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Jets part ways with Laveranues Coles

Laveranues Coles is taking an expensive gamble that he'll get the long-term contract elsewhere that he couldn't get from the Jets.

The team restructured Coles' deal late yesterday afternoon, a move that simultaneously enabled the receiver to secure the longer contract he was seeking and saved the Jets $6 million off their salary cap.

"I have had the pleasure of getting to know Laveranues...

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