Report: Jets Paying More For Tim Tebow Than Patriots

NFL: New England Patriots-Minicamp

Tim Tebow might be in another uniform, in an entirely different city, but the New York Jets are still paying for that debacle literally.

ESPN New York is reporting that the Jets will actually pay more for Tebow than his actual team, the Patriots.

Last week, the Patriots signed Tebow to a two-year contract with no guarantees. The deal will reportedly pay him $1.36 million total.

The New York Jets are till making payments to the Broncos, $1.53 million to be exact, as part of last spring’s trade agreement that brought Tebow east.

The Jets aren’t paying Tebow anymore, but they’re still paying money to the Broncos — $1.53 million, per last year’s trade agreement. In other words, the Jets are paying more for a ghost than the Patriots will pay over two years for the actual player

The Jets even with the release of Tebow, will still have him counting against their cap.