Giants receive bad news from well-known NFL analyst

We are just over one week since the 2023 NFL Draft concluded. That won't stop anyone from discussing next year's draft, though. Compensation picks are always an intriguing aspect to watch as teams sign free agents and lose players from their roster in free agency.  As of right now, the New York Giants are projected […]

Adam Holt NFL News Writer
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We are just over one week since the 2023 NFL Draft concluded. That won't stop anyone from discussing next year's draft, though. Compensation picks are always an intriguing aspect to watch as teams sign free agents and lose players from their roster in free agency. 

As of right now, the New York Giants are projected to get zero compensation draft picks in 2024, according to Lance Zierlein

That could change, but it is the case as of early May for New York.

Zierlein also broke down the compensation pick process for anyone who doesn't know how the concept works in the NFL. 

The number of compensatory picks allotted each year (in exchange for departing players) is limited to the number of teams in the league (32), per the collective bargaining agreement. However, compensatory picks are not divided up equally among the teams, and no team can receive more than four compensatory picks (for players leaving) in a single year. To qualify for compensatory picks, teams must end up with more or better qualifying free agents lost than gained in a particular year.

Teams are awarded compensatory draft picks between Rounds 3 and 7 based on a league formula that takes into account a player's average salary per year (APY), snap count and postseason awards. While there is an expected level of compensation for a player based on the amount he has signed for, his playing time (or lack thereof) in the upcoming season could alter the expectation. –Zierlein

There's still time for the Giants to get some of those additional picks during free agency, but only time will tell. We will see who joins and leaves their roster for this season.