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Report: Tim Tebow will sign with Eagles Monday

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Tebow's returning to the NFL, and he has a shot to make the team.

Howard Smith-USA TODAY Sports

Free agent quarterback Tim Tebow has agreed to terms on a one-year deal with the Eagles, according to multiple reports.

Tebow is expected to officially sign with Philadelphia on Monday before the team begins its offseason program, according to ESPN's Adam Schefter.

Tebow worked out for the Eagles last month and will now get a chance to compete for a roster spot during training camp this summer. He is joining a crowded Philly depth chart, but he does have a chance to make the team.

The Eagles already have Sam Bradford, Mark Sanchez, Matt Barkley, and G.J. Kinne on the roster, but they tried to trade Barkley before signing Tebow. Bleeding Green Nation's Brandon Gowton believes the Tebow signing may be a sign of Barkley's days being numbered in Philly.

As a potential third string quarterback, Tebow may have value as a two-point conversion specialist, especially if the NFL decides to move conversion tries to the one-yard line next month.

And, as Jason La Canfora noted, if the NFL does not move conversion tries and Tebow has a bad camp, Philly can cut him and move on with little to no financial consequences.

Tebow entered the NFL with the Broncos as a first round draft pick in 2010 but hasn't played in a regular season game since 2012. He went to camp with the Patriots in 2013, but was cut before the regular season.

Tebow has spent the last two years training with quarterback guru Tom House and working as an analyst for ESPN's SEC Network. He will turn 28 in August.