Tim Tebow Remains On Jets’ Roster Because Of Money Owed To Denver

Update:

Mike Klis of the Denver Post reports that the reason Tim Tebow remains on the Jets’ roster is due to the fact that they still owe the Broncos $1.531 million of Tebow’s rookie contract.

Klis adds that the Jets are still trying to trade Tebow in the hopes of finding a team to push this money off on.

If New York were to release Tebow, they would get out of paying his 2013 base salary of $2.58 million, but would still be required to send the $1.531 million to Denver.

It’s doubtful that they’ll be able to find anyone willing to send them a draft pick and take on $1.531 million owed to him, so it seems likely that he’ll be released shortly after the draft.

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Rich Cimini of ESPN New York reports that the Jets are expected to release QB Tim Tebow following the upcoming draft.

Cimini adds that Tebow is still expected to report next Monday for the start of the Jets’ voluntary workouts.

• Manish Mehta reports that the Rams do not have interest in trading for Tebow. They were linked to Tebow last offseason, but appear to no longer be an option.
  

The Jets have reportedly been trying to trade Tebow, but haven’t found any real interest. A recent report mentioned that the Seahawks considered the idea, but no longer see him as an option. Seattle brought in four quarterbacks for workouts on Monday, so they appear to be deciding between them.

Tebow has been working on throwing mechanics with former NFL quarterback Chris Weinke at the IMG Academy. Clearly, he remains focused on playing quarterback in the NFL, instead of switching positions like some have previously suggested.

It seems unlikely that Tebow will find even modest interest once he’s released. Several teams that were believed to be potential landing spots have already distanced themselves from the idea, so I guess we’ll have to see if they’re willing to change their minds.