John Elway expects Broncos to receive three compensatory picks in 2020
Denver Broncos general manager John Elway expects his team to be awarded three compensatory selections in the 2020 NFL Draft.
The Denver Broncos are already sitting nicely with nine official picks in the 2020 NFL Draft, and with compensatory picks set to be awarded in the next couple of weeks, that figure could increase significantly.
The Broncos were active in the free agent market in 2019, yet they still have a good chance of landing three compensatory draft picks. The process for figuring out who gets compensatory picks is a complicated formula for awarding teams draft selections when they lose key (high priced) free agents, but the code has been pretty well cracked by Over The Cap.
According to Over The Cap, the Broncos are set to receive compensatory picks in the fifth round and two in the seventh round.
That doesn’t seem like much, but it would increase the Broncos’ total pick count to 12 and would give them at least one selection in all seven rounds. They currently don’t have a fifth-round pick.
Apparently, John Elway and the Broncos have either read Over The Cap’s predictions or they have run the same type of calculation and come to the same conclusion in-house.
Also notable from Elway's interview with @BigAlRadio and @jojoradio: He said he expects the Broncos to have 12 draft picks, which is what OTC projected. Nine picks + 3 compensatory picks.
— Nicki Jhabvala (@NickiJhabvala) January 25, 2020
Denver is one of 4 teams to have as many as 7 picks in the first four rds. (PHI, MIA, BAL).
If Elway is correct, the Broncos’ draft selection chart would look something like this:
1. First round, 15th overall
2. Second round, 46th overall
3. Third round, 77th overall
4. Third round, 83rd overall (from Steelers)
5. Third round, 95th/96th overall (from 49ers)
6. Fourth round
7. Fourth round (from 49ers)
8. Fifth round (compensatory pick)
9. Sixth round (from Redskins)
10. Seventh round (from Patriots)
11. Seventh round (compensatory pick)
12. Seventh round (compensatory pick)
The question from this point would become whether or not the Broncos would keep all of these picks. It’s rare for a team to have 12 spots on their roster for rookies, but there’s no doubt the Broncos need the depth.
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This draft capital combined with the team’s projected $62 million in cap space has all of Broncos Country giddy about the near future and how Elway and company will look to improve the roster.