Tim Tebow Trade Postponed for Money Issue

Tim Tebow Trade Postponed for Money Issue

Published on March 21st, 2012

Tim Tebow's trade to the New York Jets has been postponed because of a money issue neither team wants to pay...


Tim Tebow's trade to the New York Jets has been postponed because of a money issue neither team wants to pay, ESPN reports:

In Tebow's contract is a $6.2 million salary advance, of which $1.2 million already has been paid by Denver, sources told Schefter. The difference of $5 million is still advanced against his future salary, and that burden would shift to the Jets in a trade. The Jets, sources said, believe the Broncos should owe Tebow that money.

The trade, then, will not be finalized until the sides resolve their differences over which should pay the money coming to Tebow.
 
The teams agreed to the terms of the trade -- the Jets dealt fourth-round and sixth-round selections in 2012 in exchange for Tebow and a 2012 seventh-rounder from Denver -- before the Broncos asked New York to pay back a portion of bonuses and salary already paid to Tebow, sources told Schefter."
 
With all the money NFL teams make every year, they wiil find a way to complete this trade. I'm guessing that since the broncos already paid Tebow $1.2 million, that the Jets, if they really want him, will end up paying the difference.
 

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