The alleged victim in the Mark Sanchez stabbing incident has been released from the hospital, the 69-year-old's lawyers tell TMZ Sports ... but with serious injuries that make it hard to even talk, he's got a long road to recovery.

We spoke with attorneys Erik May and Eddie Reichert on Monday -- the men representing Perry Tole -- who was severely wounded after an altercation with the former NFL QB early Saturday morning in downtown Indianapolis. Play video content

"He's released from the hospital, recovering, and hopeful that he'll regain function to, you know, his ability to speak," May said.

"Right now he's having a real difficult time communicating because of the large gash on his face that affected his jaw, tongue, and mouth. He's just at home resting, but we expect f

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