I know it's seems silly, but I really think it comes down to trying to move him via trade to save cap space. Tebow is on the books for $2.6 million in 2013. Should they cut him, they save about a million dollars, should they trade him, they save most of that full cap figure. It doesn't seem like much, but when the Jets are pinching pennies with potential starters like OLB Antwan Barnes, then we have to expect that they are going to do everything they can to save all the cap space they can for the 2013 season.
But just because the Jets want to trade Tebow doesn't mean they will be able to do so. This meeting in Phoenix might represent one of the last best chances between now and the draft to move Tebow. The foregone conclusion is that there is zero chance that Tebow returns with the Jets in 2012. Based on the way Rex Ryan avoided (like the plague) playing #15 at quarterback, it's hard to imagine that they would bring him back if the team's coach doesn't think him competent to play his own position. Maybe the Jets will shock the world and have come up with plans to actually let him compete for the starting job in 2013, but it seems so far-fetched at this point. Sooner or later the team will cut him, but they sure are taking their time to do so.