Unless you've watched a massive number of free agents leave your city during the previous season, the day that compensatory draft picks are handed out probably doesn't really register on your NFL calendar.
For better or worse, though, the Texans have happened to watch numerous free agents leave in recent years, so to say that the day compensatory picks are announced is like Christmas morning may be a bit of an overstatement, but it is kind of like getting a bunch of gift cards to be redeemed on draft weekend in early May.
On Monday, at the annual owners' meeting in Phoenix, the league announced this year's compensatory picks, and for the third straight season, the Texans were fairly well compensated.
The Texans, who have kept all of their own picks in each of the seven rounds of this year's draft, were awarded three additional picks on Monday. They go as follows:
5th round, 174th overall 6th round, 211th overall 6th round, 216th overall
Per a press release from the league, here are the compensatory pick particulars:
A total of 32 compensatory choices in the 2015 NFL Draft have been awarded to 14 teams, the NFL announced today.
Under the rules for compensatory draft selections, a team losing more or better compensatory free agents than it acquires in the previous year is eligible to receive compensatory draft picks.
The number of picks a team receives equals the net loss of compensatory free agents up to a maximum of four. The 32 compensatory choices announced today will supplement the 224 choices in the seven rounds of the 2015 NFL Draft held on April 30-May 2 in Chicago.
This year, the compensatory picks will be positioned within the third through seventh rounds based on the value of the compensatory free agents lost.
Compensatory free agents are determined by a formula based on salary, playing time and postseason honors. The formula was developed by the NFL Management Council. Not every free agent lost or signed by a club is covered by this formula.
To put that all in plain, Texans-related English, following the disastrous 2013 season, the Texans watched defensive tackle Earl Mitchell, defensive end Antonio Smith, linebacker Joe Mays, and running back Ben Tate all leave in free agency. The only incoming veteran free agent was safety Kendrick Lewis, hence the net result of three additional picks.
This day also serves as a reminder that sometimes signing free agents and having them bust horribly comes with an additional tax, aside from their shitty performance. They can cost you compensatory picks!
Yes, I'm looking at you, Ed Reed. The signing of your sorry ass cost the Texans an extra pick last season. Yes, I'm still bitter.
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Fortunately, the only person who appears to be worse at turning the page and putting the bitterness behind me is you, Homeless Ed....
— 20 reed (@TwentyER) March 22, 2015
The first round of the draft will begin at 8:00 p.m. ET on Thursday, April 30. The second and third rounds are set for Friday, May 1 at 7:00 PM ET followed by rounds 4-7 on Saturday, May 2 at 12:00 PM ET.