It was a rumor we reported on early last month, that has now become a reality. The NFL announced on Monday that the Dallas Cowboys will be awarded three extra compensatory selections in the seventh round of the upcoming draft in May. These picks were awarded to the Cowboys due to the loss of these players in 2012: cornerback Mike Jenkins, linebacker Victor Butler, tight end John Phillips and defensive end Kenyon Coleman. The announcement was made during the NFL’s Annual Owner’s Meeting in Orlando, FL.
Here’s how Wikipedia describes the purpose of compensatory picks:
“In addition to the 32 selections in each of the seven rounds, a total of 32 compensatory picks are awarded to teams that have lost more or better compensatory free agents than they signed in the previous year.Teams that gain and lose the same number of players but lose higher-valued players than they gain also can be awarded a pick, but only in the seventh round, after the other compensatory picks. Compensatory picks cannot be traded, and the placement of the picks is determined by a proprietary formula based on the player’s salary, playing time, and postseason honors with his new team, with salary being the primary factor. So, for example, a team that lost a linebacker who signed for $2.5 million per year in free agency might get a sixth-round compensatory pick, while a team that lost a wide receiver who signed for $5 million per year might receive a fourth-round pick.”
These picks will be added to the three other seventh round picks the Cowboys already own. One of those picks was obtained last year from the Chicago Bears in their trade for tight end Dante Rosario. The additional picks will also help make up for the fact Dallas traded away their sixth round pick to the Kansas City Chiefs for defensive end Edgar Jones and that other extra seventh round pick.
Extra selections in this draft are especially coveted since it features the largest underclassman grouping in NFL history. Unfortunately, the Cowboys can not use these new picks to get into the higher rounds since compensatory picks are not allowed to be traded. But, for a team needing depth, these selections will come in handy.