Colts Appear in Line for 2019 Comp Pick for Moncrief, Formula Period Closed

Every year, Over The Cap keeps track of which NFL teams should expect compensatory draft selections for the following draft. Now that the period for free agents to influence the NFL comp pick formula is over, OTC has put together their list of which teams should expect to receive picks next spring.

The Indianapolis Colts don’t typically receive any significant comp picks, but by way of the Jacksonville Jaguars signing former Colts wide receiver Donte Moncrief to a $9.6 million APY, the Colts might be rewarded with a fourth-round pick in the 2019 NFL Draft.

According to OTC, the comp pick process is explained as follows (further analysis here):

“Each year, the NFL awards 32 additional draft picks, mostly to teams that lost more free agents than they signed from the previous offseason. How these picks are awarded is based upon a formula kept secret by the league, but many details surrounding it have been better focused over time due to past history.”

The Colts also “lost” cornerback Rashaan Melvin and linebackers Barkevious Mingo and Jon Bostic in free agency, but they were cancelled by the Colts acquiring defensive lineman Denico Autry, wide receiver Ryan Grant and offensive guard Matt Slauson.

Former Colts running back Frank Gore is also a candidate to count towards the comp formula. However, his transaction may not be considered significant enough to be included in the 32 rewarded picks.

If the Colts are rewarded with a fourth-rounder for Moncrief, then it would add to their already impressive-looking slate of 2019 draft picks, as they also have an extra second-round pick stemming from a trade made with the New York Jets this offseason.