Tim Tebow

The Green Bay Packers interest in Denver Broncos quarterback Tim Tebow is legitimate, according to Jason Wilde.

While it may not lead to anything, and teams with more fervent interest may act more quickly than methodical Green Bay Packers general manager Ted Thompson, an NFL source said Tuesday night that the Packers are legitimately interested in Denver Broncos quarterback Tim Tebow and are doing their due diligence on him after the Broncos made it known that they plan to trade the former starter.

The Broncos are looking to trade Tebow after signing Peyton Manning, but before you get ready for the Christian circus to come to town, consider these things.

The Jacksonville Jaguars and New York Jets are also in the mix and at least appear to be pursuing Tebow more fervently. Tebow is from Jacksonville and has said he prefers to play in Florida. Jacksonville is also the only situation where Tebow would have a chance to start and it appears the Broncos will do everything they can, short of taking a lesser offer, to accommodate Tebow’s wishes.

The second item to consider is the asking price for Tebow has reportedly risen to a third-round pick. There was an initial report Tebow could be had for a fifth-rounder. It’s tough to see the Packers giving up a third-rounder for a backup quarterback who isn’t even that good.

The final problem is Tebow’s salary. While he’s scheduled to make a modest $1.1 million this season, his contract is scheduled to pay him $6.055 million in 2013 and $7.145 million in 2014. Those final two numbers are way too much to pay a backup.

So, while the Packers may be sniffing around Tebow, it looks pretty unlikely they’ll make the trade.