But the Jets backup quarterback said he was more concerned about making sure the word was used the right way than making a buck off it.
Tebowing, his kneeling in prayer that became a celebration last year when he was with the Broncos, quickly became a pop-culture phenomenon.
According to Jane McManus of ESPNNewYork.com, Tebow finally won out over two fans who applied to own the term.
“I know it was something that was cool for me in the past, but it’s not something I do as ‘Tebowing,’ ” Tebow said. “It’s something I do that’s prayer for me and then it got hyped up as Tebowing. So I think [it's] just to control how it’s used as well. Make sure it’s used in the right way.”
Paperwork was filed in April, and the trademark was awarded earlier this month.
He said if he ever used the term for commerical gain, he’d donate the proceeds to his foundation.