Coles gets two years guaranteed

 
Laveranues Coles’ deal is done. Basically, the Jets guaranteed the last two years of his current deal, a total of $11 million, according to ESPN. The Jets made that very proposal more than a month ago. At the time, Coles balked, figuring the “guarantee” was no great shake because he was going to get the money anyway. In the end, Coles gave in. But the Jets gave in, too, taking the unusual step of guaranteeing money - somewhat of a risk because of Coles’ age (30) and recent history of concussions. Still digging to find out the exact contract, but it appears that no additional years were added. A newspaper report this morning said Coles got “two or three years” added to his deal, but that seemingly is inaccurate. UPDATE: It’s official: The Jets guaranteed the final two years remaining on Coles’ contract, an NFL source confirmed. Coles wanted more, but the Jets didn’t have to do anything. So it’s a compromise, with a small victory ... [link]

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Jets' compromise for Coles: final $11M guaranteed

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.
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Jets offer Contract Extension to Wideout Laveranues Coles

The New York Jets and wide receiver Laveranues Coles have reached a contract extension, adding either two or three years, and allowing Coles to retire as a Jet. The financial terms are not yet available. He entered the off-season two years left on his $11 million contract. As reported by the NY Post : Coles earlier this offseason was critical of the Jets because he felt they were not going ...
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Rather than giving Coles extension, Jets guarantee rest of contract - NFL

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 ...
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