(NEW YORK) — For the second time since agreeing to the trade, there has been a snag in a deal that would send quarterback Tim Tebow to the New York Jets.
Only this time, there is little to no worry that it will get done. Because of a technicality with his contract, Tebow must hold off just a little longer before he’s part of the Jets.
Tebow is required to sign a rewritten contract with the Denver Broncos today, and must remain on Denver’s salary cap for 24 hours before a trade can happen. This means that the trade will not be made official until Saturday at 4 p.m. ET Saturday. Tebow was supposed to conduct his introductory news conference today, but it has been delayed until Monday.
Earlier in the week when the trade originally went through, there was a holdup after an agreement was made over a $5 million bonus given to Tebow and which team would have to pay him the bonus. The issue was resolved, but now both sides must jump through one more hurdle before Tebowmania hits the Big Apple.
Copyright 2012 ABC News Radio
Eliott C. McLaughlin, CNN Newswire