The Denver Broncos are gearing up to trade Tim Tebow, but the team will fail to receive compensation equal to where he was selected in the 2012 NFL Draft. Tebow was the 25th overall pick for the Broncos that year, but no team is willing to give up that much for him. If CBS' Mike Freeman is to be believed, the Broncos will likely receive a pick in the fifth or sixth rounds:
I'm told five to six teams have called the Broncos and that the number might be higher. The compensation being discussed is a low-round draft pick, a person familiar with the situation said. This source believes Tebow will be traded for a fifth or sixth rounder.
Should that market for Tebow stay the same or increase, there's no reason the Broncos won't trade him. However, Freeman also indicates that the team could release him if no trade is possible. That seems unlikely, but it's becoming clear that the Broncos want to move on from Tim Tebow.
For updates, stay tuned to SB Nation Denver. For more on the Broncos, visit Mile High Report. Check out SB Nation NFL for more news and notes around the league.