Tim Tebow officially cleared waivers on Tuesday, going unclaimed by 31 NFL teams.

Tebow was waived by the New York Jets on Monday.

The Jets owe the Denver Broncos $1.53 million for the salary advance given to Tebow in 2011.

Tebow will become a free agent.

The New york Jets have released Tim Tebow.

The Jets traded for Tebow last offseason, sending a third round pick to the Denver Broncos.

"We have a great deal of respect for Tim Tebow," Rex Ryan said in a statement. "Unfortunately, things did not work out the way we all had hoped. Tim is an extremely hard worker, evident by the shape he came back in this offseason. We wish him the best moving forward.”

The Jets cleared about $1 million in salary cap space by releasing Tebow.

General manager John Idzik tried to trade Tebow for the past few months.

The Raiders have waived linebacker Rolando McClain less than three years after drafting him eighth overall, according to an ESPN.com report on Friday.

McClain is the third player drafted in the top 10 by Al Davis to be let go so far this offseason by second-year GM Reggie McKenzie. Michael Huff and Darrius Heyward-Bey were cut last month.