In fact the window doesn’t actually officially open until June 10. It would be nice to have a few deals wrapped up early doors though, wouldn’t it?
Wednesday have a great deal of work to do after their vast loan cohort returned to their parent clubs and Sam Hutchinson, Saido Berahino and Chey Dunkley are set to be released at the end of their contracts.
And the wait goes on when it comes to Massimo Luongo, Jack Hunt, Nathaniel Mendez-Laing and Joe Wildsmith, all of whom are said to have been offered new contracts.
Work is ongoing behind the scenes to bolster the squad, but what of the major stories – both in and out – to keep an eye on?
Let’s take a look.
. It's going to be a busy time..
..Wednesday have a lot of work to do in the coming weeks to get their squad ready for the season. But what incomings - and outgoings - should Owls fans be keeping a close eye on as the days roll on? Let's take a look.. Photo: via Getty Images
. Elliot Anderson - Newcastle United
Wednesday are reportedly one of many in the queue for Anderson's signature. The talented Newcastle youngster played beneath his abilities last season when out at Bristol Rovers in League Two and if Eddie Howe decides not to give him a first team opportunity it's likely he'll head out to a club in the Championship - or in League One. Photo: Naomi Baker
. Mallik Wilks - Hull City
As revealed by The Star, Hull attacker Wilks is a player well and truly on Wednesday's radar. At 23 he's a player that fits in with the mission to inject younger blood into the squad and has a proven record at League One level - his 19 league goals fired the Tigers to the title last season but one. Photo: Alex Davidson
. Brendan Wiredu - Colchester United
A tall, athletic 22-year-old, versatile midfielder Wiredu is understood to have been stuck on a long-list of potential targets for Wednesday. He would provide depth in an area they've been short of since Lewis Wing's late January move. Photo: Pete Norton
. Jack Hunt
Could be a tricky one, this. Hunt will no doubt have options elsewhere after a stellar season back at S6. Has been offered a new deal as per the retained list and spoke last season of his desire to stay at the club. Photo: Steve Ellis
13. Jayden Stockley - Charlton Athletic
Another Star lead, Wednesday have reinvigorated interest in Stockley, who they fancied last summer but saw matters held up by their embargo and he signed for Charlton. It wouldn't necessarily be a cheap deal, this, but the powerful forward is another with third tier goals under his belt. Photo: Pete Norton
14. Joe Wildsmith
Another one offered a deal, Wildsmith was roundly expected to leave the club in the summer but as time goes on, it could be that he sticks around. With Bailey Peacock-Farrell back at Burnley and Cameron Dawson on his way back, the goalkeeping department is one that will take a bit of tweaking one way or another. Photo: Steve Ellis
15. Michael Smith - Rotherham United
This would be a shock, but Wednesday are sniffing about one of their neighbours' key man, it seems. The Star first reported that they're keeping tabs on Smith, who has plenty of options after scoring 20 goals as Rotherham were promoted from League One last year. A powerful forward with an eye for goal, it's one that would ruffle a few feathers. Photo: George Wood
16. Paudie O'Connor - Bradford City
Wednesday certainly took a look at Bradford City centre-half O'Connor, who at 24 is another youngster who would fit in nicely. As reported by The Star, he has got plenty of options and as things stand, Wednesday are not leading the race for his affections. Photo: Pete Norton