The Denver Broncos Have Been Awarded Three Compensatory Picks In The 2016 NFL Draft

The Broncos received some needed draft capital Friday.

The Denver Broncos received some much-needed Draft capital on Friday, as the NFL awarded them three compensatory picks in the 2016 NFL Draft. 

The Broncos will receive a third, a fourth and a sixth round pick in compensation for the respective losses of Julius ThomasOrlando FranklinTerrance KnightonRahim Moore and others, who left last season via free agency. 

The Broncos have four original draft picks, plus three more they've acquired via trade. Counting these three compensatory picks, the Broncos will now have 10 picks in the Draft. 

That's a lot of Draft capital. And with the losses they've sustained in the opening week of free agency — losing both starting quarterbacks from 2015, plus five other starters — GM John Elway will look to restock the cupboard in the Draft. 

The Broncos hold the No. 31 selection. With this many picks now in the coffers, Elway can be aggressive in trading up to secure a long-term option at quarterback, which has now become Denver's most glaring need. 

Chad Jensen is the Publisher of Mile High Huddle. You can find him on Twitter @ChadNJensen.

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