According to Josina Anderson, the Denver coaching staff have indeed told their players that Tim Tebow will be the starting quarterback going forward, and Mike Klis has confirmed the news for the DP. Tebow will make his first start of the season in Miami on October 23rd following this week's bye.
Here's video of John Fox speaking about the change after practice today; more reaction from around the web after the break...
Doug Farrar says this move was as much about Orton's crappiness as anything, and that it's the right time.
Mike Freeman thinks Tebow is woefully unprepared for this moment.
Mark Kriegel figures Denver has nothing to lose by going with Tebow.
Jay Caspian Kang thinks the NFL would be better off with his star power were Tebow to become a success.
Page 2 is commemorating the occasion with a plaque!
Tebow is practicing today with the first team.
The Worldwide Leader's story on the change, plus video clips of noted self-promoters Skip Bayless and Merril Hoge reacting to the news.
Leave it to Williamson to proclaim that Kyle Orton's proverbial stock is falling. Guy truly has a feel for what's going on.