He is scheduled to have surgery Tuesday and is now likely out for the season, per Schefter.
The Mets prospect and former Heisman Trophy winner is batting .273 with six homers for the Binghampton Rumble Ponies, the Mets Double-A affiliate. Prior to his injury, Tebow was batting .340 in the month of July, the best monthly batting average of his minor league career.
Tebow played in the Eastern League All-Star Game earlier this month. He is in his second season as a minor leaguer.