Giants, Eagles each add a draft pick

March, 18, 2013
3/18/13
9:03
PM ET
PHOENIX -- The NFL announced the ever-popular compensatory draft picks Monday, awarding extra picks to 16 teams whose net losses in free agency last year were deemed by the league's formula to have outpaced their net gains. The Philadelphia Eagles and the New York Giants each added a seventh-round pick. The Eagles' extra pick will be the 239th of the draft. The Giants' will be the 253rd.

Neither the Dallas Cowboys nor the Washington Redskins, who were both very active in free agency last year, received any compensatory picks.

The formula for determining these picks is not strictly a 1-for-1 equation. For instance, the Giants got a pick even though the number of compensatory free agents they lost (Mario Manningham, Aaron Ross and Dave Tollefson) was equal to the number they signed (Martellus Bennett, Sean Locklear and Shaun Rogers). The reason is that, according to the formula, what the Giants lost in free agency was more than what they gained. The formula, the league's official release says, is "based on salary, playing time and postseason honors."

The Eagles got the extra pick because they lost Juqua Parker and Steve Smith and signed Demetress Bell. It's safe to assume they wish Bell had performed well enough to prevent them from getting an extra seventh-round pick this year.

Dan Graziano

ESPN New York Giants reporter

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