Tim Tebow trade not finalized? Jets deal hits a snag
Would you buy a home without an inspection?Mike Klis, First-and-Orange.
The contract says any team acquiring Tebow has to kick back $5.06375 million to the Broncos in advanced salaries from the 2012, 2013 and 2014 seasons, according to an NFL source. Tebow received $6.277 million in salary advance during the 2011 season. The breakdown of that advance: $1,213,750 in 2011 (the Broncos paid); $1,425,000 in 2012; $1,691,250 in 2013; and $1.92 million in 2014.
The Broncos expect the Jets to pay them back those salary advances from 2012-14 per Tebow's contract. The Jets are balking. There is a decent chance this deal may die.