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Updating where the Steelers stand in the 2022 compensatory formula

Recently, an incorrect report was floating around social media about the Steelers no longer being in line for compensatory draft picks. The fact the Steelers had lost four unrestricted free agents while also gaining four is why it was concluded the Steelers would not eligible for a pick. Fortunately, things are slightly more complex when it comes to if players actually count towards the compensatory formula.

While net gains or losses in the number of players are what determines if a team gets compensatory draft picks, it’s only among qualifying players. So the question is if the Steelers have a net loss of Compensatory Free Agents (CFAs) towards the 2022 compensatory formula.