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Tim Tebow released from Jets. Is Tebow time over? (+video)

'Tim Tebow released' is the news the football world knew had to be coming after the New York Jets drafted a quarterback Saturday. Going forward, however, neither Tim Tebow nor the Jets seem to have a lot of good options.

Jets release Tim Tebow
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In most cases, a third-string quarterback getting cut from an NFL roster following the draft isn’t really news. Tim Tebow, of course, is different.

The New York Jets finally, mercifully, released Tebow Monday morning, after drafting West Virginia quarterback Geno Smith in the early part of the second round Saturday night. Depending on how you feel about Smith’s prospects, the Jets seem to be making stockpiling mediocre quarterbacks the franchise’s second sport: After drafting Smith and acquiring veteran David Garrard in free agency, New York was six-deep at quarterback. With Tebow gone, they’re down to five.

“We have a great deal of respect for Tim Tebow,” coach Rex Ryan told ESPN. “Unfortunately, things did not work out the way we all had hoped. Tim is an extremely hard worker, evident by the shape he came back in this offseason. We wish him the best moving forward.”

Tebow can be claimed off the waiver wire by another team at 4 p.m. today. His time in New York cost the Jets a fourth-round pick and $1.5 million in salary, plus $2.5 million they had to pay the Broncos as part of the trade.

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