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Associated Press
FILE - In this Jan. 14, 2012 file photo, San Francisco 49ers quarterback Alex Smith (11) crosses the goal line for a touchdown against the New Orleans Saints in the fourth quarter of an NFL divisional playoff football game, in San Francisco. A person with knowledge of the negotiations says quarterback Alex Smith and the San Francisco 49ers have agreed to terms on a three-year contract that will pay him $8 million per season with $16.5 million guaranteed. The person spoke on condition of anonymity Wednesday morning, March 21, 2012, because no announcement had been made. (AP Photo/Marcio Jose Sanchez, File)

The Broncos and the Jets have completed a trade to send quarterback Tim Tebow to New York.

The deal hit a snag earlier Wednesday when the Jets apparently balked at repaying Denver more than $5 million for a salary advance due Tebow. ESPN reported that the two sides had agreed to split that cost.

The Broncos also will receive fourth- and sixth-round draft picks, while New York gets a seventh-rounder — all in 2012 — as agreed to in the initial deal.

Denver started shopping Tebow after signing Peyton Manning, and the Jets were considered a long shot as late as Tuesday night. But New York went after Tebow, envisioning him as a versatile complement to starter Mark Sanchez, who received a $40.5 million contract extension, with $20.5 million guaranteed, earlier this month. The Jets also had pursued Manning.

INSTANT REPLAYS RULES MAY CHANGE: The NFL owners will get proposals to eliminate referees from instant replay reviews and expand what the booth official rules on, and also to allow a player to return during the season from the injured reserve list. The league's competition committee, prompted by the Buffalo Bills, will propose having the booth official make all decisions on replay reviews. He also would be allowed to review all turnovers just as he now reviews all scoring plays.

RG3 SIGNS WITH REDSKINS: The Washington Redskins have announced the signing of one RGIII while looking at another. The Redskins said Wednesday that Rex Grossman has signed his one-year contract to return to the team. Grossman agreed to the deal last week. Grossman — full name Rex Daniel Grossman III — has said he expects to spend the season tutoring a rookie quarterback, likely Heisman Trophy winner Robert Griffin III. The Redskins are expected to take Griffin with the No. 2 overall pick in the draft.

BILLS PICK UP ANOTHER D-LINEMAN: First, Mario Williams. Now, Mark Anderson. The Buffalo Bills weren't kidding when suggesting how much they wanted to improve the pass rush this offseason. Making their second significant free-agent splash in less than a week, the Bills on Wednesday signed Anderson to a four-year contract potentially worth $27 million. It includes $8 million guaranteed. The defensive end is a sixth-year player who had 10 sacks with the New England Patriots last season.

FORMER PATRIOTS COACH DIES: Ron Erhardt, the offensive architect of the New York Giants' two Super Bowl titles under Bill Parcells, has died. He was 80. The Giants announced that the one-time head coach of the New England Patriots and the long-time NFL offensive coordinator died in Boca Raton, Fla. on Wednesday morning.

LAW FIRM MOVES TO CINCY: A person familiar with the negotiations says former Patriots running back BenJarvus Green-Ellis has agreed to a deal with the Cincinnati Bengals, who need someone to replace Cedric Benson. The Bengals are expected to announce the signing today after final details are completed, said the source speaking on condition of anonymity because the club hadn't confirmed it.

SAINTS SIGN TACKLE: The New Orleans Saints and free agent defensive tackle Brodrick Bunkley have agreed on a five-year contract. Bunkley spent last season with the Denver Broncos, appearing in all 16 regular season games and starting 13.

PATS PICK TWO: The New England Patriots signed cornerback Will Allen and offensive lineman Robert Gallery on Wednesday night. Terms of the deals were not disclosed.

Alex Smith back with Niners

No hard feelings on Alex Smith's part that the San Francisco 49ers pursued Peyton Manning.

In the end, Smith is right back where he expected to be all along — with the only franchise he has ever known.

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The free agent quarterback signed his three-year deal with the 49ers at last on Wednesday. It will pay him $8 million per season with $16.5 million guaranteed, according to a person with knowledge of the contract.

The person, who spoke on condition of anonymity Wednesday because the contract details weren't made public, said Smith's deal can pay him up to $33 million.

Smith signed at team headquarters a day after Manning was formally introduced in Denver after the 49ers pursued the four-time NFL MVP. San Francisco coach Jim Harbaugh worked out Manning at Duke last week.

— Associated Press