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Tim Tebow completed 58.6 percent of his passes in the preseason. USA Today Sports

Despite a positive performance in the final preseason game of the year, Tim Tebow was cut by the Philadelphia Eagles on Saturday. It was yet another setback for the former Heisman Trophy winner, who has not played a regular-season game since 2012 and had previously failed to make the roster of the New England Patriots in 2013.

The Eagles instead claimed former Jacksonville Jaguars quarterback Stephen Morris on waivers after previously trading Matt Barkley to the Arizona Cardinals.

“We just felt like Tim's really progressed, but we didn’t feel he was good enough to be the (No.) 3 right now,” Eagles head coach Chip Kelly said in a press conference.

Kelly, who stated that he felt Tebow had improved his throwing motion from past years, also offered the 28-year-old some advice about restarting his NFL career.

"I talked to him a little earlier today when we released him. I think he just needs to get more playing time," Kelly said. "He needs to get out there and get actual reps. Because I think he has done a ton on his own from an individual basis, but it is about playing the game and taking that next step and playing in a game."

A reporter followed with a question on whether Tebow could have been used on short-yardage situations, and Kelly quickly deflected.

"We looked at everything, and then we made the best decision on what we had to do for the Eagles," Kelly said.

It's unclear if Tebow can make enough of an impact in the Canadian Football League to find his way back to the NFL. In the last eight years, there have been four CFL quarterbacks who were named Most Outstanding Player, and none of them moved on to the NFL. The last quarterback to be named MOP in the CFL and return to the NFL was Doug Flutie.