The Falcons were awarded a seventh round (249th overall) compensatory 2012 draft pick by the league on Monday.
Compensatory picks 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.
Under the formula, the compensatory free agents lost by the Falcons were ranked higher than the ones they signed (by a specified point differential based upon salary and performance).
The Falcons traded away their first and fourth round picks of the 2012 draft as part of the Julio Jones trade with the Cleveland Browns.
Falcons Draft Selections
2nd Round (No. 55 overall)
3rd Round (No. 85 overall)
5th Round (No. 157 overall)
6th Round (No. 192 overall)
7th Round (No. 229 overall)
7th Round (Compensatory Selection, No. 249 overall)
–D. Orlando Ledbetter, The Atlanta Falcons beat blog