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Giants get three compensatory picks in 2020 NFL Draft

Giants general manager Dave Gettleman speaks to the media during a news conference on Dec. 31, 2019. Credit: Kathleen Malone-Van Dyke

The Giants lost a bunch of key free agents last offseason, but it paid off on Tuesday when they were awarded three compensatory picks in the 2020 NFL Draft.

The Giants received a third-round pick as well as two seventh-rounders, including the very last pick of the draft — also known as the "Mr. Irrelevant" pick.

The Giants qualified for compensatory picks because, according to a formula created by the NFL Management Council that factors in salary, playing time and postseason honors, the team lost more or better compensatory free agents last offseason than they acquired.