Update:
The NFL passed the proposal to allow teams to trade compensatory draft picks starting in 2017.
This is the compensatory draft pick proposal that just passed. It will be effective beginning in 2017 pic.twitter.com/xWe7ytYfvI
— Ian Rapoport (@RapSheet) December 2, 2015
———-
ESPN’s Adam Schefter reports that theย NFL is expected to allow teams to begin trading compensatory draft picks this spring.
- According to Schefter, this should lead to more trades being completed.
- Peter King expects there to be more trades if the NFL allows teams to trade comp picks, but he still believesย they’ll be “sidecar” trades, and not big deals on their own.
NFL spokesperson Michael Signora tellsย Ian Rapoport that theย Competition Committee recommended thatย compensatory picks be tradeable. In order for the measure to pass,ย NFL clubs would need to approve the change and it could be submitted for a vote on Dec. 2.
Compensatory picks are awarded to teamsย that have lost more or better free agents than they signed in the previous year.
The exact formula the league uses for determining where each pick isn’t known, butย it takes into account aย player’s salary, playing time, and postseason honors with his new team. In total,ย there are 32 picks awarded in total each year between rounds 3 through 7.
However, teams haven’t been able to trade these picks in years past, but it certainly couldn’t hurt to give teams the ability to do what they like with all of their assets.
The NFL typically announces compensatory picks at the annual NFL meeting towardsย the end of March.
If you’re interested in seeing which teams could receive compensatory picks next year, check outย OverTheCap.comย projections.
We’ll have more regarding compensatory picks being available for trade as the news is available.
Looking for the latest NFL Insider News & Rumors?
Be sure to follow NFL Trade Rumors on TWITTER and FACEBOOK for breaking NFL News and Rumors for all 32 teams!