On Friday, it was announced that the New York Giants were awarded a compensatory fifth-round draft pick in the 2019 NFL Draft.
The New York Giants are now equipped with 10 draft picks in the upcoming NFL Draft in April after awarded a fifth-round compensatory selection on Friday.
A total of 32 compensatory selections were awarded to 15 teams. The Giants were awarded a fifth-round pick (171st overall).
The compensatory selections are awarded to teams based on the Compensatory Draft System’s net loss formula. Under the system, teams that suffer a net loss of compensatory free agents (CFA) during the prior free agency signing period are eligible to receive a corresponding number of compensatory selections in the following year’s draft, up to a maximum of four selections.
The level of compensation (i.e., the round and selection number within the round) that the prior club receives for each CFA lost is based upon a weighted combination of the CFA’s average yearly compensation, postseason honors and playing time with the new team, ranked against all players in the league who are on rosters.
The #NYGiants have been awarded a compensatory pick in the 2019 NFL Draft.
— New York Giants (@Giants) February 22, 2019
Last offseason, the Giants acquired four veteran free agents in left tackle Nate Solder, safety Michael Thomas, wide receiver Cody Latimer, and linebacker Kareem Martin.
They also lost six of their own free agents in offensive linemen Justin Pugh, Weston Richburg, and D.J. Fluker, linebacker Devon Kennard, cornerback Ross Cockrell, and quarterback Geno Smith.
Having 10 drafts picks is a huge asset for the Giants especially considering how well general manager Dave Gettleman draft last year. Gettleman’s first four draft picks (Saquon Barkley, Will Hernandez, Lorenzo Carter, and B.J. Hill) all made huge contributions as rookies.
With 10 draft picks to work with, don’t be surprised if Gettleman tries to move in the early or mid-rounds, especially since the Giants don’t have a third-round pick.
The NFL Draft commences on, Thursday April 25 through Saturday, April 27.