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.

NFL Top Stories

Thumbnail Raiders vs. Bucs Pick Will the Raiders and Bucs light up the scoreboard this Sunday when the two teams clash at 1:00PM ET?
Thumbnail Seahawks vs. Saints Pick Will it be a great offense or a great defense that stands tall when the New Orleans Saints host the Seattle Seahawks on Sunday at 1PM...
Thumbnail Patriots vs. Bills Pick With LeSean McCoy banged up, is the under the play on Sunday when the Bills host the Patriots at 1:00PM ET?
Thumbnail Redskins vs. Bengals Pick The Washington Redskins and Cincinnati Bengals meet up in London this Sunday at 9:30AM ET. Will the two put on a...
Thumbnail Jaguars vs. Titans Picks With Blake Bortles struggling, will the Jaguars and Titans play under the total for bettors on Thursday night this week?
More inNFL Articles  

NFL Team Pages