Broncos come to terms with Tebow

Football Betting Lines

07/29/2010 - Englewood, CO (Sportsbook Betting Lines) - The Denver Broncos agreed to terms with quarterback Tim Tebow, a first-round selection in the 2010 NFL Draft, on Thursday.

Financial terms were not disclosed, but The Denver Post reports it is a five- year deal worth between $11.5 million and $12 million, with more than $8 million guaranteed.

The contract agreement allows Tebow to join other Broncos rookies and early- reporting veterans in practice. Denver's training camp officially starts Sunday with the first full-team session.

Denver selected Tebow with the 25th overall pick in the draft after he completed a stellar collegiate career at Florida. The 2007 Heisman Trophy winner, Tebow helped the Gators win two national championships in his four years at the school.

Tebow is the only player in NCAA history to rush and pass for at least 20 touchdowns in a season, and he also holds the SEC mark for career touchdowns.

The 22-year-old helped Florida to a Sugar Bowl win over Cincinnati this past season, throwing for 2,895 yards and 21 touchdowns. He also ran for 910 yards and 14 more scores on 217 attempts.

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