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No option to release WAN IP - MI424WR Rev. I?

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I'm trying to switch out my Actiontec router for a Netgear R7000. However I can't get the R7000 to actually connect to internet. I read on multiple websites that it's because I need to release the WAN IP, and there's *supposed* to be a 'release' button on the settings of the Broadband connection in Network Connections. I go into the 'settings' page of the Broadband connection and there is no 'Release' button... Is this disabled on the newer revisions??

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