Hold the phone. The trade has not been completed that will give the New York Jets Tim Tebow. Adam Schefter tweets that there is a hangup in the language that could nullify the trade. Never a dull moment in Jets land!
Filed to ESPN (1): Denver and Jets have encountered hangup in language in Tim Tebow’s contract that could nullify trade.
3/21/12 3:13 PM
(2) If the Tebow trade to Jets falls apart, St. Louis could wind up getting back into play. Sides sorting through details.
3/21/12 3:14 PM
Tim Tebow has $5 million worth of recapture language, meaning Jets would have to pay back money to Denver. Jets might be unwilling. Complex.
3/21/12 3:20 PM
The same money issues in Tim Tebow’s contract caused complications for Jacksonville trying to complete trade. Now Jets facing them.
3/21/12 3:26 PM
Jets still alive and working to complete this trade. But there are contractual complications.
3/21/12 3:32 PM
The Jets’ trade for Tim Tebow might have hit a snag.
The Broncos are attempting to recoup $5 million paid out as a bonus on Tebow’s original rookie contract, according to league sources.
Money typically isn’t exchanged in this way in trades like this. No team would ever agree to a deal like this, because it would be too complicated.
Ellis Lankster has tweeted that he is very grateful to be back with the New York Jets and specifically playing for Rex Ryan. Ryan is known as a players coach, and to hear a player say (or tweet) this sediment is really no surprise.
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It must have been New York Jets day and New York Yankees spring training on Monday. Joe Namath tweeted a picture of him greeting Derek Jeter, and Rex Ryan was seen in the crowd at the game and interviewed during the broadcast.
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