The team released the 2007 Heisman Trophy-winning quarterback on Saturday, NFL.com reports.
"I would like to thank Mr. Kraft, Coach Belichick, Coach McDaniels and the entire Patriots organization for giving me the opportunity to be a part of such a classy organization," Tebow tweeted. "I pray for nothing but the best for you all. I will remain in relentless pursuit of continuing my lifelong dream of being an NFL quarterback."
Tebow was signed in June but after an underwhelming preseason, the Patriots cut the quarterback from his third team in 18 months. With the regular season only five days away, it's unlikely Tebow will find a home in the NFL this year.