Laveranues Coles has left Cincinnati without a deal, says the Enquirer’s Joe Reedy. He adds that sources say the team has upped its offer to RB Cedric Benson in the wake of his visit to Houston.
As far as I’m concerned, this is good news. The Bengals have plenty of options at wideout, but the cupboard is bare at running back, and they need to be filling in holes, not creating more, ahead of the draft. I’m on record as an advocate of showing Cedric the money for just that reason.
That said, I have to wonder exactly what the point of the Coles visit was. If you are going to bring him to town in the wake Seattle signing away T.J. Houshmandzadeh, then you do the deal. Coles is allegedely looking for a four-year deal in the $25 million range, with about $10 million guaranteed. This works out to a bit more than $6 million per, which is what the Bengals were prepared to give Housh pre-sweetener. You have the money, it’s already budgeted and accounted for in cap calculations…just hand it over.
Yet, they didn’t. Again, I can’t say I’m upset, but in that light can’t figure out why they bothered to invite Coles to town in the first place.