UPDATE: Tebow to Jets on hold

POSTED: Thursday, March 22, 2012 - 3:21pm
UPDATED: Monday, April 23, 2012 - 4:40pm

Sources are reporting Tim Tebow to the New York Jets has been put on hold.

The snag is allegedly due to the Broncos asking for $5 million added to the trade over the next 3 years.

Denver — Reports have surfaced that Tim Tebow will be traded to the New York Jets.

According to ESPN.com, the Broncos will receive a 4th adn 6th round pick for the Denver quarterback.

Tebow is expected to be the backup quarterback to Mark Sanchez.

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