So the Mort Report on the pre-game show said something about the Jags having basically open try outs for QB next year and Tebow will be in the mix. I wasn’t paying much attention cause the wife just got home so I missed the details (like how Tebow will leave the Jets, and why the Jags would be willing to take on an $11 million contract for a guy that’ll still have to try out), but that’s the core of it.
Tebow's base salary at Denver:
2010: $1.295 million (fully guaranteed)2011: $1.618.75 million (fully guaranteed)
2012: $1.942.5 million (fully guaranteed)
2013: $2.266.75 million (fully guaranteed)
2014: $2.590.5 million ($567,500 guaranteed)
Advance/Signing bonus
$975,000 on Friday (salary reduced to $325,000)
$6.275 million due 29 days after start of 2011 league year.
As Jet, Tebow makes:
2012:Base Salary $1.1 million
Roster Bonus- $472,000
Advance Repayment $1.5 million
Cap Hit $3.072 million2013:
Base Salary $1.055 million
Advance Repayment $1.03 million
Cap Hit $2.085 million2014:
Base Salary $895,000
Cap Hit $895,000
http://www.jetnation.com/2012/03/25/tim-tebows-contract-details/