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Jets get Tebow; Sean Payton suspended (FA Frenzy Open Thread)

Jason La Canfora ‏ @JasonLaCanfora
Jets give up a 4th and 6th round pick in exchange for Tebow and a 7th round pick

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Adam Schefter @AdamSchefter
Sean Payton suspended one year. Mickey Loomis 8 game and $500,000 fine. Saints fined $500,000 and a second round pick in 2012 and 2012.

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Brad Biggs ‏ @BradBiggs
#Rams will not have DC Gregg Williams when #Bears play them this year. He's been suspended indefinitely by NFL.

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Stay tuned for more information as it breaks. And remember, open thread responsibly.

Mike Wilkening ‏ @mikewilkening
Per NFL, #Saints placed bounties placed on 4 QBs -- Brett Favre, Cam Newton, Aaron Rodgers, Kurt Warner.

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UPDATE - DE Mark Anderson close to signing with the Bills