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Tim Tebow deal to Jets hits snag

2:43 PM, Mar 21, 2012   |    comments
Tim Tebow (By: Justin Edmonds, Getty Images Sport)
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By DENNIS WASZAK Jr., AP Sports Writer

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.

(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

Associated Press

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