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Jaguar Transactions
 
April 20, 2007 - Re-signed Quinn Gray (QB) and Ernest Wilford (WR) to 2nd round tender offers.
 
April 19, 2007 - Re-signed Jorge Cordova (LB) to low tender offer
 
March 28, 2007 - Re-signed RB LaBrandon Toefield to a one year contract for $800,000.
 
March 26, 2007 - Re-signed LB Tony Gilbert. CB Ahmad Carroll, DE Kenny Petway, FB Derrick Wimbush all signed tender offers. Signed UFA Jermaine Wiggins (TE) to a one year contract worth $1,000,000. Signed FS Kevin McCadam (UFA) from Carolina Panthers.
 
March 20, 2007 - Signed UFA Tony Yelk (P).
 
March 3, 2007 - The Jagaurs have signed WR Dennis Northcutt to a five year 17.0 million contract with a $4.5 million signing bonus. Northcutt has spent seven years with the Cleveland Browns and doubles as a punt returner.
 
March 2, 2007 - The Jaguars have reached a five year deal with former Baltimore Ravens right tackle Tony Pashos. The signing bonus is reported to be $9.25 million and the total amount is $24.0 million. Pashos will become the starter at right tackle and push Maurice Williams to the left tackle spot where he will compete with Khalif Barnes for the starting position.
 
March 2, 2007 - The Jaguars today signed kicker Josh Scobee to a five year contract worth $10.0 million. The signing bonus is estimated at $3.0 million. Yesterday, the Jaguars placed a first round tender on Scobee.  
 
March 1, 2007 - The Jaguars placed 1st round tenders on Josh Scobee (PK) and Bobby McCray (DE). If not signed by another team both will earn $1.8 million this year. They placed 2nd round tenders on Quinn Gray (QB) and Ernest Wilford (WR). Both will earn $1.3 million this year. Low tenders were placed on  CB Ahmed Carroll (1st round compensation) and LB Jorge Cordova (3rd round compensation). Low tenders carry a salary of $850,000. The Jags also tendered contracts to their two exclusive rights free agents, Derrick Wimbush (RB) and Kenny Petway (DE).
 
March 1, 2007 - Running Back Fred Taylor signed a four year contract to replace the last year of his current contract. The roster bonus of $4.2 million will all be charged against the 2007 cap in addition to his base salary of $800,000. In 2008, Taylor gets a $1.0 million roster bonus each year from 2008-2010 and base salaries of $4.0, $5.0 and $6.0 million respectively.
 
January 18, 2007 - Linebacker Daryl Smith signed a five year $25 million contract extension. Smith was already under contract for the 2007 season so this extension will run through 2012. It is estimated that base salaries from 2008-2012 total $14 million and bonuses $10 million with incentives making up the last $1 million. It is not yet known what type of bonuses are included and which years they apply to the CAP.
 
January 4, 2007 - The Jaguars have released Mike Williams (OL) and Jim Davis (DL) from their injured reserve list. Neither player will likely be with the team in 2007.
 
December 24, 2006 - Guard Vince Manuwai signed a five year contract with the Jaguars. Base salary is 2007-$1.4 million, 2008-$1.9 million and $2.9 million each year in 2009, 2010, and 2011. Bonuses and CAP values are not known.
 
October 27, 2006 - Tight end George Wrighster signed a five year extension for $7.5 million. His 2006 base salary will increase by $1,500,000. His base salary is as follows: 2007-$1,250,000, 2008-$825,000, 2009-$950,000, 2010-$1,100,000, and 2011-$1,600,000.

Jaguar CAP Update
 
As of March 28, 2007 the Jags have approximately $7.0 million in CAP space available to sign free agents and/or extend contracts to exisiting players. In addition they have $5.0 million set aside to sign this year's draft class.

Tender Offer Compensation
 
Restricted free agents can be offered one of four types of tender offers from their existing team. Each type has a defined salary and a defined draft pick compensation if another team signs your restricted free agent. If no offers are accepted by the player he will play that year at the defined salary for his existing team. If another team signs your RFA, a team can match that offer and retain that player or accept the defined draft compensation. Below is a listing of the tender categories.
 

Compensation

Salary

 1st & 3rd Round Pick $2,350,000  
 1st Round Pick $1,850,000  
 2nd Round Pick $1,300,000  
 Players Original Draft Round $850,000  

2007 Salary Minimums
 
1 year  - $285,000
2 years - $360,000
3 years - $435,000
4 years - $510,000
5 years - $595,000
6 years - $595,000
7 years - $595,000
8 years - $720,000
9 years - $720,000
10 & up - $820,000
 
Veterans with four or more years who receive no more than $40,000 in signing bonus and a minimum salary will only count $435,000 against the team salary CAP.

Free Agent Definitions
 
There are five types of free agents as follows:

Unrestricted Free Agents (UFA) - Players with four years or more of NFL experience who can sign with their own team or any other team in the NFL. If they leave their previous team the team that signs them can do so without having to award the previous team compensation.

Restricted Free Agents (RFA) - Players with three years of NFL experience. Like an unrestricted free agent they are free to negotiate with any team however the current team has the right to match any offer and if they do so they retain the rights to the player. Failure to meet the offer means the player is awarded to the new team but the new team must give the old team compensation in the form of draft picks.

Exclusive-Rights Free Agents (ERFA) - Players with two or fewer years of experience who have no outside negotiating power. Their rights belong to their previous club provided they are made a minimum qualifying offer.

Franchise Free Agents (FFA) - Unrestricted free agents who have been designated as the "Franchise" player. Current team has the right to match any offer. If they refuse they are given compensation by the new team the player has signed to play for.

Transitional Free Agents (TFA) - Players who can negotiate with any club but current team retains matching rights.

2007 NFL Free Agency & Draft Calendar

  • March 2 - Free Agency period begins. 
  • April 20 - Deadline for signing of offer sheets by restricted free agents
  • April 28-29 - NFL Draft

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by: jaxjagfl.com   date: February 11, 2007
Jacksonville Jaguars Football @ jaxjagfl.com