The Denver Broncos have traded former starting quarterback Tim Tebow to the New York Jets a day after introducing Peyton Manning as a new member of the Broncos. The trade involves Tebow and a 7th round pick going to the Jets for a 4th and 6th round pick to the Broncos. The story was first broken by Jay Glazer of Fox Sports.

Tebow is expected to be the backup to starter Mark Sanchez in New York, who received a $40.5 million contract extension earlier this month. The Jets finished 8-8 last season missed the playoffs for the first time in Coach Rex Ryan's tenure. Tebow led the Broncos to the AFC West title with an 8-8 record and a Wild Card weekend victory over the Pittsburgh Steelers 29-23 in overtime. Tebow was 7-4 as a starter in place of Kyle Orton.

The Jets this off-season have also signed former Detroit Lions reserve Drew Stanton to be their No. 2 quarterback and have former University of Alabama star Greg McElroy on the roster too. Tebow is expected to be part of the Wildcat Offense for the Jets to be a change of pace for the offense which has often sputtered under the helm of Sanchez.