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It’s all about money and winning. From what I could tell, the team at Denver worked hard to get the win with Tebow at the helm.
I don’t understand why he isn’t on a roster.

This may offer something of an explanation:

Go back 18 months, though, and it's hard to fathom that we're at this place. During Tebow's run with the 2011 Broncos, [the Dallas] Cowboys -- no doubt among other teams -- would race into the locker room after games to check out Tebow highlights. "When you can captivate other NFL players, that's really saying something," [former QB Jon] Kitna says. Contrary to public perception, Tebow's Jets teammates were just as moved by him. Some still talk about the time he took on a lineman in a power-lifting contest and won. In friendly banter throughout last season, linebacker Bart Scott would call Tebow Baby Jesus, and Tebow would laugh and say, "Go sit in the cold tub, old man." Former Jet Darrelle Revis says he knew immediately upon meeting Tebow that the QB was a born leader.
But ask an NFC scout what he thinks of Tebow and the response is a gut punch: "He's not a quarterback. When you look at his run two years ago, when you watch the tape and break it down, he wasn't really doing anything that impressive. He's a tough guy, a great leader, a great person. But he isn't a good enough quarterback to have all the distractions that come with him."
In the end, this is the formula that ultimately doomed Tebow: Fatal flaws in his throwing mechanics and his cognitive understanding of the position left him as little more than a wildcat specialist, a No. 3 QB or a long-term project. Thanks to his athleticism, work ethic and leadership, that still meant he was an upgrade on at least a third of the rosters in the league -- after all, such QBs as Pat Devlin and Ricky Stanzi are currently on rosters. But in the minds of GMs, Tebow's potential payoff would never outweigh the billboards, the parking lots full of satellite trucks, the endless QB controversies or any of the other distractions and internal conflicts he brings with him. Like the mythical snake Ouroboros, Tebow has been devoured whole by his own success. "There's no going halfway with Tebow anymore," says former [Indianapolis] Colts coach Tony Dungy. "You either gotta sell out and give him the keys to your team or stay away. Because, unfortunately, there's too much attention for him to be a regular, developing backup like everyone else."
Inside the bunker mentality of NFL locker rooms, it doesn't matter whether a distraction comes from a church group or a strip club. All teams really care about is that for a few precious hours, the team's effort and focus are not diverted from the singular task of winning games. And while he appears to be a man of high character and principles, Tebow seems to have a blind spot for the steep level of humility required of a backup. He was fined repeatedly by the Broncos' kangaroo court for refusing to publicly censure supporters who erected a pro-Tebow billboard early in the 2011 season. "Tim's religion isn't a factor at all," Dungy says. "People don't care about your lifestyle off the field as long as you're performing every week. If he's getting blackballed, it's because backup quarterbacks are not supposed to be the focus, and if Tim's on your team, he's the sole focus. Nobody wants to be answering those questions all day long, every day, from the fans, media and teammates."
Certainly not about a QB whose ability makes him a third-stringer, tops, and not just because of his well-chronicled throwing issues. More troubling for potential employers is that Tebow struggled badly with the mental side of the game, according to a league source. At age 7, he was diagnosed with dyslexia, a learning disability that affects how he reads and processes information, such as a playbook or game plan. Tebow won a Heisman Trophy and two BCS titles and graduated from Florida with a 3.7 GPA. But he scored a below-average (for QBs) 22 on his Wonderlic test. As a kinesthetic learner, Tebow absorbs information better through using flash cards and hands-on repetitive experience than the traditional method of memorizing diagrams, notes and Polaroids from a playbook. That doesn't mean Tebow isn't smart or that he couldn't develop into a brilliant, quick-thinking quarterback. It just hasn't happened yet.
When the Broncos defense was on the field, offensive coaches would often tell Tebow the first series of plays they wanted to run when the team got the ball back. Tebow would nod, and they'd separate. And then, invariably, a short while later he'd ask for the information again. Sometimes this ritual would repeat right up until Tebow had to duck into the huddle and call the play. As a result, despite starting only 11 games in 2011, Tebow was flagged for delay of game an NFL-high seven times. Worse still was the fact that, according to scouts, Tebow almost never audibled because he struggled to quickly and properly read defenses. And of all the deadly sins Tebow committed against quarterbacking, this was the worst: lacking the self-awareness to recognize and fix these shortcomings. Maybe the most shocking part of Tebowmania isn't that he has been cast out of the NFL after just three years but that he lasted as long as he did.
The last place on earth he needed to be at this stage of his career was inside the Jets' dysfunctional fishbowl. But that's where Team Tebow chose last year when the Broncos grew weary of the circus and traded him.
On his first day of open practice as a Jet, Tebow was so bad that fans booed and heckled him and coaches feared, almost immediately, that he wasn't a legitimate option to replace Mark Sanchez. Yet that wasn't the breaking news from Jets camp that day. When it started to rain at the end of practice, Tebow took off his shirt and jogged across the field. Video of his buff, slow-motion trot instantly went viral. With his fans satiated, Tebow turned his attention to soothing his annoyed teammates. Showing that he could poke fun at himself, Tebow arrived shirtless to the next team meeting and remained that way for the entire session.
It was one of the greatest tricks Tebow ever pulled off.
No one remembers that he completed only three passes in practice that day.
---David Fleming, in ESPN: The Magazine, 10 June issue
Add in Tebow's continually poor throwing mechanics, which has resulted in a career completion percentage of 47.9 percent, and it's clear that his days as a starting quarterback in the NFL are likely over.
While Tebow may not be an NFL-caliber starting quarterback, he's certainly an NFL-caliber athlete. That's why is it somewhat of a surprise that Tebow can't find a spot with one of the 30 other NFL teams in the league who had 2,700 roster spots to fill this offseason. The list of possible teams for Tebow is whittled down by the eight teams who have new head coaches that would prefer to not invite the circus that accompanies Tebow to town while trying to implement their systems. Still, that leaves nearly 2,000 spots for Tebow, who remains unemployed.
It might take an injury during the preseason or training camp, Tebow accepting a move to a new position, or perhaps Tebow heading to the CFL for a year or two, but it's doubtful we've seen the last of Tebow in the NFL. The 25-year-old has too much left in his tank to hang up his cleats.
---Bryan McIntyre, Shutdown Corner (Yahoo! Sports)

My guess: it'll take a position shift for Tim Tebow to find another NFL job. From what I saw of him, the guy has a skill set suited far better to halfbacking (he can run, he can block, and he could---as many halfbacks do---line up as an extra wide receiver, which wouldn't hurt because he does have good hands) and on special teams (you could see him easily as a receiver on kickoffs or punts, where he could run you up into solid field position to start a drive).

But a guy who insists on playing a position to which he's that ill-suited isn't going to be employable (in the NFL or elsewhere) no matter how decent a human being he is otherwise. The most decent human beings on earth haven't always shaken out as the most competent athletes, performers, what have you, no matter what their abilities might be, and don't get me started on the talented head cases who don't shake out no matter how outsized their talents have been.