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Contract Details
Tim Tebow's contract includes base salaries of $630,000 (2012) and $730,000 (2013)

Tebow can earn up to $2 million in playing-time incentives in 2014, according to a person who has reviewed the details of the contract.

The person, who spoke to USA TODAY Sports on condition of anonymity because the financial terms weren't to be disseminated publicly, said Tebow will earn the full $2 million only if he's on the field for 80% of the offensive snaps and the Patriots win 10 games or make the postseason.

Tebow will earn $500,000 if he participates in 60% of the plays in 2014, $1 million for 70% or $1.5 million for 80% of the plays without reaching the playoffs or winning 10 games.

Assuming Tom Brady stays healthy, Tebow's best chance at hitting those incentives would be his playing somewhere other than quarterback. There are no playing time incentives this year for Tebow, meaning he'll earn the same amount as a backup quarterback than he would earn as a contributor elsewhere.

Tebow is scheduled to earn a base salary of $630,000 this season. That salary has a "split" rate of $358,000 if he lands on injured reserve, meaning he'll be paid the lower rate for all weeks he's on IR. Tebow's 2014 base salary is $730,000, with a split rate of $398,000.

Including the $25,000 workout bonus next year, the maximum value of the contract is $3.385 million over two years. The base value (minus incentives) is $1.385 million.

And again, the minimum value if he's released before making the 53-man roster this year is $0.

Full details of Tim Tebow's contract

He is making a 3/year Vet's minimum at 630k