There are two other issues that factor into the completion of this deal. Coles problematic right toe, which has become arthritic, might need surgery. Coles told the Redskins he wouldn't agree to the procedure. Before this deal is consummated, Coles will have to pass a Jets physical. If Jets team Dr. Elliott Pellman wants Coles to have surgery, and he says "no", this could be a deal-breaker.
Coles didn't miss any games due to this injury, but it clearly hindered his play this past season. He finished with 90 catches, but for just under 11 yards a reception.
Another issue that must be cleared up before this trade can reach fruition, is the Redskins giving left tackle Chris Samuels a contract extension. This would allow them to create the cap space necessary to trade Coles. If Coles is traded, he will count $9 million against the Redskins 2005 cap.