Posted Wed Mar 21st by Monty
Things could get ugly soon between the New York Jets and the Denver Broncos. A clause in Tim Tebow‘s contract requiring a trade partner to compensate the Broncos over $5 million in paid salaries and bonuses has caused the initially reported deal to hit a snag, but the Broncos are prepared to argue that the deal should stand anyway, NFL.com’s Jeff Darlington reports.
It’s a lesson you think an NFL General Manager would know well by now, but always read the fine print.
Broncos source says Jets agreed to Tebow trade — and it’s their fault for not thoroughly reading contract. They contend trade should stand.
— Jeff Darlington (@JeffDarlington) March 21, 2012
Several other teams — including the Jaguars — recognized the language that required nearly $5 million payment, source said. Jets did not.
— Jeff Darlington (@JeffDarlington) March 21, 2012
Broncos sources contend the trade was made in good faith, that it should stand and that Jets should pay nearly $5 million. Could. Get. Ugly.
— Jeff Darlington (@JeffDarlington) March 21, 2012
Published on 03/21/2012 at Wed Mar 21 14:42.
Tagged: 2012 Offseason,Denver Broncos,New York Jets,Tim Tebow,Top Stories.