Las Vegas Sun

May 18, 2024

Report: Deal to send Tebow to Jets hits snag

Tebow10

Mona Shield Payne / Special to the Sun

Denver Broncos quarterback Tim Tebow laughs with Senior Pastor Kevin Odor, as seen on a television monitor, during his appearance at the evening service at Canyon Ridge Christian Church Saturday, March 3, 2012, in Las Vegas.

Tebow in Las Vegas

From left, Paula Dominguez, Ruth Butindaro and Marie Adams Tebow with their coveted photograph of Denver Broncos quarterback Tim Tebow after attending his appearance during the evening church service at Canyon Ridge Christian Church Saturday, March 3, 2012, in Las Vegas. Launch slideshow »

NEW YORK —ESPN is reporting that the deal to send Tim Tebow to the New York Jets from the Denver Broncos has hit a snag.

Citing anonymous sources, ESPN says Wednesday that provisions in the quarterback’s contract are causing complications in the completion of the trade. ESPN says Tebow’s contract has $5 million worth of “recapture language,” which means the Jets would have to pay back some money to the Broncos.

The hang-up comes just a few hours after the Jets announced they had agreed in principle to acquire the polarizing quarterback. Denver general manager Brian Xanders said the Broncos would receive fourth- and sixth-round draft picks, while New York gets a seventh-rounder—all in 2012.

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