I think they fail. I think it doesn't work. I think Jensen is fired and that Jared is demoted from starter and it becomes obvious that the Cowboys want to get rid of him. (Well, i don't know his contract situation. Maybe they just don't resign him.) It's not just because of homophobia, it's because they lied lied lied their asses off before coming clean.
And I think I love this. They are sad because they love football, but they are also free and together. And after a couple years, someone else hires Jensen to be their QB coach, or maybe he goes to work for a college team (he could come here to Michigan!) and then Jared gets a job at ESPN.