he "was cut for a variety of reasons, including a bloated cap charge of $13.1 million and a surgically repaired shoulder. In reality, the organization started moving away from Sanchez last spring, when it drafted Geno Smith in the second round… Sanchez was due a $2 million roster bonus March 25, forcing the issue. The Jets will save $8.3 million against this year's cap, incurring $4.8 million in "dead" money on the cap."

Sanchez said last week, "I love New York. I've had a ball there. Things were going great. I was competing well. I felt like I was winning the job and then I got hurt. We'll see what happens. I know management has some decisions to make here in the next few days. We'll see what happens. Whatever happens, it'll be great."