The Facts:
Talks between the Washington Redskins and Laveranues Coles have reached a standstill: The wide receiver is unwilling to restructure his contract to facilitate a trade because he believes he had an understanding with the team and would be released, a source close to Coles said last night.
Reported by the Washington Post
Fantasy Football Diehards Line:
The Post reported yesterday that the Redskins are trying to trade Coles to avoid having to release him without anything in return. If Coles does not agree to forfeit a portion of the $13 million signing bonus he received when he signed a seven-year, $35-million contract in 2003, the Redskins probably could not trade him because the team would absorb a huge salary cap hit. A source said Monday that talks centered on Coles forfeiting a $5 million signing bonus payment he is due April 1. ... Stay tuned. More as developements warrant.
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