NEW YORK (AP) -The New York Jets have restructured Laveranues Coles' contract, allowing the veteran wide receiver to become an unrestricted free agent when the signing period begins Friday morning.
Coles, 31, was heading into the final year of his contract, but was looking for a long-term deal. Because of the compromise Wednesday between the sides, the Jets are off the hook for the guaranteed $6 million Coles was due this upcoming season.
Coles caught 70 passes for 850 yards and seven touchdowns in his second tour with the Jets. He was a third-round pick by New York in 2000 and played two seasons before signing as a free agent with Washington. After two years with the Redskins, Coles was traded to the Jets before the 2005 season.

Recent NFL Discussions

Football and Basketball Newsletters on Wed, Jan 2017 by Blade
Public buries sports books on Tue, Jan 2017 by Timmy1961
Pick Wiz Play 1/15 on Mon, Jan 2017 by Michael Cash
2nd half play ne/hou on Mon, Jan 2017 by Strakey
NFL Championship Betting News and Notes on Mon, Jan 2017 by Blade

Top NFL Public Bets

Advertisement

NFL Top Stories

Thumbnail Updated NFL MVP Odds Heading into Championship Sunday, Matt Ryan is a clear favorite to take home this season's NFL MVP Award.
Thumbnail Championship Sunday Vegas Spreads How do Las Vegas oddsmakers view this weekend's championship games in the NFL?
Thumbnail Updated Super Bowl LI Betting Odds And then there were four. What are the odds of the four remaining teams to win this year's Super Bowl?
Thumbnail Pats Open as 6-Point Faves vs. Steelers The Patriots will host the Steelers in the 2017 AFC Championship Game and have opened as nearly touchdown favorites for next Sunday's...
Thumbnail Falcons open as favorites vs. Pack The Falcons will host the Packers in the 2017 NFC Championship Game, where Atlanta has opened as a small favorite.

NFL Team Pages