Tebow clears waivers, becomes free agent
Tebow was waived Monday after an unproductive season with the Jets, leaving his NFL future uncertain. It was expected he would clear waivers since a team would have had to pick up the remainder of Tebow's contract, about $1.9 million over the next two seasons.
The Jets must still pay the Broncos, from whom they acquired Tebow in March 2012, $1.53 million as a result of the trade agreement.
It's uncertain if any NFL team will give Tebow an opportunity for next season, but two indoor league teams have offered him a job.
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