If I've learned anything from Jason over the years, it's that restructuring is just a way to defer the year a player kills your cap. I can't imagine Sanchez helping the Jets out by letting them own his rights any longer than necessary. If Idzik is as smart as advertised, he's going to try and buy Sanchez out with the money he's saving in the Scott/Smith/Smith/Pace cuts. Maybe Sanchez would give up a few mil in order to get out of town a year early with a giant check in his pocket.
Secondly, no prime free agent from any skill position is going to come here and rot on the vine unless they massively overpay for him. What, some WR is out there saying, "Boy, I get to play with a lame duck QB, for a lame-duck head coach, for a team that's habitually ruined the careers of every receiver who's walked through the door the past four years? SIGN ME UP ON THE CHEAP!"
cruel logic, but logic.