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

Pick Wiz ADD 12/8 - LIVE GAME on Thu, Dec 2016 by Michael Cash
Pick Wiz 12/8 2H Play on Thu, Dec 2016 by pickwiz
Pick Wiz 12/8 on Thu, Dec 2016 by Michael Cash
kc/oak update on Thu, Dec 2016 by Timmy1961
hey shark don,t like it how bout you on Thu, Dec 2016 by sharkey11

NFL Top Stories

Thumbnail Raiders vs. Chiefs Prediction Will the Raiders get their revenge on their AFC West rivals the Chiefs tonight on Thursday Night Football?
Thumbnail Vikings vs. Jaguars Pick The Minnesota Vikings hope to cure their offensive woes when they meet the Jacksonville Jaguars on Sunday at 1PM ET?
Thumbnail Titans vs. Broncos Pick Will the under cash when the Titans host the Broncos this Sunday at 1:00PM ET in Nashville?
Thumbnail Dolphins vs. Cardinals Pick After they were held in check by the Ravens last weekend in Baltimore, will the Dolphins' offense rebound on Sunday when they host the Cardinals?
Thumbnail Bears vs. Lions Pick Can the Detroit Lions take care of business at home on Sunday when they host the Chicago Bears, or are they set for a...

NFL Team Pages