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, “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 million is exactly what the Jets and Coles agreed to do, adding, “Coles had been seeking a contract extension, but guaranteeing the remaining two years is an apparent compromise between the team and the receiver.”
Either Cannizzaro or Yasinskas has the story wrong.
At first glance the difference between the two stories might seem insignificant because either way, the Jets and Coles will both say they’re happy with the deal and ready to move forward. But in reality, the difference could be huge: If Yasinskas’s story is correct, the Jets made a major concession by guaranteeing Coles’ salary without getting any additional years on the deal. Cannizzaro’s story leaves room for the possibility that Coles was the one who made the concession, pledging two or three more years to the Jets while getting no additional guaranteed money.
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March 28th, 2008 at 1:35 pm
If a Jets beat reporter broke the story, it’s probably either premature or just wildly inaccurate.
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March 28th, 2008 at 1:36 pm
As I said from the start this was much ado about nothing… 2 Years 11 million GUARANTEED is a GREAT deal for Coles… If he doesn’t understand that and thinks that rewording it to be an 11 million dollar guarantee for more years which in the end means they can cut him and it’s the same thing anyway then so be it…
Another issue people tried to blow up.
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March 28th, 2008 at 1:40 pm
If the rest of the deal becomes guaranteed, isn’t that rather unique in the NFL? Not normal and not something other teams would like to see start happening, am I right?
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March 28th, 2008 at 3:06 pm
Wouldn’t it be fresh if one day a team told a player to cram their b!tching and complaining where the sun doesn’t shine and live with the contract they signed instead of making threats? Instead of doing so, they go ahead and pony up the cash wagon.
$11 million for “long term security”? Is that player-talk for “I want $11 million so I can be an average WR in the NFL”?
Maybe Patrick Ewing said it best about being a pro sports athlete “Yeah, we make a lot, but we spend a lot too”.
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