March 21 -- Jets get Tebow from Broncos for draft picks
Denver started shopping Tebow after signing Peyton Manning, and two days later it traded the lefty-quarterback to the Jets. The Broncos received fourth- and sixth-round draft picks, while New York got a seventh-rounder -- all in 2012. Eight hours after initially agreeing to a trade, the teams completed it after it was hung up when the Jets balked at repaying Denver more than $5 million for a salary advance due Tebow. The two sides agreed to split that cost. Tebow is expected to complement starter Mark Sanchez, who received a $40.5 million contract extension, with $20.5 million guaranteed, earlier in the month. Tebow's base salaries for the next few seasons are very cap friendly: $1.942 million in 2012, $2.266 million in 2013 and $2.590 million in 2014.