Tim Tebow Signs With The Denver Broncos, $33 Million Deal

Omar BrownCorrespondent IJuly 29, 2010

ENGLEWOOD, CO - APRIL 23:  Tim Tebow is introduced by the Denver Broncos at a press conference at the Broncos Headquarters in Dove Valley on April 23, 2010 in Englewood, Colorado. The Broncos picked Tebow in the first round of the 2010 NFL draft.  (Photo by Doug Pensinger/Getty Images)
Doug Pensinger/Getty Images

Tim Tebow and the Denver Broncos agreed to terms of a five-year, $33 million deal, including $8.7 million guaranteed.

Tim Tebow was the 25th selection of the 2010 NFL Draft.

The 25th selection of the 2009 NFL Draft, former Illinois Fighting Illini Vontae Davis cornerback of the Miami Dolphins, signed a 5-year $13.3 million deal, with $7.35M guaranteed.

Tebow's agent, Jimmy Sexton, was reportedly seeking more money for his client, than the Dallas Cowboys gave to WR Dez Bryant, who was the 24th overall pick.

Well as you can see Sexton did just that and more. $21 Million dollars more. WOW

Early reports predicted Tebows contract would be worth about $12 million with roughly $8 million guaranteed.

Dez Bryan who was picked just one selection ahead of Tebow only managed to make $11.8 million deal that includes $8.5 million in guaranteed over five years.

Former Georgia tech Demaryius Thomas, remains the sole rookie from the Broncos 2010 draft class who did who has yet to sign.

I'd hate to think Thomas' agent would make an attempt to trump the premium the former Florida Gator received, due to being selected 3 positions in the draft ahead of Tebow.

Tebow is considered by many to be arguably the greatest football player to ever play at the collegiate level.

Quarterbacks tend to get paid a premium, and when you are the most decorated quarterback in college football history that premium can get jacked up even more as we have certainly seen today. 

The premium paid for Tebow is escalated even further when you consider the fact that the Broncos gave up 3 draft selections to move up from the second-round of the draft into the first-round.

The trade was made with the Baltimore Ravens who possessed the 25th selection. Broncos gave up their second-round selection No.43, Third-round selection No. 70 and fourth-round selection No. 114 for Tim Tebow.

"I definitely want to repay Coach McDaniels for the faith he showed in me," Tebow said after being drafted. "I want to be a great quarterback, I want to pursue that. I've wanted to be a quarterback in the NFL for a great many years. That's my goal and has been my goal since I was 6 years old,” Tebow said.

“I'm thankful to Coach McDaniels for having the strength and the voice in me, to choose me and to believe in me. I'm just thankful for that and obviously I do, for the next few years, repay him for what he did for me and believing in me.”

Well It looks like you are well on your way Tim. Congratulations, you certainly are a truly blessed man.