Report: Tim Tebow trade to Jets could be nullified

Adam Schefter is reporting that the Denver Broncos trade of Tim Tebow to the New York Jets could be nullified based on language within Tebow’s contract. The St. Louis Rams could become interested in acquiring Tebow if that happens, Schefter reports.

Filed to ESPN (1): Denver and Jets have encountered hangup in language in Tim Tebow’s contract that could nullify trade.

— Adam Schefter (@AdamSchefter) March 21, 2012

Tim Tebow has $5 million worth of recapture language, meaning Jets would have to pay back money to Denver. Jets might be unwilling. Complex.

— Adam Schefter (@AdamSchefter) March 21, 2012