PHILADELPHIA (AP) — DeSean Jackson went from the trading block to the chopping block.

Jackson is out in Philly —  just as Mark Sanchez was on his way into town.

Unable to find a taker on the trade market, the Eagles released him, ending the Pro Bowl wide receiver’s six-year stint with the team. His playmaking days are over in Philly, and the tailspin from key cog to unexpected free agent comes with a hint that off-field issues are at the root of the split.

Jackson thanked the Eagles organization and fans in a statement Friday, and also denied “unfounded reports” that he was released for any reason related to his lifestyle.

“I would like to make it very clear that I am not and never have been part of any gang,” Jackson said. “I am not a gang member and to speculate and assume that I am involved in such activity off the field is reckless and irresponsible. I work very hard on and off the field and I am a good person with good values.

“I am proud of the accomplishments that I have made both on and off the field. I have worked tirelessly to give back to my community and have a positive impact on those in need. It is unfortunate that I now have to defend myself and my intentions. These reports are irresponsible and just not true.”

Before releasing Jackson, the Eagles announced they had signed Sanchez. Bounced out of New York after the Jets signed Michael Vick last week, Sanchez moved down turnpike to Philadelphia in what essentially was a swap with Vick.

“I think we passed each other on the train,” Sanchez said, laughing.

Sanchez can wave goodbye to Jackson, too. Jackson was coming off a career-best season in Philadelphia, leading the team with 82 catches for 1,332 yards and nine touchdowns. He had a $10.25 million contract for the 2014 season and was signed through 2016.

Speaking at the NFL meetings, Jets owner Woody Johnson expressed interest in Jackson, saying: “We’re looking at a number of players, including DeSean.”