Nov. 22, 2012; East Rutherford, NJ, USA; New York Jets quarterback Tim Tebow (15) and New England Patriots quarterback Tom Brady (12) wave to each other after the game on Thanksgiving at Metlife Stadium. Patriots won 49-19. Mandatory Credit: Debby Wong-USA TODAY Sports

Tim Tebow officially signed on as the newest member of the New England Patriots today (I’d hate to be the guy that gets cut for that roster move) and the details are beginning to surface surrounding his contract. The deal is for two-years and it contains zero guaranteed dollars. ESPN’s Adam Schefter shared the details on Tuesday morning:

Tim Tebow signed a two-year contract with the Patriots that included no guaranteed money.

— Adam Schefter (@AdamSchefter) June 11, 2013

It shouldn’t come as a surprise that the deal has no guaranteed money, because the Patriots were likely only bidding against themselves and Tebow’s only other option would have been to play for the Omaha Beef.

For the Patriots, it is a no-brainer. Tebow is not going to be a Wildcat quarterback in this system, so if he just can’t hack it as a back up, then the team can part ways with Tebow without any financial implications. If he can be a solid quarterback, then Tommy and Timmy Terrific can be a dynamic duo. At least for the tabloids.