The Seattle Seahawks weren’t awarded any compensatory picks in the upcoming 2012 NFL Draft. They were one of 17 teams who did not receive the extra picks. A compensatory pick is awarded to teams that lose more qualifying free agents in the previous year than they’ve signed. There are 32 picks awarded in rounds 3-7. The number of picks and the round that the picks are awarded is are based on a proprietary formula based on playing time of the lost player, their salary, player awards and the price of a decaf coffee in the Starbucks near Mile High stadium the leap day prior. Or some such criteria.
Compensatory picks cannot be traded. If all compensatory picks are not awarded based on this formula, they then become “supplemental compensatory picks” and are awarded based on the order in which the teams would pick in a hypothetical eighth round.
I sure hope someone wrote all that down.
Bottom line, the Seahawks have six picks in the 2012 draft, one in each round except the 5th.