The compensatory picks were announced on Monday and the Bengals received two seventh-round picks for players lost.
The NFL has awarded the Cincinnati Bengals two compensatory picks on Monday, both in the seventh round at No. 240 and No. 251 overall. This gives Cincinnati 10 picks in the 2013 NFL draft, including their first in the seventh round. They traded away their seventh-round selection last year to the San Francisco 49ers in exchange for Taylor Mays.
Factored into the compensatory formula were the departures of wide receivers Andre Caldwell and Jerome Simpson, offensive linemen Nate Livings and Mike McGlynn and defensive end Frostee Rucker. Considered as gains to the formula, the Bengals signed cornerback Jason Allen, defensive end Jamaal Anderson and running back BenJarvus Green-Ellis.
A tenative draft order goes: 21, 37, 53, 84, 118, 156, 190, 197, 240, 251.
The league gives out a total of 32 compensatory picks every year to teams that have lost more free agents than they signed the year before. Even teams that sign the same amount of players they lost but lost higher-valued players than they signed get seventh-round picks. A team's compensatory picks cannot be traded and are determined by a formula based on salary, playing time and postseason honors. The formula was developed by the NFL Management Council. Not every free agent lost or signed by a club is covered by this formula.
Two clubs this year (Indianapolis and the New York Giants) will each receive a compensatory pick even though they did not suffer a net loss of compensatory free agents last year. Under the formula, the compensatory free agents lost by these clubs were ranked higher than the ones they signed (by a specified point differential based upon salary and performance).
There are four basic criteria for compensatory picks are:
- Players that are cut or RFA/ERFA that are not tendered, do not count
- Players who are paid the league minimum salary do not count
- Each player that is signed cancels a player that is lost in free agency
- The round of pick given to a team is decided by the value of the contract they're signed to. Signed player with equal contracts cancel lost players, then lower contract and lastly, higher contracts