Under terms of the NFL Collective Bargaining Agreement, a team losing more or better compensatory free agents than it acquires in a year is eligible to receive compensatory draft picks.
The number of picks a team receives equals the net loss of compensatory free agents up to a maximum of four. The 32 compensatory choices announced today will supplement the 223 choices in the seven rounds of the 2004 NFL Draft (April 24-25). This year, the compensatory picks will be positioned within the third through seventh rounds based on the value of the compensatory free agents lost.
Compensatory free agents are determined by a formula based on salary, playing time and postseason honors. The formula was developed by the NFL Management Council. Not every free agent lost or signed by a club is covered by this formula. Two clubs this year (Green Bay and Tampa Bay) will receive a compensatory pick even though they did not suffer a net loss of compensatory free agents. Under the formula, the compensatory free agents these teams lost were ranked higher than the ones they signed (by a specified point differential based on salary and performance).
The following 2004 extra Jet draft picks have been determined by the NFL Management Council:
ROUND ROUND/OVERALL SELECTION TEAM
4 36-132 NY Jets
7 33-234 NY Jets
7 34-235 NY Jets
7 35-236 NY Jets
Picks 253-255 are supplemental compensatory picks (based on the draft-order formula) to fulfill the number of draft choices permitted by agreement with the NFL Players Association in the Collective Bargaining Agreement.
NY JETS Lost: Richie Anderson, James Darling, John Hall, Randy Thomas.