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Breaking News Coles released


jetsrule128

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What's our cap situation like now?

$33 million under since the Rhodes & Pace restructures were LAST WEEK, already counting on the $27 million in cap space. Coles frees up $6 million, so its $33 million under, without the 08 incentives and there arn't more than a couple million of those.

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I think at least one of Baker, Coles, and Moore comes back. Are we really turning over seven starters?

Well, with Coles voiding his contract & freeing up $6 million, paying Moore his $7 million RB won't be as painful.

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I think at least one of Baker, Coles, and Moore comes back. Are we really turning over seven starters?

I expect Baker back, and I hope the rumors about cutting Moore are wrong in the first place.

Coles left $6M on the table because he already knows there's more than that somewhere else (Miami? Probably).

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Sorry if this was posted:

Newsday.com

Jets made smart move in getting rid of Coles

Bob Glauber

February 26, 2009

Say this much for Laveranues Coles: Since coming to the Jets as a third-round pick in 2000, the guy has been a warrior, playing through sprained ankles, sore knees and concussions. But in the end, Coles had become too much of a pain in the neck for the Jets.

For all the tough catches Coles made over the middle, it was his obsessive preoccupation with his contract that prompted the Jets to part ways with him yesterday. There's still a chance he'll consider returning, especially if he can't find a suitable deal on the free-agent market. But the more likely scenario is that the Jets are done with the 31-year-old receiver.

As well they should be.

Coles has been one of the Jets' go-to receivers in both go-rounds with them - 2000-02 and 2005-2008. But for all his bellyaching about his contract, which recently prompted the Jets to guarantee a whopping $11 million over its final two years, Coles' production has not justified that kind of commitment. The Jets reworked the deal yesterday so they won't be on the hook for a $6-million guarantee in 2009 and granted Coles' wish to be an unrestricted free agent.

It's a gamble by Coles, who figures to get some action on the open market, mostly because there are only a handful of quality receivers out there. But the Jets need not lose sleep over Coles playing somewhere else.

Consider: In nine seasons, Coles has surpassed 1,000 receiving yards just three times, and only once in the past five seasons (2006). For all of Coles' calls to have his contract reworked, you'd think his production would have reminded you of Jerry Rice's. Instead, it was more along the lines of Jerry Porter, the former Raider and Jaguar whose complaints-to-catches ratio was also absurdly high.

Sorry, but it's never good business to have a possession receiver pushing the envelope every year about wanting to have his contract torn up. Good for the Jets and new coach Rex Ryan for holding the line on Coles and kicking him to the curb.

But don't feel sorry for him. Hey, if 11-time Pro Bowl linebacker and future Hall of Famer Derrick Brooks, who performed brilliantly with little fanfare and zero complaining in Tampa, can get the heave-ho, then surely Coles can be shown the door. The Jets would have been justified in giving Coles a swift kick in the pants on his way out, although indications are that the parting was amicable.

Now the Jets can get to the free-agent market, which begins a minute after midnight tonight, and get on with life after Coles. The list of quality receivers is painfully short, although the Jets should go after Cincinnati's T.J. Houshmandzadeh, easily the most talented unrestricted free agent out there. They also have young speedster David Clowney as a potential replacement, and Chansi Stuckey is a solid alternative who showed flashes last season. Jerricho Cotchery has far more upside at age 26 than the fading Coles.

The draft is coming up in two months, and the receiver class features promising prospects such as Michael Crabtree of Texas Tech, Percy Harvin of Florida, Jeremy Maclin of Missouri, Darrius Heyward-Bey of Maryland, Kenny Britt of Rutgers and Kenny McKinley of South Carolina. With the 17th pick, the Jets are in position to get a pass catcher to their liking.

They're also positioned to restock the defense, in the draft and free agency. And even if they don't land one of the Ravens' linebackers - Bart Scott or Ray Lewis - the Jets already have improved defensively. With Ryan, the Jets have one of the best defensive minds in the game at the controls.

Ryan has said his plan is to play good defense and run the ball, so Coles' absence doesn't figure to be a major issue. Ryan's attack-style defense, the polar opposite of Eric Mangini's read-and-react schemes, will be a refreshing change. Maybe now opponents will actually be concerned about the Jets' defense.

Ryan's smashmouth approach doesn't have much of a need for possession receivers such as Coles, especially when he's angling to suck more money out of the team over future seasons and when his numbers don't justify it.

That's why it was time for both sides to move on. Enough already.

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