Tebow Agrees To 5-Year Deal Worth $11.25 Million

Tim Tebow has finally signed a contract, officially becoming a member of the Denver Broncos organization. Tebow had not yet reported to camp, claiming he wanted a "position bonus" over higher pick and Dallas WR Dez Bryant, who signed a five year deal last week worth only $11.8 million, $8.5 million of that guaranteed. The holdout proved worthwhile as Tebow finally agreed to a five-year deal worth $11.25 million, but could reach as high as $33 million with incentives and bonuses.

He will now report to training camp, leaving fellow first round pick Demaryius Thomas as the only unsigned player. Thomas is also making progress towards a contract and talks are expected to conclude by the end of the day.

For reaction, visit Mile High Report.

Trending Discussions

X
Log In Sign Up

forgot?
Log In Sign Up

Please choose a new SB Nation username and password

As part of the new SB Nation launch, prior users will need to choose a permanent username, along with a new password.

Your username will be used to login to SB Nation going forward.

I already have a Vox Media account!

Verify Vox Media account

Please login to your Vox Media account. This account will be linked to your previously existing Eater account.

Please choose a new SB Nation username and password

As part of the new SB Nation launch, prior MT authors will need to choose a new username and password.

Your username will be used to login to SB Nation going forward.

Forgot password?

We'll email you a reset link.

If you signed up using a 3rd party account like Facebook or Twitter, please login with it instead.

Forgot password?

Try another email?

Almost done,

By becoming a registered user, you are also agreeing to our Terms and confirming that you have read our Privacy Policy.

Join SB Nation Denver

You must be a member of SB Nation Denver to participate.

We have our own Community Guidelines at SB Nation Denver. You should read them.

Join SB Nation Denver

You must be a member of SB Nation Denver to participate.

We have our own Community Guidelines at SB Nation Denver. You should read them.

Spinner.vc97ec6e

Authenticating

Great!

Choose an available username to complete sign up.

In order to provide our users with a better overall experience, we ask for more information from Facebook when using it to login so that we can learn more about our audience and provide you with the best possible experience. We do not store specific user data and the sharing of it is not required to login with Facebook.