Jaguars being sold, GM Smith extended

The Jaguars' big news day goes far beyond the firing of coach Jack Del Rio and the appointment of defensive coordinator Mel Tucker as interim coach.

Adam Schefter and Chris Mortensen are also reporting that Wayne Weaver is selling the team to a as-yet-unrevealed buyer who will keep the team in Jacksonville and that general manager Gene Smith has agreed to a three-year contract extension.

FedEx founder Fred Smith has reportedly talked to Weaver about a role with the team and could be the buyer.

Whoever it is certainly had a voice in decisions about Del Rio and Smith.

And I believe Smith wouldn’t be signing a deal if he didn’t have the power to hire the next head coach.

What sort of budget will he have?

Weaver is talking at noon ET. Stay tuned for more.