While other teams like the New York Jets and Green Bay Packers stocked up on compensatory draft picks, the NFL awarded the New York Giants only one … though that one happens to be the fifth highest awarded to any team in the league.
It was announced on Monday that Big Blue had been credited with losing Kevin Boss, Barry Cofield and Steve Smith, and signing David Baas and Steve Weatherford, thus netting them a fourth-round selection, #131 overall.
With the addition of the fourth-round compensatory draft pick, Big Blue now has a total of eight picks in next month's NFL Draft (two of those coming in the fourth-round).
How the NFL determines and distributes compensatory draft picks is a bit of a mystery to the public. A secret formula developed by the NFL Management Council that considers players lost, players gained, salary, player honors and playing time is used, but exactly what weight and value is placed on each variable remains uncertain.
Compensatory draft picks can not be traded under NFL rules.
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