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Broncos Get Tebow Signed To Five-Year, $33 Million Contract

Tim Tebow is officially in the NFL.

The Broncos on Thursday agreed to terms on a five-year, $33 million contract, according to Michael Lombardi of NFL Network. Other reports are characterizing it as an $11.25 deal but the $33 million number is the maximum worth.

The deal includes $8.7 million guaranteed.

Tebow now makes his way to his first training camp with the Broncos.

Check out Mile High Report for more news on the Tim Tebow contract and stay here for more on the NFL draft pick signings.