Report: Tebow dealt to Jets

The Denver Broncos have dealt quarterback Tim Tebow to the New York Jets, according to FoxSports.com.

The full scope of the deal is that a fourth and sixth-round pick are both headed to Denver in exchange for Tebow and the Broncos' seventh-round pick.

Tebow became expendable in Denver when the Broncos won the Peyton Manning sweepstakes on Monday and signed the quarterback to a five-year, $96 million deal on Tuesday.

Tebow, the Broncos' 2010 first-round pick, led Denver to a number of exciting finishes and victories this season, including one against the Jets, not to mention an overtime win in the playoffs against Pittsburgh.

However, Broncos management was never quite sold on a quarterback who was still a work in progress and caused them to alter their offense to more of a spread-option attack like he ran at the University of Florida.

Tebow going to the Jets presents an interesting dynamic and also sets the stage for a major quarterback controversy, should Mark Sanchez, whom the Jets just gave a contract extension, continue to struggle like he did in 2011.

The Jets could also use Tebow in a number of Wildcat type packages, although he almost certainly prefers to be a full-time quarterback instead of a gadget player in the offense.

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Terry McCormick covers the Titans for TitanInsider.com

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