As reported by Espn’s Adam Shefter:

Filed to ESPN (1): Denver and Jets have encountered hangup in language in Tim Tebow’s contract that could nullify trade.

— Adam Schefter (@AdamSchefter) March 21, 2012

(2) If the Tebow trade to Jets falls apart, St. Louis could wind up getting back into play. Sides sorting through details.

— Adam Schefter (@AdamSchefter) March 21, 2012

 

Shefter goes on to say that the Jets may have to pay the Broncos $5 million worth of “recapture language.” A sum the Jets may not be willing to spend.

The other teams believed to be interested in Tebow are the Packers, Jaguars, Patriots, Rams and Dolphins.