Jay Adams of AtlantaFalcons.com reports that the team has signed linebacker Coy Wire to a two-year extension and parted ways with safety Erik Coleman. The move to release Coleman has been in the pipeline since yesterday. Wire’s contract expired at the end of the 2010 season, and he was set to become a free agent.
Wire has added valuable depth for the Falcons since joining the team in 2008. He’s played in 47 games with 5 starts, recording 31 tackles, 1 forced fumble, and 3 recoveries in that span. He also has been among the leaders each year and has combined for 32 special teams tackles the past three years.
Coleman’s value to the team was diminished due to the emergence of William Moore this past year. Moore replaced an injured Coleman in Week 2 and never relinquished the job. He finished the year with 71 tackles and 5 interceptions. In the same role in 2009, Coleman had 115 tackles and no interceptions.