After a busy free agency period the New York Giants are not projected to qualify for any 2021 NFL Draft compensatory selections.
Three of the Giants’ 10 2020 draft selection — offensive tackle Matt Peart (No. 99), defensive back Chris Williamson (No. 247) and linebacker Tae Crowder (No. 255) — were compensatory picks.
How are compensatory picks allotted NFL.com’s Lance Zierlein explains:
Teams are awarded compensatory draft picks between Rounds 3 and 7 based upon a league formula that takes into account the following criteria for players who left the team to sign elsewhere as free agents: average salary per year (APY), snap count and postseason awards. While there is an expected level of compensation for a player based on the amount he has signed for, his playing time (or lack thereof) in the upcoming season could alter the expectation. To qualify for compensatory picks, teams must end up with more qualifying free agents lost than gained in a particular year.
The number of compensatory picks allotted each year 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 in a single year.
Compensatory picks will not officially be determined until the conclusion of the 2020 season.
The Giants currently have only six selections in the 2021 draft. They do not have a fifth-round pick, having traded it to the New York Jets in the Leonard Williams deal.