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Report: Deal between Broncos and Jets for QB Tim Tebow hits snag
NEW YORK (AP) ' 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.