Jul 302010

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The Denver Broncos announced that they had agreed to a five-year deal with quarterback Tim Tebow, the 25th pick in April’s draft, continuing a recent run of first-round draft pick signings.

NFL Network’s Michael Lombardi first reported the deal was done.

Lombardi reports Tebow’s deal is worth a max $33 million over five years, and the rookie QB will get $8.7 million guaranteed. It’s a bigger deal than the player picked before him — Dallas receiver Dez Bryant — received, but that isn’t a huge surprise, as there were reports Tebow wanted more money than Bryant because he is a quarterback.

The Broncos traded up into the end of the first round, dealing with Baltimore to acquire the pick they used on Tebow, a four-year star at Florida and one of the draft’s most interesting stories.

With so many questions about his ability to play the quarterback position on an every-down basis in the NFL, it was a surprise to some that Tebow was selected in the first round.

 

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