The Jaguars and the representative for free agent Derek Cox will meet Saturday, but it’s likely the cornerback will hit the open market on March 9 and another team will offer more for Cox’s services.

“It’s going to be a vigorous market,” David Sullivan said Friday during a break in the agent meetings at the Indianapolis Convention Center. “He does want to stay on the right terms. That is going to be the ultimate decision maker.”

Ultimately, the general buzz around the NFL Scouting Combine is the Jaguars like Cox but will scoff at the financial commitment.

The Jaguars will not be using the franchise tag — worth $10.668 million — on Cox to make sure he remains with the team, a decision Sullivan wasn’t surprised with. But he disagreed with general manager Dave Caldwell’s call.

“I really thought going into this, they would tag him as a way to control the next year as a fallback, corner the market on negotiations with him and avoid the open market,” Sullivan said. “It would have basically kept this as a closed negotiation.”

Cox is the most prominent Jaguars unrestricted free agent.