Shortly after announcing that Maurice Jones-Drew was placed on the injured reserve list, the Jaguars announced via Twitter that the three-time Pro Bowl running back is having surgery on hit foot in Charlotte, North Carolina on Friday.

According to Mark Long of the Associated Press, Jones-Drew went to see his doctor in Charlotte and was told that the foot wasn't healing right. Following the surgery, Jones-Drew is expected to be out until May, meaning he is unlikely to participate in some of the offseason activities, possibly including the OTAs in early summer.

"Hopefully back by May, late May, early June," Mularkey told reporters at his press conference today.

The surgery could mean that a potential trade market for Jones-Drew is diminished and the value of the running back on the trade market is less. After playing in 63 of 64 possible games in the first four years of his career, Jones-Drew has required surgery in two of the last three seasons.

The five-year contract signed by the running back in 2009 is set to expire following the 2013 season, so any opportunity to trade Jones-Drew or sign him to an extension will likely have to come during the 2013 offseason.

Jones-Drew finished the 2012 season with 414 yards rushing and one touchdown, but no other running back on the team has been able to accumulate more than 300 yards rushing in his absence.