On Friday, the NFL awarded a seventh round compensatory pick - number 246 overall - to the Broncos.
A total of 32 compensatory choices in the 2011 NFL Draft were awarded to 23 teams, with the Carolina Panthers receiving the most - three.
Under league rules, a team losing more or better compensatory free agents than it acquires in the previous year is eligible to receive compensatory draft picks. Only 21 such picks were awarded to clubs based upon this formula.
The Broncos did not meet the above criteria, however they were awarded one of 11 compensatory picks at the end of the seventh round based on draft order, to bring the total number of compensatory picks to 32 - the number of teams in the league.
The team now holds seven picks in April's draft. One in the first (2), two in the second (36 and 46), a third (67), two in the sixth (186 and 189) and now one in the seventh (246).