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The move will obviously have the most profound impact on a New York Jets team struggling to recover from falling to 8-8 after two consecutive AFC championship game appearances.
But it may not be a bad one for New York.
The soul-searching Jets have found a potentially killer combination in Tony Sparano and Tim Tebow, who together underscore New York's fundamental ground-and-pound identity.
Jets offensive coordinator Tony Sparano was hired, in part, for his mastery of the Wildcat offense. And Tim Tebow is the perfect piece to play in that system.
First, Tebow's pure athleticism makes him well suited for the Wildcat. In the Bronco's option system, he was quick and could tuck and run when another play wasn't there.
Tebow will be able to do the same in the Wildcat.
Furthermore, despite the additional $2.5 million charge the Jets incurred in his acquisition, New York will probably get more value out of the QB than any other team in the NFL.
For a quarterback who lacks an accurate arm and struggles to read coverages in throwing situations, New York has placed him in a situation where he can thrive.
Finally, the addition will bolster New York's run game.
The 2012 offseason has found the Jets looking thin coming out of the backfield.
With LaDainian Tomlinson unlikely to return, their only proven threat is running back Shonn Greene. The Jets can help mitigate this weakness by relying on Tebow's running skills in special situations.
Of course, the move may well be one of the Jets' worst ever.
It comes just two weeks after the organization gave Mark Sanchez a supposed vote of confidence by signing him to a three-year deal amidst doubts over his future in New York.
And the move comes after one of the Jets' most tumultuous seasons in recent years.
"Locker room discord" is an understatement for the deep tension that pried apart teammates as the Jets struggled through a disappointing season.
Sanchez's contract extension was drafted to throw unequivocal support behind the young QB, and in hopes of quieting the locker room sparring.
But the Tebow deal has completely unraveled that accomplishment.
Sanchez will enter the first year of his contract extension looking over his shoulder at a media sensation who could dethrone him.
To his credit, Sanchez has stepped up and played well in many of the highest pressure situations of his career.
But it remains to be seen whether the 10-12 plays per game Sanchez will sit out to make room for Tebow will light a fire up under No. 6 or leave him fuming.