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Where the Steelers stand in the compensatory formula after losing more free agents

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 another free agent. Before diving into where the Steelers stand and what would need to happen in order to keep any compensatory draft picks, click HERE for a previous article which listed several misconceptions about the NFL’s compensatory formula.