124 Posted March 28, 2008 Share Posted March 28, 2008 Rather than giving Coles extension, Jets guarantee rest of contract By Pat Yasinskas ESPN.com The New York Jets have guaranteed the $11 million remaining on the final two years of receiver Laveranues Coles' contract, a league source said Friday. Coles had been seeking a contract extension, but guaranteeing the remaining two years is an apparent compromise between the team and the receiver. Coles had been critical of the Jets earlier in the offseason for spending money on players from outside and not taking care of players already on the team. The Jets were one of the most active teams in the NFL's free agency period, signing left guard Alan Faneca, defensive tackle Kris Jenkins, defensive end/linebacker Calvin Pace and right tackle Damien Woody to big-money deals. In total, the team doled out approximately $142 million for the four players -- $74 million of it guaranteed. Coles, 30, has been a team captain and is one of the most respected leaders in the Jets' locker room. He appeared in 12 games last season, catching 55 passes for 646 yards with six touchdowns. Coles caught 91 passes for 1,098 yards in 2006. Coles spent the first three years of his career with the Jets and returned to the team in 2005 after a two-year stint with Washington. The Jets are coming off a 4-12 season under second-year coach Eric Mangini and general manager Mike Tannenbaum. The team made the playoffs as a wild-card team in the first season of the new Jets regime. Pat Yaskinskas covers the NFL for ESPN.com Link to comment Share on other sites More sharing options...
rillo Posted March 28, 2008 Share Posted March 28, 2008 I thought they already did this? Gave him the two years upfront (11mil). This better not turn ugly! Link to comment Share on other sites More sharing options...
Sperm Edwards Posted March 28, 2008 Share Posted March 28, 2008 YES!!! He can be released/traded next year if needed. If he wants out when that time comes, he'll release the Jets from their guarantee of the 2009 salary. Now draft a WR to take over in '09 or '10. Link to comment Share on other sites More sharing options...
124 Posted March 28, 2008 Author Share Posted March 28, 2008 I thought they already did this? Gave him the two years upfront (11mil). This better not turn ugly! No, this was offered to Coles but at first he turned it down. Supposedly he is now accepting it and the Jets can now cut him at anytime or possibly Coles is planning to seek a trade. Link to comment Share on other sites More sharing options...
joiseyjet Posted March 28, 2008 Share Posted March 28, 2008 This is what the JETS had offered to him before his Pi$$ing & moaning & he decided not to attend the first few Voluntary practices ,so why didn`t he agree to this back then? Link to comment Share on other sites More sharing options...
SayNoToDMC Posted March 28, 2008 Share Posted March 28, 2008 I can't wait to hear Coles err I mean "Anonymous Jets Veteran" bitch all off season, but this makes me so much happier then extending the prick long term. Now we can try to pick up a real #1 WR in the draft, thank god. Link to comment Share on other sites More sharing options...
drago Posted March 28, 2008 Share Posted March 28, 2008 YES!!! He can be released/traded next year if needed. If he wants out when that time comes, he'll release the Jets from their guarantee of the 2009 salary. Now draft a WR to take over in '09 or '10. too bad this isn't a receiver heavy draft. It looks more and more like our second rounder will go to a receive (too bad too, because we could realy shore up this O-line if we could use the pick on a tackle). If only we could trade down from the sixth, or from our second rounder.... Link to comment Share on other sites More sharing options...
aec4 Posted March 28, 2008 Share Posted March 28, 2008 YES!!! He can be released/traded next year if needed. If he wants out when that time comes, he'll release the Jets from their guarantee of the 2009 salary. Now draft a WR to take over in '09 or '10. Not so fast. It is possible his salary was guaranteed by signing bonus of 9M or whatever 11M - (Minimum Salary * 2 ) is .... Then you'd have to get him to pay BACK the signingbonus to get the cap space back.. yeah right. Link to comment Share on other sites More sharing options...
NYDreamer Posted March 28, 2008 Share Posted March 28, 2008 COLES DEAL A GUARANTEE, NOT AN EXTENSION? Posted by Michael David Smith on March 28, 2008, 11:59 a.m. Although all reports indicate that wide receiver Laveranues Coles is no longer unhappy to be a Jet, there are now conflicting reports about what kind of deal the player and the team have reached to make Coles happy. Mark Cannizzaro of the New York Post reported early this morning that Coles agreed to an extension and had either two or three years added to his contract. Wrote Cannizzaro of the extension, Link to comment Share on other sites More sharing options...
rillo Posted March 28, 2008 Share Posted March 28, 2008 No, this was offered to Coles but at first he turned it down. Supposedly he is now accepting it and the Jets can now cut him at anytime or possibly Coles is planning to seek a trade. O ok Thanks for the info. Link to comment Share on other sites More sharing options...
mudcat21 Posted March 28, 2008 Share Posted March 28, 2008 and the Jets can now cut him at anytime or possibly Coles is planning to seek a trade. Why would they cut him if they just guarenteed his salary for two years? Bad precedent by the Jets. Now everyone will want guarenteed contracts. Link to comment Share on other sites More sharing options...
SayNoToDMC Posted March 28, 2008 Share Posted March 28, 2008 Why would they cut him if they just guarenteed his salary for two years? Bad precedent by the Jets. Now everyone will want guarenteed contracts. Everyone already does, why wouldn't they............ Link to comment Share on other sites More sharing options...
Favorite_Toon Posted March 28, 2008 Share Posted March 28, 2008 [When speaking about coles..one has to think whatevr happen his best friend peter warrick?? out of the two warrick looked better..then there was the whole shop lifting thing with them two... coles took the blame.. Link to comment Share on other sites More sharing options...
PeterNorth09 Posted March 28, 2008 Share Posted March 28, 2008 I just hope this whole thing gets resolved. The Jets don't really have a replacement ready unless they trade the #6 pick for Chad Johnson and I don't see that happening. Link to comment Share on other sites More sharing options...
SeniorFlaJet Posted March 28, 2008 Share Posted March 28, 2008 On NFL Live they have also confirmed that the deal was guaranteeing the 11 million over the next two years. Link to comment Share on other sites More sharing options...
4HCrew Posted March 28, 2008 Share Posted March 28, 2008 so I am guessing he will play his a$$ off this year and then next year hold out or demand to be traded. Link to comment Share on other sites More sharing options...
bobbyjet69 Posted March 29, 2008 Share Posted March 29, 2008 Why would they cut him if they just guarenteed his salary for two years? Bad precedent by the Jets. Now everyone will want guarenteed contracts. Listen! If Sperm says it's a good deal, THEN IT"S A GOOD DEAL!! ok, back to the babbling. Link to comment Share on other sites More sharing options...
Sperm Edwards Posted March 29, 2008 Share Posted March 29, 2008 so I am guessing he will play his a$$ off this year and then next year hold out or demand to be traded. Fine with me. Gives us a year to draft someone & then he doesn't need to start as a rookie. If Coles wants out, he'll have to let the Jets out of the guaranteed $ for 2009; fair's fair. While I'm not a fan of holdouts in general, it's at least tolerable or understandable when the guy is entering the last year of his deal (particularly if it's a rookie deal where the player's not being paid much yet). But when there's still a couple of years left, and he's been paid well and is still being paid well, then it falls on deaf ears to most fans. Particularly when it's a team captain calling the FO a bunch of lying scumbags in so many words. Link to comment Share on other sites More sharing options...
jack48 Posted March 29, 2008 Share Posted March 29, 2008 YES!!! He can be released/traded next year if needed. If he wants out when that time comes, he'll release the Jets from their guarantee of the 2009 salary. Now draft a WR to take over in '09 or '10. Is it possible the Jets did this to make Coles agreeable to a trade? Now the team he goes to will not have to pay this jerk a signing bonus. They know what they are getting money wise. Link to comment Share on other sites More sharing options...
Irish Jet Posted March 29, 2008 Share Posted March 29, 2008 I'm glad we're keeping him. It would have been very ugly to lose him and have no one there to step up and take his place like the Pete Kendall situation. I'm pleased that it's seemingly sorted. Link to comment Share on other sites More sharing options...
Lil Bit Special Posted March 29, 2008 Share Posted March 29, 2008 Listen! If Sperm says it's a good deal, THEN IT"S A GOOD DEAL!! ok, back to the babbling. I must agree. All Hail Sperm! Link to comment Share on other sites More sharing options...
Irish Jet Posted March 29, 2008 Share Posted March 29, 2008 Sperm is overated. There I said it. Link to comment Share on other sites More sharing options...
Lil Bit Special Posted March 29, 2008 Share Posted March 29, 2008 Sperm is overated. There I said it. How can you say that??? Its the official beverage of Jetnation! Link to comment Share on other sites More sharing options...
Arsis Posted March 29, 2008 Share Posted March 29, 2008 Sperm is overated. There I said it. What, you just can't get past the taste? Link to comment Share on other sites More sharing options...
Sperm Edwards Posted March 29, 2008 Share Posted March 29, 2008 Sperm is overated. There I said it. How can you say that??? Its the offical beverage of Jetnation! potw nom Link to comment Share on other sites More sharing options...
Lil Bit Special Posted March 29, 2008 Share Posted March 29, 2008 What, you just can't get past the taste? He likes the taste. he doesnt like his eyes stinging. Link to comment Share on other sites More sharing options...
Arsis Posted March 29, 2008 Share Posted March 29, 2008 I'm happy this whining prick didn't get his extension. Link to comment Share on other sites More sharing options...
Sperm Edwards Posted March 29, 2008 Share Posted March 29, 2008 He likes the taste. he doesnt like his eyes stinging. Someone's a Lil Bit en fuego tonight. Link to comment Share on other sites More sharing options...
Lil Bit Special Posted March 29, 2008 Share Posted March 29, 2008 I'm happy this whining prick didn't get his extension. how dare you put this thread back on track??? This was headed off on a strange tangent and now we go back to discussing Coles??? GET BACK TO TALKING ABOUT SPERM! (wow, that sounds really gay.) Link to comment Share on other sites More sharing options...
Irish Jet Posted March 29, 2008 Share Posted March 29, 2008 How can you say that??? Its the offical beverage of Jetnation! Link to comment Share on other sites More sharing options...
Lil Bit Special Posted March 29, 2008 Share Posted March 29, 2008 Someone's a Lil Bit en fuego tonight. I've got some burst tonight. It should pass soon. Link to comment Share on other sites More sharing options...
Arsis Posted March 29, 2008 Share Posted March 29, 2008 how dare you put this thread back on track??? This was headed off on a strange tangent and now we go back to discussing Coles??? GET BACK TO TALKING ABOUT SPERM! (wow, that sounds really gay.) Sorry, Irish Jet just Pmed me and said he liked the taste and didn't mind the eye stinging, it was just that he can never get it to wash properly out of his hair. Link to comment Share on other sites More sharing options...
Lil Bit Special Posted March 29, 2008 Share Posted March 29, 2008 Sorry, Irish Jet just Pmed me and said he liked the taste and didn't mind the eye stinging, it was just that he can never get it to wash properly out of his hair. he should shave his head... easy clean up. Just need a towel. Link to comment Share on other sites More sharing options...
Irish Jet Posted March 29, 2008 Share Posted March 29, 2008 Sorry, Irish Jet just Pmed me and said he liked the taste and didn't mind the eye stinging, it was just that he can never get it to wash properly out of his hair. That's total lies. STOP LYING!!! It's not the hair that's the issue, it's just that doesn't agree with my skin. Link to comment Share on other sites More sharing options...
Arsis Posted March 29, 2008 Share Posted March 29, 2008 he should shave his head... easy clean up. Just need a towel. He could also draw a bullseye on his head. Link to comment Share on other sites More sharing options...
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