Broncos Trade Quarterback Tim Tebow

March 21, 2012 by staff 

Broncos Trade Quarterback Tim Tebow, New York Jets quarterback Mark Sanchez (6) and and Tim Tebow (15) walk off the field together after a game in November. Tim Tebow has been traded to the New York Jets. The team said Wednesday it has acquired the polarizing quarterback from the Broncos. Denver general manager Brian Xanders says the Broncos will receive fourth- and sixth-round draft picks, while New York gets a seventh-rounder – all in 2012.

Mark Sanchez, the Jets’ incumbent quarterback recently signed a three-year, $40.5 million contract extension with $20.5 guaranteed.

Tebow led the Broncos to the playoffs last season – along the way beating Sanchez and the Jets, who missed the postseason.

Earlier reports indicated that the Jacksonville Jaguars and St. Louis Rams were among teams interested in acquiring Tebow, who became expendable in Denver after the Broncos signed quarterback Peyton Manning to a five-year contract on Tuesday.

At a news conference Tuesday to introduce Manning, Broncos executive John Elway said he would explore all his options for Tebow, the incredibly popular and polarizing quarterback who led the Broncos back to the playoffs last season for the first time since 2005.

“Tim Tebow is a great kid. If I want someone to marry my daughter, it would be him,” Elway said. “But I think with the opportunity to have Peyton Manning’s services, we had to take advantage of that. Now that it’s happened, we have to go back and address Tim and see what the best situation is for the Denver Broncos, as well as him.”

Although disappointed at Manning’s decision to come to Denver, Tebow took the news in stride during a phone conversation with Elway.

“He’s said, `Well, we’re talking about Peyton Manning. I understand exactly what you’re doing,”‘ Elway explained. “He was very, very positive.”

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