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The Colts And Compensatory Draft Picks: A History

INDIANAPOLIS — An extra draft pick? Sure, we’ll take it.

That, give or take, was likely the reaction of new Indianapolis Colts general manager Chris Ballard on Friday upon hearing news that his team had been awarded a fourth-round compensatory pick in this year’s NFL Draft, increasing the team’s total draft picks to seven.

The whole compensatory pick process can seem messy, and it’s even harder to explain. To quote the National Football League, “a team losing more or better compensatory free agents than it acquires in the previous year is eligible to receive compensatory draft picks.