http://twitter.com/Adam_Schefter/statuses/19859743191
Tim Tebow agrees to 5 year, $33 million deal that includes $8.7 million guaranteed.
Sources: Tebow signs 5-year deal* Email
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Tim Tebow is a signed, sealed and delivered member of the Denver Broncos.
Tebow, the 25th-overall selection in April's draft, signed a five-year, $11.25 million contract with $8.7 million guaranteed, sources told ESPN NFL Insider Adam Schefter.
According to the source, the contract's max value is $33 million.
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The two-time national champion from Florida missed the first three workouts for rookies and selected veterans while his agent, Jimmy Sexton, and general manager Brian Xanders hammered out a deal.
Tebow is expected to practice Friday morning, the final session before training camp begins Sunday with a full squad.
Tebow's deal is an 18.5 percent increase over the contract last year's No. 25 pick, Miami Dolphins cornerback Vontae Davis, signed.
The signing of Tebow leaves top pick Demaryius Thomas, a wide receiver out of Georgia Tech, as the only unsigned member of Denver's draft class.
