Going into the 2020 NFL free agent period, Steelers’ fans were well aware there were going to be some tough losses. If players were going to move on to another team, the best thing for the Steelers would be for those players to sign huge contracts in order to help the Steelers out in the NFL’s compensatory formula.
As it stands right now, the Steelers would be eligible for multiple draft picks in 2021. Of course, the Steelers could still sign some free agents which would change everything. Before diving into where the Steeler stand and what would need to happen in order to keep any compensatory draft picks, let’s review a couple misconceptions about the NFL’s compensatory formula.