COLES AGREES TO EXTENSION

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Breaking News: Coles Extended
Published 3/28/2008 by Bent at thejetsblog.com
The NY Post breaks the story that Laveranues Coles has received a contract extension. Financials are not known, but they are believed to have added 2 to 3 years to his deal so that he can finish his career with the Jets. If the Jets are smart, they will have created some extra cap space this season and also included an “eject button” after the first couple of years.

COLES AGREES TO CONTRACT EXTENSION
Published 3/28/2008 by Michael David Smith at ProFootballTalk.com
Laveranues Coles is no longer unhappy to be a Jet. Mark Cannizzaro of the New York Post reports that the wide receiver and the team have agreed to an extension that both sides believe will keep Coles in a Jets uniform for the rest of his career. Terms of the deal have not been disclosed, but the report says Coles is believed to have added two or three more years to his contract, which already had him locked up through the 2009 season. If it’s a three-year extension it will go through the 2012 season, during which Coles will turn 35. Coles, a team captain, had threatened to ...

Laveranues Coles Gets His Wish and Signs Extension With the Jets
Published 3/28/2008 by Josh Alper at FanHouse
... have come to agreement on a contract extension. The New York Post broke word of the agreement this morning but doesn't have specific details beyond the fact that either two or three years were added on to his deal. ...

Coles, Jets Reach Agreement
Published 3/28/2008 by Gary Grund at JetsCentral
... Mark Cannizzaro of the NY Post is reporting that the Jets have reached an agreement on a contract extension with 30-year old wide receiver Laveranues Coles. Terms of the deal were not disclosed. ...

Coles signing not without risk
Published 3/28/2008 at Sports - Pancake Blocks
The Jets wanted to avoid having an uphappy team captain, so they extended Laveranues Coles' contract on Friday. Coles deserves the money more than say, Kris Jenkins, but the deal is not without risk. Coles is only turning 31 this year, but his body is older. Year-after-year of playing through injury caught up with him in 2007, when he essentially missed five games and gained his fewest yards since his rookie season. As an undersized receiver (193 pounds) who relies on toughness and physical play, there has to be some concern about an early decline.

NFL Saturday: Mare to Seattle; Pacman to Dallas?
Published 3/28/2008 by Joel 'DiG' DiGiacomo at Football for Breakfast
... Wants to Be a Cowboy (Dallas Morning News) Saints: Charles Grant on Mend from Ankle Surgery (Times-Picayune) Seahawks: Seahawks Sign Mare As New Kicker (Seattle Post-Intelligencer) 49ers: Alex Smith Back Throwing - Softly (San Francisco Chronicle) AFC News Patriots: Ankle Surgery for TE Ben Watson (Boston Globe) Jets: Coles Agrees to Extension (New York Post) Titans: G Benji Olson Retires ...

COLES DEAL A GUARANTEE, NOT AN EXTENSION?
Published 3/28/2008 by Michael David Smith at ProFootballTalk.com
... , 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, “Initially the Jets offered to guarantee the remaining $11 million of his deal , but Coles said he was more concerned [with] the long-term security.” But in a story posted at ESPN.com several hours after Cannizzaro’s story, Pat Yasinskas wrote that guaranteeing the $11 ...

Upon Further Review, Laveranues Coles May Be Guaranteed Money Not Given an Extension
Published 3/28/2008 by Josh Alper at FanHouse
Filed under: Jets, AFC East, New YorkEarlier today, the New York Post broke a report that Laveranues Coles and the New York Jets had resolved their differences and agreed to a contract extension. At the time, I wrote that it didn't seem to make much sense why Coles would prefer more nonguaranteed years of a contract to a guarantee of the money owed over the remainder of his current deal. Initially the Jets offered to guarantee the remaining $11 million of his deal, but Coles said he was more concerned wth ...

Jets Links: March 28- Coles Agrees
Published 3/28/2008 by Mack Rosenberg <LEFTY120491@gmail.com> at NY Landing Strip
-Coles gets his extension. -T-Rock: Mock. -NFL.com writers mock gives us Matt Ryan?

Jets offer Contract Extension to Wideout Laveranues Coles
Published 3/28/2008 by Maury Brown at The Biz of Football :: Part of the Business of Sports Network
... 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: ...

What’s The Real Deal With Coles’ Contract?
Published 3/28/2008 by Bassett at thejetsblog.com
Someone’s got it wrong on the Coles deal. The Post has reported that the deal was extended (emphasis mine). Laveranues Coles Laveranues Coles , who entered this offseason with two remaining years on his contract worth $11 million but wanted an extension to ensure he’d finish his career as a Jet, yesterday agreed to that extension. Terms of the deal were not immediately available, but it’s believed Coles had either two or three years added to his contract. While ESPN.com’s ...

Coles To Sign Extension?
Published 3/28/2008 by NYteamsWin at Mets Prospects Minors Blog | MetsProspectus.com
2 contradicting reports here. The 1st one will come from the New York Post and the 2nd one ESPN. 1: "Laveranues Coles Laveranues Coles , who entered this offseason with two remaining years on his contract worth $11 million but wanted an extension to ensure he'd finish his career as a Jet, yesterday agreed to that extension. Terms of the deal were not immediately available, but it's believed Coles had either two or three years added to his contract." 2: "The New York Jets have ...

DID JETS SET DANGEROUS PRECEDENT BY CAVING TO COLES?
Published 3/29/2008 by Mike Florio at ProFootballTalk.com
... , has played along.  But with Coles getting a significant concession by making it known that he wants more money, Pennington should consider doing the same. That’s why we disagree with Mark Cannizzaro’s assessment that the Jets “ smartly avert[ed] the ugly public situation they allowed to fester and implode last year with left guard Pete Kendall, who was seeking $1 million added to his contract.”  This time around, the Jets have invited Pennington and others to follow Coles’ Oliver Twist routine by asking for more.