Denver Broncos have agreed to trade quarterback Tim Tebow to the New York Jets following Peyton Manning's arrival.
Manning joined the Broncos this week and the franchise have secured a trade with the Jets for 24-year-old Tebow.
Tebow has been traded for a fourth-round draft pick, according to Fox News.
The move has come as a surprise to many after Tebow's impressive performances last season helped the Broncos win the AFC West title.
Tebow will now compete with Mark Sanchez for the starting quarterback berth at the Jets.