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From Albert Breer, who works for the NFL (NFL.com)
NFLPA, NFL agree to trade deadline extension, IR exception - NFL.com
Also explained by Gregg Rosenthal:
IR tweak could help David DeCastro, Desmond Bishop - NFL.com
Again, if the rule is as reported, Demps is done for the year.
Since the new IR rule is being adopted after the 75-man roster cuts, for the 2012 season only, the NFL and NFLPA have agreed to a transition process that allows teams to activate one player back to the 53-man roster who has been put on IR since the start of training camp.
However, the player must be reactivated no later than 9 p.m. ET on Friday.
NFLPA, NFL agree to trade deadline extension, IR exception - NFL.com
Also explained by Gregg Rosenthal:
IR tweak could help David DeCastro, Desmond Bishop - NFL.com
Again, if the rule is as reported, Demps is done for the year.