Front Office Football Central - View Single Post - Rewind Dynasty

mmarra82 · 04-01-2004, 09:52 PM

Wednesday, March 12, 2003

Jets have a week to match Redskins' offer Associated Press

WASHINGTON -- Wide receiver Laveranues Coles signed an offer sheet from the Washington Redskins on Wednesday. On Monday, the Redskins offered Coles, the New York Jets' outstanding young receiver, a seven-year contract worth about $35 million, including a $13 million signing bonus. Coles is a restricted free agent, so the Jets have a week to match the offer. If they don't, they will receive Washington's first-round and third round pick in this year's NFL draft. Coles had 89 catches for 1,264 yards and five touchdowns last season. He has said he was disappointed by the Jets' initial contract offer -- believed to include a $6 million signing bonus. While New York has enough money under the salary cap to match Washington's offer it also must consider whether to match the offer to Morton by Thursday.

04-01-2004, 09:52 PM	#26
mmarra82 High School Varsity Join Date: May 2001 Location: Oakdale, New York	Jets have a week to match Redskins' offer of Coles Wednesday, March 12, 2003 Jets have a week to match Redskins' offer Associated Press WASHINGTON -- Wide receiver Laveranues Coles signed an offer sheet from the Washington Redskins on Wednesday. On Monday, the Redskins offered Coles, the New York Jets' outstanding young receiver, a seven-year contract worth about $35 million, including a $13 million signing bonus. Coles is a restricted free agent, so the Jets have a week to match the offer. If they don't, they will receive Washington's first-round and third round pick in this year's NFL draft. Coles had 89 catches for 1,264 yards and five touchdowns last season. He has said he was disappointed by the Jets' initial contract offer -- believed to include a $6 million signing bonus. While New York has enough money under the salary cap to match Washington's offer it also must consider whether to match the offer to Morton by Thursday.