After Jaguars general manager Gene Smith said that he had no plans to renegotiate Maurice Jones-Drew's current contract on Monday, the running back will not participate in Jacksonville's mandatory mini-camp. As ESPN's Adam Schefter reported on Twitter:

Jaguars RB Maurice Jones-Drew will not attend the Jaguars mandatory minicamp that begins today. He is seeking a new contract.

— Adam Schefter (@AdamSchefter) June 12, 2012

Since this is a mandatory mini-camp, Jones-Drew is expected to be fined $10,000 for missing the first day, $20,000 for missing a second day and $30,000 for missing three days in row. That's a total of $60,000 in fines if he skips out on the entire mini-camp.

Jones-Drew is in the fourth year of a five-year, $31 million contract. He's scheduled to make $4.95 million for the 2012 season.

For more on the Jags and the developing Maurice Jones-Drew holdout, head over to Jacksonville Jaguars blog Big Cat Country.