Giants awarded 4 compensatory draft picks

GM Ernie Accorsi will have some extra picks to play with in the upcoming NFL draft. The NFL announced today that the Giants were one of five teams awarded 4 compensatory draft selections for free agents lost in the prior season.

The NFL announced today that five NFL teams will get four extra picks each in the April 26-27 draft as compensation for losing free agents a year ago.

Here's an explanation of how the NFL calculates compensatory draft picks as stated by the league: Compensation is awarded by the NFL to teams who lost more unrestricted free agent players (UFA's) than they signed. All compensation is in the form of additional draft picks that are added to the end of rounds three through seven, in the NFL draft. To determine the number of compensatory draft picks a team is entitled to, the league determines the equivalent difference in the number of unrestricted free agent players signed compared to the number of players lost. The determining factor in the value of compensatory draft picks obtained is based on the contracts signed by the players acquired and players lost in the unrestricted free agency process. The highest possible compensatory pick begins with the last selection in the third round of the draft.

Along with New York, Baltimore, Green Bay, Miami, and St. Louis will also receive four compensation picks.

All compensatory picks come after the fourth round this year.

The Giants will be selecting 25th overall in the 2003 draft and will receive these slotted compensatory picks:

Round (overall)
6 (207)
6 (211)
7 (249)
7 (255)
In 2002 the Giants lost free agents Morten Andersen, Greg Comella, Joe Jurevicius, and Ron Stone.

There were no offsetting factors, because the club did not sign any significant free agents.

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