The Falcons will be receiving three compensatory picks for the 2014 NFL Draft as the added selections were handed out at the annual NFL Owners Meetings on Monday.

The extra picks are a fourth-round selection (No. 139 overall) and two seventh-round selections (Nos. 253 and 255 overall).

The Falcons hold 10 selections in the 2014 NFL Draft. Compensatory picks cannot be traded.

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.

The NFL Collective Bargaining Agreement limits the number of compensatory picks to the number of clubs then in the league (32). This year, three clubs Chicago, Atlanta and Cincinnati qualified for compensatory picks under the net loss formula but will not receive those picks because they ranked 33rd, 34th and 35th, respectively, among all compensatory picks. Atlanta and Cincinnati will receive picks for other compensatory free agents lost who ranked within the top 32 compensatory picks.