Mark Zaleski/ For The Tennessean
NFL's Compensatory Draft Pick Formula Could Mean Good News for Gang Green
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The New York Jets could receive as many as three compensatory selections in the 2024 National Football League Draft.
NFL Media Draft Analyst Lance Zierlein put the league’s compensatory formula to work and produced projected results for next year. His projections suggest Gang Green will receive one compensatory sixth-round selection and two picks in Round 7.
The Jets will welcome those additional picks considering they will have to surrender either their first-round or second-round selection as compensation for Aaron Rodgers. Gang Green will give up its Round 1 choice should Rodgers play at least 65 percent of offensive snaps in 2023.
The League will not finalize the compensatory picks allocation until after the 2023 season is completed. An official announcement will likely be made during March 2024.
The Jets are in the running for the comp selections since they lost more qualifying players than added through free agency this offseason.
Zierlein explained the calculations for every team eligible to receive at least one pick.
New York Jets
Projected compensatory picks: One in Round 6; two in Round 7.
Key free-agent losses: Dan Feeney (Dolphins), Nate Herbig (Steelers), Sheldon Rankins (Texans), Nathan Shepherd (Saints), Mike White (Dolphins).
Key free-agent additions: Mecole Hardman, Allen Lazard.
Comp-pick analysis: The losses of Rankins and Shepherd should be canceled out in the formula by the additions of Lazard and Hardman. The Jets still had three other departures that should result in a sixth-rounder (Herbig) and two seventh-rounders (Feeney and White). There is a chance that Feeney ultimately does not play enough in 2023 to earn the Jets a comp pick.
- Lance Zierlein
Aside from any comp choices, Gang Green currently holds five selections in next year’s Draft.
In addition to losing one of its first two picks to Green Bay, the Jets gave their Round 7 spot to the Baltimore Ravens in exchange for safety Chuck Clark. The team also sent its fifth-rounder, along with Jacob Martin, to Denver last November, but gained an extra fourth-rounder in the same deal.
The 2024 NFL Draft is set for April 25-27 in Detroit.
More from Zierlein on the Compensatory Picks Process:
"The number of compensatory picks allotted each year (in exchange for departing players) is limited to the number of teams in the league (32), per the collective bargaining agreement. However, compensatory picks are not divided up equally among the teams, and no team can receive more than four compensatory picks (for players leaving) in a single year. To qualify for compensatory picks, teams must end up with more or better qualifying free agents lost than gained in a particular year. Teams are awarded compensatory draft picks between Rounds 3 and 7 based on a league formula that takes into account a player's average salary per year (APY), snap count and postseason awards."
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