The New York Jets have parted ways with receiver Laveranues Coles, an NFL source told ESPN.com. "I have had the pleasure of getting to know Laveranues since he has entered the league in 2000," Jets GM Mike Tannenbaum said. "He is a fierce competitor, a great teammate and a good friend who has always given his best to the New York Jets. "I spoke with him today and expressed my appreciation for his contributions both on and off the field. This move will allow Laveranues to explore his options, and we both agreed to keep the lines of communication open."