ENGLEWOOD, CO -- Tim Tebow has agreed to a contract with the Denver Broncos.

The two-time national champion from Florida and 25th pick in the
NFL draft missed the first three workouts for rookies and selected
veterans while his agent, Jimmy Sexton, and general manager Brian
Xanders hammered out a deal.

ESPN has reported the deal is worth $33 million over five years
with $8.7 million guaranteed.

Tebow is expected to practice Friday morning, the final session
before training camp begins Sunday with a full squad.

The signing of Tebow leaves top pick Demaryius Thomas, a wide
receiver out of Georgia Tech, as the only unsigned member of
Denver's draft class.