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Broncos not projected to get any comp picks for 2024 NFL draft

Each offseason, the NFL awards compensatory draft picks beginning in the third round. Clubs receive the comp picks based on a formula that essentially helps teams who lost more than they gained in free agency the previous year.

The Denver Broncos will not receive any comp picks in 2024, according to a projection from OverTheCap.com.

While the Broncos won’t get any comp picks this year, two of their 2023 free agent signings created comp picks for other teams.

The Baltimore Ravens are projected to get a fourth-round pick for losing guard Ben Powers to Denver and the Cincinnati Bengals are projected to get a seventh-round pick for losing running back Samaje Perine to the Broncos last offseason.

Here’s a look at Denver’s projected picks for April’s draft.

Round 1: own pick (12th overall)
Round 3: via NO (Sean Payton trade)
Round 4: via MIA (Bradley Chubb trade)
Round 5: own pick
Round 5: via NYJ (Jake Marin trade)
Round 6: via SF (Randy Gregory trade)

(View the trade explanations here.)

The 2024 NFL draft will be held in Detroit from April 25-27.

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Story originally appeared on Broncos Wire