Jets say goodbye to Coles

The Jets have decided not to match the Washington Redskins offer sheet to Laveranues Coles. "You never want to lose good football players, but we feel this is the best decision for our football team in the short term and the long term," said Jets GM Terry Bradway. "It was an easy decision and a hard decision. The contract was hard to swallow as far as the signing bonus, but it was tough to lose Lavaranues who has blossomed the last two years."

The Jets feel they made Coles a fair offer before the Redskins tendered him.
"The first offer we made him would have made him the highest paid receiver in Jets history," said Bradway. "It was a fair offer, but not our final offer.."
The Jets were shocked at the Redskins offer which included a $13 million bonus.
"It is extremely rare for a team to pay more than a player ask for," said Bradway about the Redskins.
Another factor in not matching offer sheet was the impending free agency of some of the Jets best players in the near future. Players like Chad Pennington, John Abraham and Kareem McKenzie to name a few.
"There was a fear that we would not be able to get those done," said Bradway.. "We were concerned with the flexibility we would have in the future. We are looking at 2003, but 2004 and 2005 as well."
The Jets looked into signing restricted free agents Tai Street and Darrell Jackson, but the prices turned out to be too high.
"The cash and draft choice compensation was too great in these instances," said Bradway.
The Jets also talked to 15 teams about trades, but none reached fruition.
They are have an interest in street free agents Curtis Conway, Antonio Freeman, Frank Sanders and Kevin Dyson.
There are negotiations on-going with a couple of those guys.

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