NEW YORK (AP) -- Tim Tebow has cleared waivers a day after being let go by the New York Jets, making the quarterback a free agent who's allowed to sign with any NFL team.
Tebow was waived Monday after an unproductive season with the Jets, leaving his NFL future uncertain. It was expected he would clear waivers since a team would have had to pick up the remainder of Tebow's contract, about $1.9 million over the next two seasons.
The Jets must still pay the Broncos, from whom they acquired Tebow in March 2012, $1.53 million as a result of the trade agreement.
It's uncertain if any NFL team will give Tebow an opportunity for next season, but two indoor league teams have offered him a job.