This Week’s Timeline for League Business

The lockout is unofficially over and the fun stuff will begin Tuesday at 10 a.m. ET. Rejoice fantasy footballers and prepare for a hectic three days. Something ESPN Insider Adam Schefter described as Christmas and Thanksgiving being rolled into one big holiday.

ESPN is reporting the following updated schedule for the rest of the week:

On Monday, teams will receive the official free agent list and can expand their rosters to 90.

On Tuesday at 10 a.m., teams will be able to reach contract agreements with rookies, undrafted free agents and all free agents league wide. All players under contract will also be allowed to enter team facilities.

On Wednesday, players will begin reporting to training camps. The tentative timeline has 10 teams reporting on each Wednesday, Thursday and Friday and the New York Jets and Houston Texans will report Sunday.

On Thursday, teams can cut players at 4 p.m. ET.

On Friday, Teams can file all transaction to the league at 6 p.m. ET, meaning the agreed upon contracts starting on Tuesday will become official.

There is also an August 4 deadline for the players to recertify as a Player’s Association and to ratify the collective bargaining agreement.

What this means for the Jaguars?

Under the proposed agreement, teams are required to spend 99 percent of the salary cap. The Jaguars’ current commitments to the proposed $120 million salary cap are approximately $78.1 million, according to ESPN’s Pay Yasinskas.

That gives the Jaguars approximately $42 million to spend via free agency and on rookies. With the new rookie wage scale and a lack of draft selections, it looks that a majority of that $42 million will be spent on free agents.

As previously reported, the Jaguars are planning to open the vault and spend some money in free agency this year. Don’t expect to see all of the Jaguars free agent players to be wearing teal this coming season, as it has been reported that wide receiver Mike Sims-Walker will not be rejoining the team. T

Take a look at a couple of players who the Jaguars could be targeting.

Here is a short list of three players who could be in teal when the smoke clears: Eric Weddle (S, San Diego), Stephen Nicholas (LB, Atlanta), Barrett Ruud (LB, Tampa Bay)

And here is a short list of some players who may not make it out of training camp as a Jaguar: Brad Meester, Greg Jones, Tiquan Underwood, Leger Douzable.