Tim Tebow To Jets May Not Happen Due To Contractual Complications

The New York Jets and Denver Broncos have encountered complications in Tim Tebow’s contract which could nullify the trade, according to Adam Schefter of ESPN.

Filed to ESPN (1): Denver and Jets have encountered hangup in language in Tim Tebow's contract that could nullify trade.

—
Adam Schefter (@AdamSchefter) March 21, 2012

Tim Tebow has $5 million worth of recapture language, meaning Jets would have to pay back money to Denver. Jets might be unwilling. Complex.

—
Adam Schefter (@AdamSchefter) March 21, 2012

Jets-Broncos agreed to Tim Tebow trade before Denver asked NY to pay back portion of bonuses and salary already paid to Tebow. No deal yet.

—
Adam Schefter (@AdamSchefter) March 21, 2012

The Jets were reported to have agreed to trade their fourth and sixth round draft picks for the Broncos quarterback, however the contractual complications may stop the transaction from happening.

According to Schefter, in order to complete the trade, the Jets would have to pay back money to Denver, which is believed to be the reason why Jacksonville did not try to complete the trade for Tebow.