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Tim Tebow Press Conference LIVE: Jets Announce Signing Of Backup QB (VIDEO)

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Less than a week after the Denver Broncos announced the signing of four-time MVP Peyton Manning, the New York Jets are holding a press conference to announce the signing of the quarterback who led the Broncos to the Divisional Round of the playoffs, Tim Tebow.. as their backup.

Shortly after the Broncos reeled in Manning following his release from Indianapolis, Denver traded Tebow and a seventh-round draft pick to the Jets for a fourth- and sixth-round pick. Well, Denver traded him, then there was a slight complication, then the two teams agreed to the deal again.

Because the approval of the deal had to wait until Saturday due to a technicality in Tebow’s contract, the Jets scheduled an introductory press conference for Monday at noon ET.

Scroll down to watch the live feed.

WATCH: (VIDEO VIA CBS NEW YORK)

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