The Giants have been awarded a fourth-round compensatory pick in the 2018 NFL Draft:
NFL Media draft analyst Mike Mayock updates his position-by-position rankings for the 2018 NFL Draft.

Quarterback1. Sam Darnold, USC (AP Photo/Carlos Osorio)2. Josh Allen, Wyoming 3. Josh Rosen, UCLA 4. Baker Mayfield, Oklahoma T-5. Lamar Jackson, Louisville T-5. Mason Rudolph, Oklahoma State

Running Back1. Saquon Barkley, Penn State (AP Photo/Chris Knight)2. Derrius Guice, LSU 3. Sony Michel, Georgia 4. Ronald Jones II, USC T-5. Nick Chubb, Georgia T-5. Rashaad Penny, San Diego State

Wide Receiver1. Calvin Ridley, Alabama (AP Photo/David Goldman)2. DJ Moore, Maryland 3. Christian Kirk, Texas A&M 4. Courtland Sutton, SMU T-5. Anthony Miller, Memphis T-5. DJ Chark, LSU

Tight End1. Hayden Hurst, South Carolina (AP Photo/Sean Rayford)2. Dallas Goedert, South Dakota State 3. Mike Gesicki, Penn State 4. Mark Andrews, Oklahoma 5. Will Dissly, Washington

Interior OL1. Quenton Nelson, Notre Dame (AP Photo/Tony Avelar)2. Isaiah Wynn, Georgia 3. James Daniels, Iowa 4. Will Hernandez, UTEP T-5. Billy Price, Ohio State T-5. Frank Ragnow, Arkansas

Offensive Tackle1. Mike McGlinchey, Notre Dame (AP Photo/Michael Conroy)2. Connor Williams, Texas 3. Kolton Miller, UCLA 4. Tyrell Crosby, Oregon T-5. Martinas Rankin, Mississippi State T-5. Orlando Brown, Oklahoma

Interior DL1. Vita Vea, Washington (AP Photo/Elaine Thompson)2. Da'Ron Payne, Alabama 3. Taven Bryan, Florida 4. Maurice Hurst, Michigan 5. Harrison Phillips, Stanford

Edge Rusher1. Bradley Chubb, N.C. State (AP Photo/Darron Cummings)2. Marcus Davenport, UTSA 3. Harold Landry, Boston College 4. Lorenzo Carter, Georgia T-5. Arden Key, LSU T-5. Sam Hubbard, Ohio State

Linebacker1. Tremaine Edmunds, Virginia Tech (AP Photo/Bob Leverone)2. Roquan Smith, Georgia 3. Leighton Vander Esch, Boise State 4. Rashaan Evans, Alabama 5. Uchenna Nwosu, USC

Cornerback1. Denzel Ward, Ohio State (AP Photo/Mel Evans)2. Jaire Alexander, Louisville 3. Josh Jackson, Iowa 4. Mike Hughes, UCF 5. Isaiah Oliver, Colorado

Safety1. Minkah Fitzpatrick, Alabama (AP Photo/David J. Phillip)2. Derwin James, Florida State 3. Ronnie Harrison, Alabama 4. Jessie Bates III, Wake Forest 5. Justin Reid, Stanford
EAST RUTHERFORD, N.J. – The Giants have been awarded one compensatory selection in the 2018 NFL Draft.
The choice is in the fourth round, the 135th overall pick. A total of 32 compensatory selections were awarded to 15 teams. The Giants are one of five teams to get a fourth-round compensatory pick.
The extra fourth-round choice gives the Giants seven picks in the seven-round draft. They traded their seventh-round selection to Pittsburgh for cornerback Ross Cockrell last Sept. 3.
The compensatory selections are awarded to teams based on the Compensatory Draft System's net loss formula. Under the system, teams that suffer a net loss of compensatory free agents (CFA) during the prior free agency signing period are eligible to receive a corresponding number of compensatory selections in the following year's draft, up to a maximum of four selections.
The level of compensation (i.e., the round and selection number within the round) that the prior club receives for each CFA lost is based upon a weighted combination of the CFA's average yearly compensation, postseason honors and playtime with the new team, ranked against all players in the league who are on rosters.
Last year, the Giants lost free agents Johnathan Hankins, Robbie Gould, Marshall Newhouse, and Coty Sensabaugh. They signed tight end Rhett Ellison and quarterback Geno Smith.
The NFL Draft will be held April 26-28, with the last four rounds on the final day.