One of the presumptive reasons for the NFL moving up the June 1 date to May 12 was to allow teams to sign unrestricted free agents transitioning to street free agents earlier without those signings counting against them in the compensatory draft pick formula. Now that the league offices have closed for June 1, I thought I’d quickly take a look to see what effects this change had.
I identified 15 players signed from May 13 to June 1 that were previously UFAs that should have transitioned into SFAs after May 12:
It’s important to remember that the grand majority of these signings would likely not qualify for the formula anyway due to low salary, assuming all the TBAs signed for the veteran minimum or minimum salary benefit. (Spikes and Joseph Barksdale are the only two I could say with confidence that they would have qualified regardless of playing time adjustments.) Furthermore, any picks awarded from these players (either directly, or indirectly via different cancellations) would have been 7th rounders that likely wouldn’t have made it past the 32-pick limit.
However, if all these players did count against the teams that signed them, the following picks currently on the 2016 compensatory picks board would have been cancelled out:
In addition, Denver’s 7th for Jacob Tamme (currently beyond 32-pick limit) would be cancelled out by Harris, but replaced by a lower-valued 7th for either Mitch Unrein or Will Montgomery, who both signed for $950,000.
If those cancellations had happened, the following six picks currently beyond the 32-pick limit would have been awarded (all 7th rounders):
With the final outcomes in for this years option eligible rookies I thought it would…
We had a little discussion over the last few days about discounting of future draft…
With the 2024 NFL Draft in the books we now have a final estimate for…
With the second round of the 2024 draft in the books I wanted to go…
With the first round of the 2024 draft in the books I wanted to go…
For those who are premium subscribers I put together a pdf file breaking down the…