It appears as though the class of wide receivers set to hit free agency is going to get a little weaker as ESPN's Adam Schefter reports the Bills are "on the verge" of re-signing Stevie Johnson and keeping him in Buffalo.

Buffalo Bills and WR Stevie Johnson are on the verge of a five-year contract that is likely to be completed in the next 24 hours.

— Adam Schefter (@AdamSchefter) March 5, 2012

It's very possible that Johnson could've been the top target for the Jaguars if he were to hit the open market, but barring a sudden breakdown in their contract talks, that appears unlikely. Instead it would appear as though Marques Colston could be the new top target for the Jaguars with Johnson off the market.

The figures from Johnson's contract with the Bills will be important as they will likely set the market for top receivers. Johnson, 25, finished the 2011 season with over 1,000 yards receiving and seven touchdowns.