Tebow trade in limbo over contract language

Don't book that flight to the Big Apple just yet there, Tim.

A snag in the language of Tim Tebow's contract has put the trade that would have sent the quarterback to the New York Jets on hold and possibly could nix it for good.

According to ESPN.com, the problem is $5 million of $6.2 million salary advanced to Tebow that has not been paid. The onus for the $5 million would shift to the Jets if the trade goes through. However, the Jets believe that the Broncos should still be responsible for the payment.

ESPN also said that the Broncos want the Jets to pay back a portion of the money already paid to Tebow in order to make the deal go through. Earlier in the day, Denver had agreed to ship Tebow to the Jets with a seventh-round pick in exchange for fourth and sixth-round choices.

As the team stalls, the Jacksonville Jaguars have now re-entered the picture as a possible destination for Tebow. Tebow is from Jacksonville, and a report from earlier in the week indicated he would like to return to the state of Florida if he could.

Follow me on Twitter @TitanInsider247 and @terrymc13

Terry McCormick covers the Titans for TitanInsider.com

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