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Tebow clears waivers, Jets owe Broncos


The Jets paid $1 million to trade Darrelle Revis. They’ve now paid $1.53 million to cut Tim Tebow.

As expected (and as MDS pointed out) no one made a waivers claim for the remnants of quarterback Tim Tebow’s rookie contract.

This lack of a waivers claim means that the Jets remain on the hook to pay back to the Broncos $1.53 million in salary that was advanced to Tebow in 2011.

And so one of the worst personnel moves in recent history gets even worse for the Jets. Woody Johnson will be contributing $1.53 million to Pat Bowlen’s bank account.