Update at 5:57 p.m.
Though the news spread this afternoon that Broncos quarterback Tim Tebow was traded to the Jets, apparently the deal's not done yet, the Huffington Post reports:
Citing anonymous sources, ESPN said 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.
Original Story (Wednesday at 2:15 p.m.)
Quarterback Tim Tebow — with his unconventional football prowess last season — is now a New York Jet, the Huffington Post reports.
Tebow was traded from the Denver Broncos after that team announced it had agreed to terms with sure-to-be Hall of Fame quarterback Peyton Manning, who was released from the Indianapolis Colts earlier this month.
Tebow became last season, leading the Broncos to an unexpected playoff victory in overtime against the Pittsburgh Steelers in January.