It's Official: Tim Tebow Goes to Jets

New York, Denver finalize deal for quarterback
By John Johnson,  Newser Staff
Posted Mar 21, 2012 3:49 PM CDT
Updated Mar 21, 2012 8:31 PM CDT
Tebow-to-Jets Trade Hits $5M Snag
In this Nov. 17, 2011, file photo, Denver Broncos quarterback Tim Tebow warms up before a game.   (AP Photo/Barry Gutierrez, File)

Tim Tebow will, in fact, suit up for the New York Jets next season. The Jets announced the deal this afternoon, but things nearly fell apart afterward over a $5 million clause in Tebow's contract. After last-minute talks, the Jets agreed to pay half the amount to Tebow's now-former team, the Denver Broncos, reports ESPN. Tebow himself reportedly weighed in to help cinch the deal, saying he wanted to go to New York, writes Adam Schefter.

"Tim Tebow deserves an enormous amount of credit for what he accomplished and how he carried himself during his time with the Broncos," said Denver exec John Elway, who now has Peyton Manning as his QB. "From taking over a 1-4 team and leading it to the playoffs to energizing our fans and this community, Tim left an extraordinary mark on this organization." Click for more on how the deal unfolded. (Read more New York Jets stories.)

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