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Coles signs Redskins' offer sheet

Posted: Wednesday March 12, 2003 10:18 PM

WASHINGTON (AP) -- 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 pick in this year's NFL draft.

Coles is the fourth member of the Jets pursued by the Redskins. They signed guard Randy Thomas and kicker John Hall and have tendered an offer to punt returner Chad Morton.

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.

Morton, told by the Redskins he would get an opportunity to play running back, signed a five-year, $8 million deal, with a $2.5 million signing bonus. New York would receive a fifth-round draft pick as compensation for Morton.


 
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